Does this thread also involve when to buy and sell apple stock?
-2% yesterday
-4.05% togay
Apple in the toilet.
The key to stocks has nothing to do with such minimal rises or drops in price. "The toilet" is not defined by a 6% cumulative drop in value. If Apple is a company whose future prospects you have strong faith in, the price drop means the stock is on sale for 6% off in the last 2 days. The last couple months have been outstanding times to buy. Price drops in stock value for strong companies are nothing more than buy opportunities for long-term holds unless something economically or otherwise changes that may make holding the stocks a bad idea (large lawsuits, poor products introduced, large financial losses, etc.).
Every time the market takes a nose dive is an excellent time to buy. People see the market topping out above 15,000 and all of a sudden want to get in on the ride. That's probably the worst time to ever buy stocks unless one you are particularly interested in is selling for a perceived value.
If someone told me my favorite stock dropped a good percentage and their future looked bright, I'd be all over buying its stock. "In the toilet" for Google, Apple, Exxon Mobile, AT&T, Verizon, etc. would be good timing for buying in, not running in fear. Conversely, if the price drop were on a shaky company with poor financials and little future outlook for growth and value, that's when you worry and get out if the future looks really weak long-term.