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Selling APPLE ?

Posted on 8/17/12 at 10:39 am
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 8/17/12 at 10:39 am
WHEN ????? I've considered it many times over the last couple weeks ....and it just keeps going up .... when ????
Posted by Chad504boy
4 posts
Member since Feb 2005
167136 posts
Posted on 8/17/12 at 10:42 am to
i want it to break 644 and make that next run. then maybe short.
Posted by dagrippa
Saigon
Member since Nov 2004
11315 posts
Posted on 8/17/12 at 10:45 am to
I told myself to sell at 617 (arbitrarily months ago) then it zoomed so fast to 640 I had to hold it.

I'm in the same boat that you're in.
Posted by Chad504boy
4 posts
Member since Feb 2005
167136 posts
Posted on 8/17/12 at 11:03 am to
anyone else seeing some chatter about apple doing some apple splits in maybe the next 6 months. You know whats better than 100 apples? 600 apples!
Posted by LSURussian
Member since Feb 2005
127270 posts
Posted on 8/17/12 at 1:27 pm to
quote:

Selling APPLE ?
WHEN ?????
Sell it when it stops going up....
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 8/17/12 at 2:05 pm to
i'm still getting in... the actual tv made by tv is coming and it's going to change to world.
Posted by Willie Stroker
Member since Sep 2008
13127 posts
Posted on 8/17/12 at 6:18 pm to
Something else to consider is Apple cannot accurately anticipate the volume of purchases they will be receiving from various government agencies this August and September.

But as a subscriber to govexec.com, it's fairly apparent there is significant interest in using end of year funds to purchase ipads for various IT projects underway. Since government agencies do not get to roll their funds over to the next fiscal year, I'd wager FY12 will represent the largest amount of taxpayer money ever directed to Apple from government agencies.

Agencies are anticipating receiving significantly less funding in FY13 primarily from possible effects of sequestration, but also likely cuts from election year changes.

So the volume of government purchases from end of fiscal year purchase decisions should not be used as an indicator for what FY13 government purchases will be.

Do what you will with this information, but it seems a relevant addition to this thread.

Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 8/17/12 at 10:09 pm to
Hold forever.

The 7 inch iPad is about to wipe out the ankle biters in the tablet space that have enjoyed hiding at the $200 price point.

The iPhone 5 is going to be the biggest release in the history of consumer electronics.

I'm not sure enough yet about the TV to comment.
Posted by greenhead11
Member since Feb 2012
929 posts
Posted on 8/20/12 at 2:12 pm to
Sell when the reasons you bought the stock no longer exists or you think the valuation is too rich. As long as margins stay relatively where they are now >40%, sales in China continue at a feverish pace,and apple continues to innovate I can see $800 easy.

Assume they earn $50/share and garner a 16x multiple= $800 easy

Apple generally runs up prior to a product launch , and sells off afterward
Posted by Chad504boy
4 posts
Member since Feb 2005
167136 posts
Posted on 8/27/12 at 11:10 am to
Posted by braindeadboxer
Utopia
Member since Nov 2011
8742 posts
Posted on 9/24/12 at 12:58 pm to
Anyone jumping out now? I'm not.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 10/2/12 at 3:22 pm to
I already sold my 2,100 shares.























Back when it hit $19 a share.
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