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re: Apple is approaching $400....would you buy it before earnings?
Posted on 4/18/13 at 10:49 am to ThaBigFella
Posted on 4/18/13 at 10:49 am to ThaBigFella
quote:
I see apple kicking arse and taking names, I dont care what analysts or people are saying, buy when there is blood on the streets.
I agree. I see Apple products EVERYWHERE!
BUT, I do not think the stock is based on earnings. It is based on the future. You know, the same way you were contemplating buying Amazon cause the future was so bright.
ETA: Do you think Apple's future is bright? As a very well schooled and intelligent poster once said, Apple died when Steve Jobs did. And he hasn't been wrong, yet.
This post was edited on 4/18/13 at 10:55 am
Posted on 4/18/13 at 10:52 am to OnTheBrink
quote:
It is based on the future.
We have a winner, I agree 100%. Stocks are bought and sold on what people think is going to happen, not what has already occured.
Posted on 4/18/13 at 11:10 am to OnTheBrink
quote:
Apple died when Steve Jobs did.
To be fair, I think apple is worth more now than when Jobs died.
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