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AAPL sagging the last 30 days?

Posted on 2/22/21 at 9:46 am
Posted by NorthEnd
Member since Oct 2007
2149 posts
Posted on 2/22/21 at 9:46 am
I've been reading mostly/all good numbers coming from apple, yet the stock has been on bit of a slide (145ish > 125 or so). What am I missing on this one, seems like it should be steady or climbing now.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/22/21 at 9:46 am to
Yeah I got in a new position like 2 weeks ago and am like WTF
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41707 posts
Posted on 2/22/21 at 9:48 am to
AAPL is a great long term buy.
Posted by frogtown
Member since Aug 2017
5063 posts
Posted on 2/22/21 at 9:56 am to
AAPL has projected earnings growth of 15-20%. It has a PE ratio of 37. It is overpriced IMO.
This post was edited on 2/22/21 at 10:00 am
Posted by Me Bite
A.K.A. - Bite Me
Member since Oct 2007
7148 posts
Posted on 2/22/21 at 9:59 am to
IKR, plus they reported today that Apple surpassed Samsung as top smartphone vendor for the first time since 2016. But it has fallen -$4.09/share as of this post.

LINK
This post was edited on 2/22/21 at 10:26 am
Posted by slackster
Houston
Member since Mar 2009
85136 posts
Posted on 2/22/21 at 10:04 am to
AAPL, amzn, Tesla, etc are priced at such a level that they need absolutely flawless execution on their potential or things will stagnate.

Tesla has made more money on their BTC investment than they ever have As a company, yet the stock is down from the announcement date.
Posted by el Gaucho
He/They
Member since Dec 2010
53118 posts
Posted on 2/22/21 at 10:06 am to
They’re sagging in honor of black history month
Posted by Chad504boy
4 posts
Member since Feb 2005
166497 posts
Posted on 2/22/21 at 11:36 am to
aapl has always lagged and sagged at seemingly odd times then soars at a moments notice when nobody is looking.
Posted by UncleLester
West of the Mississippi
Member since Aug 2008
6625 posts
Posted on 2/22/21 at 11:44 am to
I was at the Apple Store leading up to Christmas and leading up to Valentine’s Day and they were sold out of a lot of their big ticket items (iPads, all Laptops, majority of Phones). My friend 2,000 miles away had a similar experience at his local retail Apple store.

I am wondering if that is because more demand than traditionally those times of year or if they are having supply issues.

I am going to wait until immediately after their next earnings announcement to Buy. I think sales will be down.
Posted by Eric Nies Grind Time
Atlanta GA - ITP
Member since Sep 2012
24937 posts
Posted on 2/22/21 at 11:50 am to
You will be fine in the long run. Apple will eventually dominate all aspects of life.
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