What's so weird is that if you look at Apple over the past couple of weeks, you'd have to say, "Gee, that company isn't making any money at all the way it's been falling and has lost about $60 billion in market cap in such a short time." This is how I guess someone who doesn't know much about Apple would think. Over the past couple of weeks, Apple is getting hit as hard if not harder than stocks that really haven't doing all that well for most of the year. It has to appear rather confusing trying to tell the actually good companies from the clunkers when they're all dropping about the same amount. Apple doesn't appear to have any strength at all relative to Hewlett-Packard or Microsoft. All those buybacks, increased dividends and tons of cash seem to mean almost nothing regarding Apple's share price stability. Sometimes the stock market really is befuddling. I'm not complaining about Apple's share price drop because it gives Apple an opportunity to buy back shares and for confident Apple investors to buy more shares at a lower price. This is a great opportunity for Apple fans to get more shares. I'm extremely confident the stock will go back up to around $118 by the end of the year or early next year. Apple's recent drop doesn't worry me one bit. This is not going to be a repeat of 2012.
When i sold apple at 550 as it dropped from 700 to 400 i felt like i lost out on a sell at the top. But then i bought in again at around 400 and kept the stock till now.
Basically a substantial portion of my shares are up over 80% over a 1.5 year span.
Since apple constitutes 99% of my trading portfolio... I look like a wizard on paper.
There is no way a hedge fund or whatever can take that much risk.
You have a mutual fund for saving your money in a low risk diversified situation for retirement.
You have a separate stock trading account to play games and get lucky.
What's so weird is that if you look at Apple over the past couple of weeks, you'd have to say, "Gee, that company isn't making any money at all the way it's been falling and has lost about $60 billion in market cap in such a short time." This is how I guess someone who doesn't know much about Apple would think. Over the past couple of weeks, Apple is getting hit as hard if not harder than stocks that really haven't doing all that well for most of the year. It has to appear rather confusing trying to tell the actually good companies from the clunkers when they're all dropping about the same amount. Apple doesn't appear to have any strength at all relative to Hewlett-Packard or Microsoft. All those buybacks, increased dividends and tons of cash seem to mean almost nothing regarding Apple's share price stability. Sometimes the stock market really is befuddling. I'm not complaining about Apple's share price drop because it gives Apple an opportunity to buy back shares and for confident Apple investors to buy more shares at a lower price. This is a great opportunity for Apple fans to get more shares. I'm extremely confident the stock will go back up to around $118 by the end of the year or early next year. Apple's recent drop doesn't worry me one bit. This is not going to be a repeat of 2012.
The stock market generally falls all at once in large moves because well performing companies get sold to cover for losses in other areas. Companies that turned a profit might have to be sold in order to buy other stocks that have fallen even more than apple (if an alternative value proposition is found).
In other words, a companies stock price is only partially dependent on the company itself.
My basic rule of investing: if an otherwise great company falls for no other obvious reason other than general stock market weakness, the the stock is on sale and deserves to be bought. If you never buy on the dips, why play the market at all... Pick a company that looks solid, and buy as much as possible on dips not related to that company's performance. The expection may be a company whose P/E ratio is vastly and speculatively too high. Apple still falls on the catergory of a value stock at its PE ratio. Remember their PE ratio is not even the whole story since they have large cash assets, hard assets, real estate which should be factored into their price. Also they have a dividend which must be factored in as well.
Apple goes lower: buy more. Who else can you name that you could be more confident about for near guaranteed future success and growth? Apple products are not that easy to replicate and its not that easy for to build such a sticky ecosystem.
Really, everyone upset with their brokers/advisors/cousins/shoe shine boy: You should have bought Facebook when it was at $16 ($79 now), or Microsoft at $25 not too long ago (now around $46).
It doesn't matter what one person here thinks Apple stock is "really worth". Apple stock price is what people are willing to pay for it - today. That is what it is worth. Hopefully, people remember that you can't guess the price tomorrow. You are betting the price will go higher. Your bets are pretty safe - maybe?
But remember...in 2008, tech stocks dropped up to and more than 50%. IBM less, MSFT more or less 50%, Apple more. All on a classic "black swan" event. Is the market at the top? We don't know. Is a big correction coming? It will, one day, but will it be tomorrow or next year? Hopefully, you don't have all of your eggs in one basket. Even if the market goes sideways 10-20%, Apple will go with it.
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Really, big deal if you lost on big gains. Was that a guarantee? You might be happy now if stocks did not go up, but Apple stock went down.
It's too bad people are kicking themselves in the future (today) for what they did the past (before yesterday). Hindsight is wonderful, isn't it?
your concern is perfect on tech industry .Tech stock is still rising according to Apple new they are partnering with IBM soon and there is going to be a huge blast for its stake holders.
What Wall street doesn't understand is Apple as a status symbol. At the same time, Wall street believes Apple's future success is based solely on the success of its next product. This is wrong, and ironic because iIn reality, Apple makes best-in-class products that billionaires want and the middle class can afford.
At 108 AAPL has fallen from its 52 week high. That must be pleasing the money managers quite a bit.
I suspect that there's manipulation going on, just like we saw two years ago when it was driven down from 700 to close the year at exactly 500. Which was where the options were set.
There's no reason I've seen that would cause the stock to drop from 119 three weeks ago to 108 now. Even rebalancing portfolios (which happens at this time of year) doesn't explain a 10% drop. So I am suspecting manipulation.
2013 was a "buying opportunity". Just checked back on my last significant AAPL purchase - which was in the depths of 2013 - and that lot is up just under 79%.
This just proves wall street have not clue about technologies companies, most of these people come out of the top business school and by association the top business school also have no clue about technologies companies. They need to get their heads out of the 20th century and realize technology will be the place to put your money going forward.
This just proves wall street have not clue about technologies companies, most of these people come out of the top business school and by association the top business school also have no clue about technologies companies. They need to get their heads out of the 20th century and realize technology will be the place to put your money going forward.
I thought it was investor sentiment that led the way. Does WS control stock prices lock stock and barrel?
Comments
Same here. 7000 (post-split) shares long that I've held for two years. My cost basis average is $72.42. Take that 'professional' money managers!
What's so weird is that if you look at Apple over the past couple of weeks, you'd have to say, "Gee, that company isn't making any money at all the way it's been falling and has lost about $60 billion in market cap in such a short time." This is how I guess someone who doesn't know much about Apple would think. Over the past couple of weeks, Apple is getting hit as hard if not harder than stocks that really haven't doing all that well for most of the year. It has to appear rather confusing trying to tell the actually good companies from the clunkers when they're all dropping about the same amount. Apple doesn't appear to have any strength at all relative to Hewlett-Packard or Microsoft. All those buybacks, increased dividends and tons of cash seem to mean almost nothing regarding Apple's share price stability. Sometimes the stock market really is befuddling. I'm not complaining about Apple's share price drop because it gives Apple an opportunity to buy back shares and for confident Apple investors to buy more shares at a lower price. This is a great opportunity for Apple fans to get more shares. I'm extremely confident the stock will go back up to around $118 by the end of the year or early next year. Apple's recent drop doesn't worry me one bit. This is not going to be a repeat of 2012.
Basically a substantial portion of my shares are up over 80% over a 1.5 year span.
Since apple constitutes 99% of my trading portfolio... I look like a wizard on paper.
There is no way a hedge fund or whatever can take that much risk.
You have a mutual fund for saving your money in a low risk diversified situation for retirement.
You have a separate stock trading account to play games and get lucky.
Hedge funds seem otherwise pointless to me...
The stock market generally falls all at once in large moves because well performing companies get sold to cover for losses in other areas. Companies that turned a profit might have to be sold in order to buy other stocks that have fallen even more than apple (if an alternative value proposition is found).
In other words, a companies stock price is only partially dependent on the company itself.
My basic rule of investing: if an otherwise great company falls for no other obvious reason other than general stock market weakness, the the stock is on sale and deserves to be bought. If you never buy on the dips, why play the market at all... Pick a company that looks solid, and buy as much as possible on dips not related to that company's performance. The expection may be a company whose P/E ratio is vastly and speculatively too high. Apple still falls on the catergory of a value stock at its PE ratio. Remember their PE ratio is not even the whole story since they have large cash assets, hard assets, real estate which should be factored into their price. Also they have a dividend which must be factored in as well.
Apple goes lower: buy more. Who else can you name that you could be more confident about for near guaranteed future success and growth? Apple products are not that easy to replicate and its not that easy for to build such a sticky ecosystem.
Really, everyone upset with their brokers/advisors/cousins/shoe shine boy: You should have bought Facebook when it was at $16 ($79 now), or Microsoft at $25 not too long ago (now around $46).
It doesn't matter what one person here thinks Apple stock is "really worth". Apple stock price is what people are willing to pay for it - today. That is what it is worth. Hopefully, people remember that you can't guess the price tomorrow. You are betting the price will go higher. Your bets are pretty safe - maybe?
But remember...in 2008, tech stocks dropped up to and more than 50%. IBM less, MSFT more or less 50%, Apple more. All on a classic "black swan" event. Is the market at the top? We don't know. Is a big correction coming? It will, one day, but will it be tomorrow or next year? Hopefully, you don't have all of your eggs in one basket. Even if the market goes sideways 10-20%, Apple will go with it.
-
Really, big deal if you lost on big gains. Was that a guarantee? You might be happy now if stocks did not go up, but Apple stock went down.
It's too bad people are kicking themselves in the future (today) for what they did the past (before yesterday). Hindsight is wonderful, isn't it?
your concern is perfect on tech industry .Tech stock is still rising according to Apple new they are partnering with IBM soon and there is going to be a huge blast for its stake holders.
I wrote about one of the keys to Apple's success: Creating products that become status symbols everywhere from the Ghetto to Monaco: http://halifaxbloggers.ca/straighttech/2014/12/billionaires-phone/
At 108 AAPL has fallen from its 52 week high. That must be pleasing the money managers quite a bit.
I suspect that there's manipulation going on, just like we saw two years ago when it was driven down from 700 to close the year at exactly 500. Which was where the options were set.
There's no reason I've seen that would cause the stock to drop from 119 three weeks ago to 108 now. Even rebalancing portfolios (which happens at this time of year) doesn't explain a 10% drop. So I am suspecting manipulation.
Plus what I already owned at the time.
OK by me.
"Apple makes best-in-class products that billionaires want and the middle class can afford."
Nicely put. I'm going to use your line.
This just proves wall street have not clue about technologies companies, most of these people come out of the top business school and by association the top business school also have no clue about technologies companies. They need to get their heads out of the 20th century and realize technology will be the place to put your money going forward.
I thought it was investor sentiment that led the way. Does WS control stock prices lock stock and barrel?