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Apple Stock Short Term
Posted on 8/23/16 at 9:41 am
Posted on 8/23/16 at 9:41 am
What do yall think about Apple in the short term? I had bought some in the 90s as more of a short term play and was considering selling it. It seems to be overbought right now. I'm just wondering if the iphone 7 will help or hurt the stock when it's released in Sept.
Posted on 8/23/16 at 10:33 am to LSU1018
I did too and I recently sold it in the 108s. I like apple but theyre a lot riskier than you think, the iphone makes up the bulk of their income and android has 85% market share worldwide and growing. Apple is a cash flow machine, an all time great company but its worth $600b and any disruption to that income could be ugly for shareholders. It was a good buy down there but up here Id rather something else
Posted on 8/23/16 at 10:35 am to dabigfella
I'm in at 120 I wish it would get up there and I can dump it.
Posted on 8/23/16 at 10:38 am to b-rab2
quote:
I'm in at 120 I wish it would get up there and I can dump it.
I'm in at 130 bro I know I know, dumb dumb of me. Bought a decent amount at 124 also and what I had left to spend, a small amount at like 94. I just want it to get back up to 130 again
Posted on 8/23/16 at 10:48 am to LSU1018
Short term?
iPhone sales this qtr were 20% of what they were this time last year.
With nothing big planned this year I'd sell asap.
Consider buying again in 2017
iPhone sales this qtr were 20% of what they were this time last year.
With nothing big planned this year I'd sell asap.
Consider buying again in 2017
Posted on 8/23/16 at 2:32 pm to LSU1018
quote:
What do yall think about Apple in the short term?
It is not a short term stock.
Posted on 8/23/16 at 3:39 pm to LSU1018
Stay far away from AAPL as a short term stock - it's risky. Every quarterly earning report can send it plummeting, but the upside isn't there to back up the downside.
Posted on 8/23/16 at 4:44 pm to TIGERsinceCONCEPTION
I like it. I'm up 25% YTD with apple from my 2 entry and exit points. Waiting for it to dip below $105 or more before my next entry point
Posted on 8/24/16 at 3:43 pm to HYDRebs
- Cleansing stupidity -
This post was edited on 8/24/16 at 4:58 pm
Posted on 8/24/16 at 3:51 pm to TIGERsinceCONCEPTION
quote:
Up 25% on a stock that you probably bought in for at $90/share. You can make those same numbers on stocks that are $10/share and make a lot more money - that's why I don't personally like it as a short term play.
That literally makes zero sense. 25% gain is a 25% gain regardless of which company you buy or if you buy a certain stock at $10 or another stock at $90. A 25% gain at $10/share is the same profit as 25% gain at $90 dollars a share assuming you have the same amount of capital invested. It feasibly can't be a lot more money.
Posted on 8/24/16 at 4:24 pm to HYDRebs
I ended up selling mine at 108.90. I've had a good bit of success trading Apple short term in the last year. I'm hoping it may come back down to 100 and I will buy back in.
Posted on 8/24/16 at 4:27 pm to HYDRebs
- Cleansing stupidity -
This post was edited on 8/24/16 at 4:44 pm
Posted on 8/24/16 at 4:35 pm to TIGERsinceCONCEPTION
quote:
You alluded to my point - didn't explain it well - considering the same capital is invested you can make 9x the money. Just my opinion on short term plays - you can make more bang for your buck on cheaper stocks which don't have any more volatility than AAPL.
Want to try again? Because for the second time, I seriously worry about your future finances
Posted on 8/24/16 at 4:37 pm to GenesChin
It's because I'm retarded.
Posted on 8/24/16 at 4:39 pm to GenesChin
- Cleansing stupidity -
This post was edited on 8/24/16 at 4:44 pm
Posted on 8/24/16 at 4:42 pm to TIGERsinceCONCEPTION
quote:
It's because I'm retarded.
Your edit still didn't cleanse the stupid.
Simply stated, if Apple Stock split to $10, it doesn't become a better investment unless you are arguing some unproven investor psychology
Posted on 8/24/16 at 4:43 pm to TIGERsinceCONCEPTION
quote:
I was trying to say, before the double brain fart, that less upfront capital can give you the same results.
If you are investing $1000 in Apple or $1000 in a stock that is $10, 25% returns gets you $250 either way
Your invested capital doesn't change based on the price of the stock
This post was edited on 8/24/16 at 4:45 pm
Posted on 8/24/16 at 4:46 pm to GenesChin
I'm with you, giving myself the lifetime ban
Posted on 8/24/16 at 4:49 pm to TIGERsinceCONCEPTION
It happens man no need to give that type of punishment. Its already been a long week.
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