I almost sold at $700. All I had to do was click one final button but I changed my mind at the last second.
I did... very glad I did that. But I also bought after it crashed and before it crashed again :/
I almost sold at $700. All I had to do was click one final button but I changed my mind at the last second.
Do you still believe in the company? Think long term.
If yes, this might be a great buying opportunity.
Warren Buffet didn't become a billionaire daytrading
I'm confused. Didn't the stock end the day up? The 10% drop was in after hours trading. How so we know it will end the day tomorrow down 10%? It could be more, but it could be less too. So can we really say they've lost $50B in market cap?
I purchased the stock for about $100 a share. It has been long term.
Do you still believe in the company? Think long term.
If yes, this might be a great buying opportunity.
Warren Buffet didn't become a billionaire daytrading
Nobody said anything about tomorrow's closing price. The thing I've always been confused about is why people can trade while the market is closed. The market might as well be open during after-hours, as I see it.
Apple's 10% stock decline gives it a current market cap of $463.49 and a loss of nearly $50 billion in market capitalization from worried investors. Despite analysts and investors worries of year over year growth, the Wall Street Journal's Tom Gara notes that Apple's losses in market cap today roughly equal the value of two RIMs and two Nokias.
I almost sold at $700. All I had to do was click one final button but I changed my mind at the last second.
I purchased the stock for about $100 a share. It has been long term.
Don't worry, be happy.
Apple didn't lose $50B in market cap on Wednesday. We don't know where it will end at close tomorrow. That's what I'm confused by.
they will badly need disruptive new product or at least leaps and bounds improvements to existing ones. And there are no winds of that for past couple years and counting.
Who calculates market cap based on after hours trading adjusted stock price?As of now, yes, $50 billion.
Tomorrow it will be more or less, on paper.
I'm thinking we'll see a dead cat bounce as
bottom feeders pounce on a preceived buying opportunity.
By "concerns of flat growth" Wall Street means it has lack of faith Tim Cook can successfully launch the next big thing like Jobs could. Cook's tenure so far has been less than steller. In fact, it's almost HP-like.
I lost $2,370 in Apple stock in the last 4 months. Not worth being happy about.
Do you still believe in the company? Think long term.
If yes, this might be a great buying opportunity.
Warren Buffet didn't become a billionaire daytrading
I might buy some again at 350. Might even if it dips 400
Well, you haven't lost anything until you sell. But yeah, the $700 peak seemed pretty obvious at the time. It definitely wasn't going any higher - after all, what new product would have pushed it above? The iPad mini?
Past couple of years? iPhone (2007), MacBook Air (2010), iPad (2010)
Please define "couple" because as far I remember, these disruptive new products only came out a few years ago.
I guess attention spans have become so short nowadays that 2010 seems like an eternity ago.
So nothing's on the horizon that's causing great excitement which mean stocks will either stay where they are or drop more..am I right?
I need to learn more about this stuff.
Maybe he is thinking long term. In less than a year - Apple has lost huge points. It's not going to "skyrocket" overnight. It could very well take a long time to get back to 700. Thinking long term - he could have sold somewhere on the decline and re-bought right around now and taken the long ride back up again.
That's not day trading.
If he's in at $100 - buying now doesn't lower his total cost of ownership. But if he believes the stock will again rise - I agree - buying more "now" could be a great long term plan.