Ummm...it is down like 2% (to a mere $83)...on a day when the market was down a bit. I think you might be panicking. Stocks don't go up every day. Think long (not short) term. AAPL is probably okay (though I don't know if $103 is going to happen).
The entire tech sector took a hit today, and AAPL is still up about $5 over last week. This is nothing about AAPL in particular, just the sector as a whole. Hang onto it.
With stock you need to remember that it is a long term investment. Your best bet is to leave it alone and not touch it for 10 years or more or even better keep it for your kids. The short term gain now will be negligible due to the continued growth in the future and the dividend payout you will receive, this over many years plus interest equals more money in your pocket plus the ability to use equity to by more stock or houses etc.
But if you want to sell many people will be buying pushing the price higher meaning you will loss even in the short term.
With stock you need to remember that it is a long term investment. Your best bet is to leave it alone and not touch it for 10 years or more or even better keep it for your kids. The short term gain now will be negligible due to the continued growth in the future and the dividend payout you will receive, this over many years plus interest equals more money in your pocket plus the ability to use equity to by more stock or houses etc.
But if you want to sell many people will be buying pushing the price higher meaning you will loss even in the short term.
Many people are also locking in profits, hence the selling. As a general rule of thumb, many sell if a stock drops about 10% to avoid further sliding. It depends on your own philosophy and tolerance for price drops.
There really doesn't seem to be any competitor to Apple that is executing as well as they are-- my gut feeling is that it'll come back up, but it may take a while. We will not likely have the quick almost daily run-ups that we've had for several years.
Comments
You can watch it here at 5PM EST:
http://www.apple.com/quicktime/qtv/earningsq106/
WTH?
Originally posted by murk
At 4:30 it's down $5.63 in after hours trading.
I expect that is typical profit-taking.
But if you want to sell many people will be buying pushing the price higher meaning you will loss even in the short term.
Originally posted by Aquatic
It slid almost ten bucks in two days, what the heck? Is it the sector?
I am considering to get some more shares
AFTER the split. Do you guys think, this is a good idea
this time?
Actually, when they previously split shares i jumped on board,
and i am not disappointed at all. You do know what i mean.
Ideas appreciated.
Originally posted by Aquatic
It slid almost ten bucks in two days, what the heck? Is it the sector?
Yes.
Originally posted by Vox Barbara
I am considering to get some more shares
AFTER the split.
Why are you so certain it is going to split?
Originally posted by furious_
With stock you need to remember that it is a long term investment. Your best bet is to leave it alone and not touch it for 10 years or more or even better keep it for your kids. The short term gain now will be negligible due to the continued growth in the future and the dividend payout you will receive, this over many years plus interest equals more money in your pocket plus the ability to use equity to by more stock or houses etc.
But if you want to sell many people will be buying pushing the price higher meaning you will loss even in the short term.
This is AAPL, what dividend?
Originally posted by murk
Why are you so certain it is going to split?
Actually i am not certain that this is going to happen,
but there is a slate of indications. Say, a hunch...
The last time i had this feeling, well, it happend straight away.
Of course my feeling was backed up by a lot of professional
lecturing.
Originally posted by Vox Barbara
Actually i am not certain that this is going to happen,
but there is a slate of indications. Say, a hunch...
The last time i had this feeling, well, it happend straight away.
Of course my feeling was backed up by a lot of professional
lecturing.
Well...and I believe there has been some mention of it in AAPL stock news as well. Apple may have even hinted at it recently.
There really doesn't seem to be any competitor to Apple that is executing as well as they are-- my gut feeling is that it'll come back up, but it may take a while. We will not likely have the quick almost daily run-ups that we've had for several years.