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re: Apple Stock Short Term
Posted on 8/24/16 at 3:51 pm to TIGERsinceCONCEPTION
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
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