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re: Who's picking up Apple when it splits?

Posted on 8/21/20 at 2:41 pm to
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41736 posts
Posted on 8/21/20 at 2:41 pm to
I ended up getting in at 457/share. Glad I made the call but now I wish I would've put MUCH more in.
Posted by BZ504
Texas
Member since Oct 2005
9573 posts
Posted on 8/21/20 at 3:25 pm to
Yep, wish I would’ve bought more. Feel like it’s going to dip some.
Posted by MrJimBeam
Member since Apr 2009
12378 posts
Posted on 8/21/20 at 3:29 pm to
Apple will continue to rise. It’s a monster. Just put money in it whenever you can.
Posted by Golden_Retriever
USA
Member since Jun 2020
20 posts
Posted on 8/21/20 at 3:56 pm to
Me!
Not touching Tesla.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 8/21/20 at 4:03 pm to
I’m in both AAPL and TSLA as of this past Monday and both still rising. There’s gonna be a ceiling eventually but I don’t think it hits that til after the split.

I think right after it bounces up as everyone who’s been waiting to grab the cheaper individual shares. Then after the dust settles it may come back down to earth.

I really wish I would’ve gotten in both as soon as the splits were announced.
Posted by IbalLSUfaninVA
Alexandria
Member since Jul 2008
3484 posts
Posted on 8/21/20 at 5:10 pm to
Yes ppl are so emotional when splits are announced. I get in to take the profits.
Posted by tigers1956
baton rouge
Member since Oct 2008
4794 posts
Posted on 8/21/20 at 5:47 pm to
What is the last day that you can buy apple before the split...what do you think the price will be
Posted by Weagle25
THE Football State.
Member since Oct 2011
46216 posts
Posted on 8/22/20 at 9:29 am to
They actually say stock prices typically rise after the announcement of a split until the actual split. Then they tend to dip after the split
Posted by Donnie 9 inch
Mar A Lago
Member since Jul 2018
477 posts
Posted on 8/22/20 at 1:12 pm to
The price rises pre-split and dips a little afterwards historically. I don’t think this trend continues this year though. A split hasn’t taken place during a pandemic in a long time. Tech stocks are seeing astronomical gains right now because of it and I feel that trend will continue. I already hold Apple FWIW.
Posted by Double Oh
Louisiana
Member since Sep 2008
18033 posts
Posted on 8/22/20 at 1:53 pm to
quote:

They actually say stock prices typically rise after the announcement of a split until the actual split. Then they tend to dip after the split




Correct they usually dip after the split. But this is not no ordinary stock we talking about. Would not surprise me if it shot up some after the split. This is Apple not Wal Mart
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 8/22/20 at 3:40 pm to
I think Apple and Tesla rise after split. Holding Apple
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 8/23/20 at 12:09 pm to
Me too. For sure holding into next week but will likely keep a tight stop loss. Feel like if there is a decline it’s gonna be QUICK
Posted by SoloTiger
Member since Aug 2016
9558 posts
Posted on 8/23/20 at 5:48 pm to
I think Monday Aug. 24th is the date of record if you want to get in pre-split.
Posted by Tigers4life
The great US of A
Member since May 2004
1865 posts
Posted on 8/23/20 at 6:30 pm to
quote:

For sure holding into next week but will likely keep a tight stop loss.


yep...a lot will be learned this week.
Posted by castorinho
13623 posts
Member since Nov 2010
82061 posts
Posted on 8/23/20 at 8:24 pm to
quote:

Me too. For sure holding into next week but will likely keep a tight stop loss. Feel like if there is a decline it’s gonna be QUICK
No need to sell short term. You'll be well ahead in two years.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 8/23/20 at 11:23 pm to
That may be the case but I definitely see a drop near term after things settle with the split. Just gonna keep raising my stop loss with it and lock in as we go up. And be protected from some crazy drop.
Posted by Double Oh
Louisiana
Member since Sep 2008
18033 posts
Posted on 8/24/20 at 2:07 am to
How many shares we talking ?
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2945 posts
Posted on 8/24/20 at 8:19 am to
quote:

I think Apple and Tesla rise after split. Holding Apple


This. You and Berkshire Hathaway. Apple makes up 43% of the holding value of the company.
Posted by igoringa
South Mississippi
Member since Jun 2007
11876 posts
Posted on 8/24/20 at 9:24 am to
I sold half my holdings north of $500. Basis was $200 plus, need to rebalance a little bit anyways. Still a long term bull but this run is a little frothy. P/E ratio of 38 seems a little out of whack.
Posted by tigers1956
baton rouge
Member since Oct 2008
4794 posts
Posted on 8/25/20 at 7:38 am to
I think the election will have a big impact on the stock market...I'm going to wait for the dip
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