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re: Time to buy some AAPL?

Posted on 12/12/12 at 9:26 am to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/12/12 at 9:26 am to
If you buy it now, when are you supposed to sell it?
Posted by PhillyTide
The One Who Knocks
Member since Oct 2011
228 posts
Posted on 12/12/12 at 9:43 am to
quote:

If you buy it now, when are you supposed to sell it?


Selling is a hard part of investing, but I generally like to use stop losses.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/12/12 at 9:44 am to
Technicals are dumb.

This stock is melting down in the same way it melted up. Bulls are getting destroyed and no one knows how much leverage these funds had on AAPL.

I have been a bear on the stock for way too long to claim any moral victory about it, but AAPL being the most valuable company in the US is the most absurd thing since the Nikkei at 100k. Why anyone would own AAPL over XOM, given the same valuation is completely and totally perplexing to me.
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