Apple Stock Sinks Despite Robust Profits

[MacBytes]

http://www.macbytes.com/images/bytessig.gif (http://www.macbytes.com)

Category: 3rd Party Hardware
Link: Apple Stock Sinks Despite Robust Profits (http://www.macbytes.com/link.php?sid=20050414175356)

Posted on MacBytes.com (http://www.macbytes.com)
Approved by Mudbug

[Hoef]

Yes and it sucks! Lost $200 today....

[Chrispy]

Yeah that news does suck. I lost about $130 because of it. I honestly think the earnings were just so high that investors are afraid of the fall that many are convinced will come. If Apple can't get out a newer powerbook line and 3GHz CPUs soon their earnings will start to reflect consumer dissapointment. However, Apple is more than likely not going to be suffering any huge losses... not with Longhorn looking as it does right now.

[Peyote]

Self fulfilling prohpecy...people are afraid the stock is heading down, hear that it is down a litte, sell, and others see the trend and follow suit.

Not enough faith in a company these days.

[ajkst1]

This always happens. Apple does well, and people dump and run. Jim Cramer (CNBC Analyst) says hold on Apple. Apple has been just a hair inflated, but have consistently had the earnings reports to back it up. People are starting to take what they get and run with it. If Apple gets back up to $40 again, watch a lot of people dump that stock.

[Lacero]

What kind of investors are you people? Worrying about the daily stock prices and trying to predict selling and buying is not investing, it's gambling. Ok my rant is over. If you believe in Apple and the trustworthiness of its directors, then the daily stock price is of little consequence. Look long term people!

[Peyote]

What kind of investors are you people? Worrying about the daily stock prices and trying to predict selling and buying is not investing, it's gambling. Ok my rant is over. If you believe in Apple and the trustworthiness of its directors, then the daily stock price is of little consequence. Look long term people!

Who are you referring to?

[MacSA]

stock markets are driven by mass hysteria......

[mj_1903]

Personally I am going to take this opportunity to buy more stock.

And for people saying "I lost $X today", no you didn't, you had never gained that money anyway. If you had sold the stock, sure, but then you would never have lost it.

[SeaFox]

Does anyone else find the stock market to be incredibly illogical?

[msconvert]

Does anyone else find the stock market to be incredibly illogical?

If the stock market were logical, we'd all be millionaires!!! The stock market is 'alive'. As soon, as you 'find the rules to the market' then the market changes itself so your rules don't work. They can be used for short term gains, but there is no formula, there is no equation, there is no logic to the market. The 'rules' fail, because they forget to include human 'gut' feelings and those are what changed from day to day. It is all about perception, and the fickleness of human mind.

[Hoef]

And for people saying "I lost $X today", no you didn't, you had never gained that money anyway. If you had sold the stock, sure, but then you would never have lost it.

Ahhh maybe I should find another stock performance measurement then. Good for all those people who never lost money when the market tanked in 2001/2002.

[Peyote]

Personally I am going to take this opportunity to buy more stock.

And for people saying "I lost $X today", no you didn't, you had never gained that money anyway. If you had sold the stock, sure, but then you would never have lost it.


If that's true, then as soon as apple goes up after you buy some, then you won't mind sending me the gains, since you didn't gain anything.

[msconvert]

Ahhh maybe I should find another stock performance measurement then. Good for all those people who never lost money when the market tanked in 2001/2002.

I think the point is, you have to sell your stock to win or loose money. Other wise it is just paper and the only money that you have really lost is the money used to buy the paper. But you knew that already. They gave the 'casino the money and got plastic chips' the day they bought the stock, not they day they cashed them in. Unfortunately, many in 2001 gave their chips to the wrong companies to play with so when they cashed out they were worth less than the plastic.

I think the problem with the stock market that so many people don't understand that at every transaction the seller thinks that the value is going to go down and buyer thinks it is going to go up. Both have completely diametric views of the same piece of paper. That is the catch and that is gambling.