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View Full Version : Apple shares fall 4 pct after analyst cuts rating


MacBytes
Dec 4, 2004, 02:25 PM
Category: News and Press Releases
Link: Apple shares fall 4 pct after analyst cuts rating (http://www.macbytes.com/link.php?sid=20041204152543)
Posted on MacBytes.com (http://www.macbytes.com)

Approved by Mudbug

wrldwzrd89
Dec 4, 2004, 04:10 PM
This was bound to happen eventually - I say better now than later to avoid a sharper drop in the stock price sometime in the future. Personally, I don't think Apple (AAPL) shares are a good buy right now, like the analyst says.

rikers_mailbox
Dec 4, 2004, 05:18 PM
I think there are alot of people taking some profits right now. . . I do expect, however, that the stock with inflate again around the 1Q earnings report (depending of course on how well the Holiday season selling is going).

If you're up ~200%, why wouldn't you sell?!

shamino
Dec 5, 2004, 11:26 AM
Of course take profits now!

You don't have to sell it all, of course. I sold 50% of my Apple shares when the price was up 100% from when I bought it. This effectively takes my principal out of the market, and everything left is profit, no matter what happens to the price.

asif786
Dec 5, 2004, 11:45 AM
I think Apple stock is extremely delicate at the moment - It'll be an anxious christmas for Apple, let's hope they get through it ok .. :)

/asif

Savage Henry
Dec 5, 2004, 01:02 PM
I think Apple stock is extremely delicate at the moment - It'll be an anxious christmas for Apple, let's hope they get through it ok .. :)

/asif
I was in a John Lewis earlier today and the biggest queue at a single product counter was the one surrounding the iPods .... and there was evidence of the well documented Halo Effect with people surrounding the line of Mac computers .... so I think the Christmas for Apple will be sweet.