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Started By
Message
1
Posted on 4/17/12 at 2:45 pm to Chad504boy
When I saw it was down to $580 yesterday I thought about picking up some shares, but stayed in lab until 4 am and by the time I woke up today it was back to $600.
Posted on 4/17/12 at 2:48 pm to The Easter Bunny
quote:
When I saw it was down to $580 yesterday I thought about picking up some shares, but stayed in lab until 4 am and by the time I woke up today it was back to $600.
This morning it was down, i was really thinking about picking up some... i go back and already shot up.
Chuck Norris vs Apple... who stays down longer?
Posted on 4/17/12 at 2:58 pm to Chad504boy
Wait wait wait..."CNN 12 month Forecast" is an actual thing? I thought you were kidding.
Posted on 4/17/12 at 3:03 pm to kfizzle85
Posted on 4/17/12 at 3:15 pm to Chad504boy
It's pretty damn amazing that ~$20B is exchanged daily on just AAPL stock. So about 250 trading days per year, so a 5 trillion dollars in trades on just aapl stock will happen this year.
ETA: as a comparison, XOM trades about $1.2B daily.
ETA: as a comparison, XOM trades about $1.2B daily.
This post was edited on 4/17/12 at 3:17 pm
Posted on 4/17/12 at 4:37 pm to C
Dunno where you got that from. I found it mindblowing and got a much smaller number doing some quick and dirty on CapIQ and got an average of roughly $5B since 2008. XOM @ $2B, so still much higher for sure, but not quite that ridiculous.
Posted on 4/17/12 at 4:46 pm to Chad504boy
I sold off some random stuff earlier and had some money sitting in my cash ready to buy at a good opportunity. Unfortunately days earlier I had moved the money to my bank to piss it away on a 28 year old sports car. With my luck the car will end up being a POS.
Posted on 4/17/12 at 4:50 pm to Camp Randall
Could this be because of the class action lawsuit against Apple ? Just throwing it out there.
This post was edited on 4/17/12 at 4:51 pm
Posted on 4/17/12 at 6:01 pm to C
Well you said daily, and you just happened to use today, which is way higher than its been historically. If you had just said "today," that would have been different. I'm not nit-picking you bro, I'm just pointing out that its gone up a lot recently and in particular today. But if you don't find trends and perspective to be relevant than by all means just focus on one day and ignore my post. 
This post was edited on 4/17/12 at 6:48 pm
Posted on 4/17/12 at 8:45 pm to kfizzle85
It's been around $600 for about a month now and I was using the average volume for that period. Today it was actually about $22B.
Either way it seems like a ton of money trading hands.
Either way it seems like a ton of money trading hands.
Posted on 4/20/12 at 7:53 am to ThaBigFella
Posted on 4/20/12 at 8:35 am to tigerpawl
He leads off calling out the AAPL fanbois.
Then the "negative" guy says it might go to $1000 before the big selloff.
Then the "negative" guy says it might go to $1000 before the big selloff.
Posted on 4/20/12 at 8:46 am to Camp Randall
quote:
Then the "negative" guy says it might go to $1000 before the big selloff.
You never know how long irrationality will last.
A lot of guys who shorted the housing market starting in 2005 ended up going broke because they didn't think that the market could be so irrational for so long.
Posted on 4/20/12 at 9:24 am to TheHiddenFlask
The market is terribly inefficient. Technology has excasubated the emotional knee jerk reaction to any news.
It's hard to hang in short positions for long, cause the amount of money you can loose is limitless. At least you have 0 as your down side protection for a long position.
quote:
A lot of guys who shorted the housing market starting in 2005 ended up going broke because they didn't think that the market could be so irrational for so long.
It's hard to hang in short positions for long, cause the amount of money you can loose is limitless. At least you have 0 as your down side protection for a long position.
Posted on 4/20/12 at 10:49 am to greenhead11
Yeah but what's the chance of the stock going up over 100%? Especially without you being able to get out of the trade before then
Posted on 4/23/12 at 10:42 am to Chad504boy
$550 might be in play today 
Posted on 4/23/12 at 10:54 am to The Easter Bunny
quote:
$550 might be in play today
grabs checkbook...
Posted on 4/24/12 at 4:20 pm to Chad504boy
Wow - heck of an ER, esp. given that the North America numbers were down. And Asia is just getting cranked up...
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