Apple back over $700 again!

Kinda. It's bought back many of its shares so it's not exactly an apple to apple comparison...

My Investent group im with we own 350 shares. Let this fuker take off.

quote:

---

My Investent group im with

---

Not trying to hijack, but could you or someone explain this to me? Is it for fun or real money? If real money, how does it work as far as distributing gains and taxes and what not? What if one of the members decides to leave the group?

I know those questions are everywhere but it is the first time I have heard of something like this. TIA!

quote:

---

I've held a big position since it was in med 30's (I think, adjusted for split)

---

Nice. I picked up my first shares when Apple dipped big in '08, I got them for $109. So about $15 adjusted

quote:

---

the dive down the 60's was tough to ride out, but held on

---

Tell me about it. The best thing I did was I bought more

quote:

---

I see it at 120 at least by year end..only 16 p/e at current levels

---

I really hope you're right, but not sure it ends the year that way. It may hit it at some point this year though.

BTW, I asked you a lengthy question on the Northwest Mutual thread if you don't mind taking a look.

Geaux Apple

quote:

---

At what point do you sell and get out?

---

I'm hangin on as long as I think Apple is the leading large tech innovator. There's no one out there to challenge them right now. It surely won't last (RCA, Sony, Blackberry etc), but for now they are it. I give them another couple of years.

quote:

---

At what point do you sell and get out?

---

Personally, it might be by the end of this year. I am a little cautious since this iPhone 6 is big news, but what comes after? I can see the stock staying right around $100 to $105 for a while. I don't want to go through 2012-2013 again though. But a part of me doesn't want to let Apple go for a long time