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re: What happens tomorrow after apple releases earnings?
Posted on 4/23/12 at 2:42 pm to greenhead11
Posted on 4/23/12 at 2:42 pm to greenhead11
quote:
I swear I am not going to look at any media tomorrow or stock quotes and then read the transcript, decide for myself without seeing with the stock price does. Then make a decision independent of whatever the stock price does bc it's a long term play still at cheap prices
When you say long term, what do you mean? 1 year? 5 years?
I'm thinking of buying a few shares and then selling within the next 18 months. WIth the coming release of the iPhone 5, redesigned macbooks and iMacs, rumored smaller iPad, and rumored flat screen panel TV I could see the short term for AAPL being astronomical. As has been stated many times here and elsewhere, it would be impossible for AAPL to see the kind of growth they are seing now in the long run, so that's why I'm thinking of buying now and selling around this time next year. Is this a retarded strategy iyo?
1
Posted on 4/23/12 at 4:13 pm to lsu6294
quote:
iPhone 5, redesigned macbooks and iMacs, rumored smaller iPad, and rumored flat screen panel TV
I could see all of these being catalyst for Apple's further growth. I don't think holding the stock for 12-18 is a bad idea at all. I would maybe buy a small position ahead of earnings. Small.
Also, you list good reasons for buying the stock, if it runs up I wouldn't sell it till those reasons you bought it no longer exists, you need the $$, or you want to protect big gains. But generally speaking you need a good reason to sell or buy.
Stupidly or not, I added to my position today. 1 share but still...
This post was edited on 4/23/12 at 4:14 pm
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