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AAPL: getting close to short territory

Posted on 7/7/14 at 3:35 pm
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/7/14 at 3:35 pm
I go from "sell" to "short" at ~$105. You have to have the guts and capital to stick this one out, though.
This post was edited on 7/7/14 at 3:36 pm
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 7/7/14 at 3:38 pm to
Im so happy I kept averaging down during its drop in 12/13...
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15586 posts
Posted on 7/7/14 at 3:38 pm to
I've had my finger on trigger for a couple of weeks now. Prob will dump everything by the end of this week.
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 7/7/14 at 3:44 pm to
quote:

Prob will dump everything by the end of this week.


This is what scares me... I'm pretty happy with my 54% gains I've made on it and I know at some point people are just gonna sell off.
Posted by kennypowers816
New Orleans
Member since Jan 2010
2443 posts
Posted on 7/7/14 at 3:47 pm to
I bought at $320 in 2010 and rode it all the way up and down. Decided I didn't want to ride it back down again this time so I sold a couple of weeks ago at $92.

I'm not nearly as big of a believer in the company as I was a few years ago. If they drop again, I'll definitely consider buying back again.
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15586 posts
Posted on 7/7/14 at 3:48 pm to
I'm buying a house and i'm finding it difficult to part with AAPL. It's part of my 20% down though. Otherwise I'd hang in there for the long haul honestly.
Posted by LSURussian
Member since Feb 2005
126961 posts
Posted on 7/7/14 at 3:50 pm to
In before Iowa Golfer says buy puts.....
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 7/7/14 at 3:58 pm to
quote:

I'm buying a house and i'm finding it difficult to part with AAPL. It's part of my 20% down though. Otherwise I'd hang in there for the long haul honestly.


When I bought my house I sold my entire portfolio besides AAPL. I bought (the house) while it (AAPL) was still down pretty significantly and I couldn't part with it. Now, I think I'd feel pretty good about it, but I wouldn't know what to put all the $$ in
This post was edited on 7/7/14 at 3:59 pm
Posted by LSU0358
Member since Jan 2005
7916 posts
Posted on 7/7/14 at 4:27 pm to
quote:

Im so happy I kept averaging down during its drop in 12/13...


Excellent move...I didn't think it would make it back above $600 (or 80 after the split). Agree on it being a good shorting opportunity.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/7/14 at 9:05 pm to
Cash would do you well.

I've put myself out there several times. My only wrong call was LNG as a trade, not a LT investment.

I think.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8141 posts
Posted on 7/7/14 at 9:49 pm to
Shhh...I'm up 70% in 13 months. Don't jinx me.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/7/14 at 10:02 pm to
I wish I knew which one of you that was.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 7/7/14 at 10:44 pm to
quote:

In before Iowa Golfer says buy puts..


He said he was on vacation

That is a pretty solid thing to say though if you own the stock and want to protect yourself though
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