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re: Apple is approaching $400....would you buy it before earnings?

Posted on 4/18/13 at 10:52 am to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 4/18/13 at 10:52 am to
quote:

It is based on the future.


We have a winner, I agree 100%. Stocks are bought and sold on what people think is going to happen, not what has already occured.
Posted by Duck
Member since Dec 2006
361 posts
Posted on 4/18/13 at 2:14 pm to
quote:


We have a winner, I agree 100%. Stocks are bought and sold on what people think is going to happen, not what has already occured.


So previous "price action" is irrelevant? or is it crucial to an investment decision?
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