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re: APPLE SPLITTING! What’s the play?

Posted on 7/30/20 at 8:17 pm to
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1905 posts
Posted on 7/30/20 at 8:17 pm to
Sooooo. Do we buy $20,000 of Apple stock tomorrow orrrrr what?
Posted by threeputtforbogie
Member since Sep 2017
832 posts
Posted on 7/30/20 at 8:37 pm to
20%... You can't be serious.
Posted by Rendevoustavern
Member since May 2018
1548 posts
Posted on 7/30/20 at 9:05 pm to
Curious to know if you are satisfied with your overall investment? Have you held your original position over the last six years?
You've seen a healthy ROI but majority, if not all, was realized in the 12 months given the rebound since May 2019.
The growth from 2015-2017 was a marginal %.
17-Q3 2018 was strong but at EOY 2018 you were back to about a 50% ROI over 4 years.
2019 to date, its been on a tear, outside of the March fall out, but you're on track to see 300+% ROI over 6 years. Annualized not bad but again, majority of that was in the last 12-18 months.

So, what are your thoughts on the split and go forward?

I own 0 shares of Apple and just looking for perspective of long shareholder
Posted by SoloTiger
Member since Aug 2016
9510 posts
Posted on 7/30/20 at 9:36 pm to
I bought about same time as Fallguy just after split in 14.

Nabbed 50 shares or a little over 5k investment.. Held it all. Up 275% I think.

It’s worth about 20k now obviously.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48622 posts
Posted on 7/30/20 at 10:06 pm to
quote:

Curious to know if you are satisfied with your overall investment?

It's been the best performing stock that I own. It wasn't a rocket ship up all the time but I've held it through bad earnings and decent sized dips and just reinvested the dividend. I've actually considered selling half (even made a thread on here about it) but I thankfully never did.

It been a really good investment for me. I'm up 413% at today's close. I'm similar to the poster above. I own like 55 shares or something like that.
This post was edited on 7/30/20 at 10:15 pm
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 7/30/20 at 10:12 pm to
Bought before split and after and held. It’s one of my best performers and largest holding now.
Posted by Triple Bogey
19th Green
Member since May 2017
5986 posts
Posted on 7/30/20 at 10:22 pm to
The big tech names are basically monopolies in their related industries. Amazon with online retail, Apple with the app store and iPhones, and Google with the search engine that is basically the only game in town. Never sell your apple shares. Its basically as safe as a bond at this point.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7758 posts
Posted on 7/30/20 at 10:27 pm to
quote:

The big tech names are basically monopolies in their related industries. Amazon with online retail, Apple with the app store and iPhones, and Google with the search engine that is basically the only game in town. Never sell your apple shares. Its basically as safe as a bond at this point.



Didn't Goldman just put a sell rating on Apple and opine that it had become overvalued? GS has some egg on its face on that one.
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 7/30/20 at 11:46 pm to
quote:

Apple's stock has split four times since the company went public. The stock split on a 7-for-1 basis on June 9, 2014 and split on a 2-for-1 basis on February 28, 2005, June 21, 2000, and June 16, 1987.


As a long term investor of Apple, I enjoy splits. I’ve held Apple since 1981, Walmart too.
Posted by tigers1956
baton rouge
Member since Oct 2008
4790 posts
Posted on 7/31/20 at 8:09 am to
BUY....
Posted by buckeye_vol
Member since Jul 2014
35239 posts
Posted on 7/31/20 at 8:20 am to
quote:

Amazon with online retail, Apple with the app store and iPhones
These are false. Amazon doesn’t even have a majority of the market share in e-commerce, and neither does Apple in the smartphone market.
Posted by lionward2014
New Orleans
Member since Jul 2015
11721 posts
Posted on 7/31/20 at 8:56 am to
quote:

As a long term investor of Apple, I enjoy splits. I’ve held Apple since 1981


My step-mother in law bought 1000 shares in the 1980's, and sporadically added more over the last 40 years. My brother-in-law's college fund is mighty nice right now.
Posted by blueboxer1119
Baton Rouge
Member since May 2013
8009 posts
Posted on 7/31/20 at 9:05 am to
I think there will be a correction in the next few weeks.

No unemployment funds flowing...

I sold all at 408 last night (30 shares)

I predict a fall in the next few weeks, then I'll buy back in. (I bet under 400).

*smh. I guessed wrong...
This post was edited on 8/4/20 at 6:58 pm
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119256 posts
Posted on 7/31/20 at 9:11 am to
quote:

As a long term investor of Apple, I enjoy splits. I’ve held Apple since 1981, Walmart too.


Are you Warren Buffett? Bill Gates? If not, do you have dinner with them?
Posted by Enos Burdette
Atlanta, Georgia
Member since Dec 2019
693 posts
Posted on 7/31/20 at 9:24 am to
quote:

Curious to know if you are satisfied with your overall investment? Have you held your original position over the last six years?
You've seen a healthy ROI but majority, if not all, was realized in the 12 months given the rebound since May 2019.
The growth from 2015-2017 was a marginal %.
17-Q3 2018 was strong but at EOY 2018 you were back to about a 50% ROI over 4 years.
2019 to date, its been on a tear, outside of the March fall out, but you're on track to see 300+% ROI over 6 years. Annualized not bad but again, majority of that was in the last 12-18 months.

So, what are your thoughts on the split and go forward?

I own 0 shares of Apple and just looking for perspective of long shareholder


I've held Apple for several years and added to it here and there. Just a while back, I was considering selling and taking the profit after the run over the last 3 years had me up by a large percentage - you can go back and find the post I made about it on MT. Several here insinuated that I was crazy, and since there are folks here with a LOT more financial acumen than me, I took it as a sign, sold some other stocks/ETF positons and essentially doubled down on my stake. That brings my basis, as of today, up to $271 per share.

Obviously the last three years have been good to me with the stock and I'm extremely pleased with the performance. I don't contribute to that IRA anymore - what's there is there and I'll let it grow. If it gets to 20% of my portfolio in the IRA though, I'll likely sell some of it off and put it elsewhere. I've got some money in other funds that have had great performance over the last 10 years and would have outpaced Apple individually without what's happened this year though.

Posted by audioaxes1
Member since Jul 2019
233 posts
Posted on 7/31/20 at 2:57 pm to
Man I was soooo close to pulling the trigger on some call options that would have gave me 1000%+ gains. Usually when such a play seems so obvious and easy it ends up being a trap for me.
Posted by Enos Burdette
Atlanta, Georgia
Member since Dec 2019
693 posts
Posted on 7/31/20 at 3:11 pm to
Up over 10% on the day right now.
Posted by 632627
LA
Member since Dec 2011
12771 posts
Posted on 7/31/20 at 4:19 pm to
quote:


My step-mother in law bought 1000 shares in the 1980's, and sporadically added more over the last 40 years. My brother-in-law's college fund is mighty nice right now.


I think 1000 shares purchased in the 80s would yield something a lot more than a mighty nice college fund.
Posted by ODP
Conroe
Member since Oct 2015
1938 posts
Posted on 7/31/20 at 4:35 pm to
Conservatively speaking, if she purchased 1000 shares in 1985 it would be 56,000 shares today at $400/share. I think you can get one or two college educations with 25mil.
This post was edited on 7/31/20 at 4:36 pm
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2942 posts
Posted on 7/31/20 at 5:39 pm to
quote:

The company itself hasn't changed.


This.

But I would buy more.
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