|May 15, 2013, 01:30 PM||#2|
Is there any question you have? Or is the "toilet" remark just an astute, but badly worded, observation?
Apple stock rises and falls, Apple hardly has influence on it, those stock exchange guys have.
And sadly the profits Apple does make do have not much to do with their stock, as Apple makes a ton of it but is hardly reflected.
|May 15, 2013, 01:48 PM||#3|
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.
|May 17, 2013, 02:02 AM||#4|
To add to smdbill’s excellent commentary, fluctuations like this are often the result of short term buying and selling. Those of us in the buy and hold camp buy when we think price is right and hold until we're ready to sell. I bought some Apple stock recently because I thought it was near a bottom. Maybe I missed the actual bottom by a few dollars but I think it will increase greatly over the next year or two.
15" MBP (late 2011), iPhone 5
iPad Air, ATV3
|May 17, 2013, 10:36 AM||#5|
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