Apple stock is going through the roof!

24

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  • Reply 21 of 61
    yevgenyyevgeny Posts: 1,148member
    Really, who doesn't this surprise? It makes sense that Apple's stock would rise in advance of any 970 news. Apple is breaking even in the midst of difficult economic times while their pro machines are at best laughable. If they come out with 970's then they are going to sell like mad, meaning that Apple will make quite a bit of money. Of course, if there are no 970 announcements, then things won't work out all that well for them and their stock will deflate a bit.
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  • Reply 22 of 61
    kidredkidred Posts: 2,402member
    Quote:

    Originally posted by Yevgeny

    Really, who doesn't this surprise? It makes sense that Apple's stock would rise in advance of any 970 news. Apple is breaking even in the midst of difficult economic times while their pro machines are at best laughable. If they come out with 970's then they are going to sell like mad, meaning that Apple will make quite a bit of money. Of course, if there are no 970 announcements, then things won't work out all that well for them and their stock will deflate a bit.



    Actually it's rising due to iPod sales and ITMS. The 970 is a reason the next few months make Apple a strong buy, but that doesn't account for it's current rise.
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  • Reply 23 of 61
    gamblorgamblor Posts: 446member
    Quote:

    Actually it's rising due to iPod sales and ITMS. The 970 is a reason the next few months make Apple a strong buy, but that doesn't account for it's current rise.



    Actually, the rise is due to AAPL being upgraded from "hold" to "buy" by Needham & Co. Part of the reason cited is optimism for increasing (er, rebounding) sales of the Powermacs in Q1 '04.



    Check out this link.
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  • Reply 24 of 61
    crusadercrusader Posts: 1,129member
    Woohoo my entire portfoilo is in the black! Pixar, IBM, Apple, GE, P&G, Various gold investments, you name it. I bought Apple @17.24 and again @14.51 earlier this year. I just hope this puts a little more pressure on the Fruit to come out with something good, or at least fake something good.
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  • Reply 25 of 61
    scottscott Posts: 7,431member
    Is Martha Stewert buying or selling?
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  • Reply 26 of 61
    nanonano Posts: 179member
    Quote:

    Originally posted by COS

    I remember a couple years back, Apple's stock surpassed Microsoft's. It didn't last too long, but if Needham says that they anticipate the stock to shoot up to $23 per share, Apple would only be two dollars behind Microsoft's current stock rating.



    msft value has been fluctuating back and fourth for the past couple days, often times by as much as $2-$3. It may be likely that Apple stock may shoot past Microsoft in the next week or so.




    this isn't real but a stock price isn't exactly how u measure a company. if microsoft has 1 billion shares and apple has 1 million and they both make the same amount of money obviosly microsofts stock will be way less. it all depends on how many shares there are and how much profit and revenue there is
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  • Reply 27 of 61
    aphelionaphelion Posts: 736member
    I've been accumulating AAPL for two and a half years. Ever since the big sell off at the end of 2K. I guess I've been an optimist on the ability of Apple to deliver it's 5th generation machines. I did the same thing in anticipation of the 3rd generation and it worked out quite well.



    Those of you that are saving up for the G5's should be buying AAPL now with that money, if you haven't been already. Ride the wave.



    Aphelion ...
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  • Reply 28 of 61
    futuremacfuturemac Posts: 242member
    and the best thing you can do after you buy that bunch of aapl is to DAYTRADE the stock (if you have the nerve) instead of just sitting on it. i know a woman who buys stock (when its going up) then she just sits on it and then sells (when she sees its gone down) shes lost a ton of money that way.



    some people dont realize its best to buy an otherwise strong company when the stock is DOWN. i bought appl after the universal buyout rumors when it dropped to 13. (people thought i was crazy) but i knew the drop would be temporary and i sold almost 5 dollars a share later.



    if a stocks at say 15 in jan and it rose to say 20 in july you would make some money BUT you could make MORE money riding the daily and weekly ups and downs of the stock.
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  • Reply 29 of 61
    aureamauream Posts: 30member
    Quote:

    Originally posted by futuremac

    [B]and the best thing you can do after you buy that bunch of aapl is to DAYTRADE the stock (if you have the nerve) instead of just sitting on it. i know a woman who buys stock (when its going up) then she just sits on it and then sells (when she sees its gone down) shes lost a ton of money that way.



    I have never, ever heard of anyone outperforming the market by daytrading stocks. However, I have heard of many people ruined and companies wiped out (All-Tech Investments, anyone) that based their "investing" strategies on daytrading. Anyone who has knowledge of financial markets knows that not only is daytrading very risky, it's likely to make you lose money in the long run. Ameritrade, E*Trade, ScotTrade and others obviously WANT you to trade as frequently as possible, of course, because that's how they make money! If you believe a company is a good investment, then they are a good investment to hold. Otherwise don't bother getting in at all.
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  • Reply 30 of 61
    futuremacfuturemac Posts: 242member
    hey if buying and holding works for you god bless ya!



    but daytrading works for me, im very conservative



    to each his own...



    you have to do what works for YOU.
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  • Reply 31 of 61
    michaelbmichaelb Posts: 242member
    Daytrading is like sleeping around: the more you do it the more likely you are to catch a disease.



    That's not to say it can't be a lot of fun. And there are risk management strategies. Okay, I'm going to stop the analogy there.
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  • Reply 32 of 61
    Quote:

    Originally posted by Auream

    If you believe a company is a good investment, then they are a good investment to hold. Otherwise don't bother getting in at all.



    Different investors have different investment horizons. If you understand the short-term movement of stocks, you can make money by day-trading. Many investment firms invest with shorter (but not necessarily day-long) investment horizons by trading options -- they'll often get in and out within a few weeks' time. But for many (most?) the long-term movement is much clearer -- long-term trend of the market generally is to increase at an average of about 9% annually. If you don't want to mess with it, or can't make better-than-average predictions about the movement of a stock, a longer-term long in a company you think a good investment is reasonable.



    But if you can make better-than-average predictions about the stock market (and part of the equation, as I understand it, is the ability of the small-moneyed investor to act more quickly than the typical institutional investor, if only because someone who decides to invest $5 million in AAPL when it's at 18 can't do so without raising the price in the process) -- if you can make these predictions and are able and willing to stick with it enough to move your money in and out at the appropriate time, then it makes sense to invest with a shorter investment horizon.
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  • Reply 33 of 61
    malokatamalokata Posts: 197member
    Plus, depending on how much stock you buy, the commissions charged to trade almosts make daytrading not worth it (I have 68 shares in AAPL; although I was almost tempted to short when it dropped to 16, I would have come out almost even).



    It was nice to buy at $14.76 and see it rise 9% the next and another 25% since then. As some have said, I think we may see a "summer of Apple".





    Martin
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  • Reply 34 of 61
    futuremacfuturemac Posts: 242member
    when i heard the rumor that apple might buy universal i saw that that might be viewed in a negative manner and it was, and aapl dropped from around 16 to 12.99 ish which is an oppertunity i had been waiting for. and feeling the itms would do well and give aapl a nice bounce which it did, i bought. some people hear the word "daytrading" and think everyones doing 50 trades a day, not me. my appl trade was over a 2 week period. im VERY conservative.



    and you're right about volume with only 100 shares of aapl if it rises 25 cents you only have a 25 dollar increase but if you have a thousand shares thats 250.00 and if you can go up and down like that several times a week you can make a little chunk o change. so one of the keys is accumulating until you get to that point. and then investing very carefully.
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  • Reply 35 of 61
    ipeonipeon Posts: 1,122member
    Quote:

    "The ITunes Music Store and the new IPods promise to lift Pod sales...



    I'm always fascinated by reporters who are so removed from what they are writing about that one can't help but find them too stupid to be reporters. It's not ITunes, it's iTunes, it's not an IPod, it's iPod... and what the heck is a Pod? Heh!
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  • Reply 36 of 61
    bartobarto Posts: 2,246member
    iDon't care. He knows 10,000 times more about Macs than any other analyst on the planet, it seems. That puts him in my good books.
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  • Reply 37 of 61
    jante99jante99 Posts: 539member
    Quote:

    Originally posted by iPeon

    I'm always fascinated by reporters who are so removed from what they are writing about that one can't help but find them too stupid to be reporters. It's not ITunes, it's iTunes, it's not an IPod, it's iPod... and what the heck is a Pod? Heh!



    It's called Copy Editors obsessed with correct grammar/capitlization even it the "correct" rule is wrong in this case.
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  • Reply 38 of 61
    andersanders Posts: 6,523member
    Advise:



    If the 970 isn´t released this time round and the stock take a dive, buy one and a half week from now.



    If you know the 970 will be released buy NOW (as in RIGHT NOW), keep an eye on the stock and when it have been going down for half a day (takes everything from immedialy after introduction up until three days later) sell. If the 970 is released its already too late to buy right after.
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  • Reply 39 of 61
    jccbinjccbin Posts: 476member
    Don't forget SHORT-selling.



    IF a company, Like say PIXAR is priced way high, sell a couple of hundred shares (that you DON'T have) and then buy to cover the sale in a month or so when the stock falls 20%.



    This way you can make money when a stock goes down. I've made some $ on AAPL recently by buying low, then selling at 17, then shorting at 17, and buying again at 16.20, and now I'm riding up on the 19s until monday's news. I'll then decide whether to keep the AAPL or short-sell again for a week or two.



    The key to doing this "safely" is to use mad money. Invest for the long run with most of your portfolio and day trade with money you won't mind losing.



    It means I can make a couple hundred extra dollars every week or two, then reinvest that in my long-term stuff.
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  • Reply 40 of 61
    aureamauream Posts: 30member
    Quote:

    Originally posted by Unnamed User

    Different investors have different investment horizons. If you understand the short-term movement of stocks, you can make money by day-trading.



    Yes, if you are referring to actual TRADING vs. day trading, this is true for the most part. Day trading implies getting in and out of a position in under a day. There is almost no way to do this profitably in the long run. Even one or two-week positions are very, very difficult to keep profitable in the long run. You may make money for a few months, even a year, but in the long run market timing has never been proven to work. But hey, I probably trade more often than I should myself! We've got to keep the online brokerages in business, right?
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