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AAPL Skyrockets

Chaszmyr

Chaszmyr

macrumors 601
Original poster
After the excellent results Apple released during the conference call yesterday I expected their stock price to rise, but this is just crazy. Right now Apple's stock is $44.90, which is +$5.15 (12.96%) since yesterday.

Before seeing these results, I expected Apple's stock to continue going up fueled by strong iPod sales during the Christmas season. But at this price, can Apple's stock keep going up?
 
Nah..we're about to see a lot of profit taking which will decrease the rise somewhat. But between now and Jan, I think the price will continue a slow steady rise as investors start to realize the stock isn't overvalued, and still has room to grow.
 
Damn, that's just nuts - I was figuring it would go down after last nights run...but I'm not complaining, my shares I bought last year are more than double in price 😀

D
 
There will probably be a slight pullback do to profit taking and support/resistance testing. The stock price has gone up $14 in the last two months without any major declines. There should be a correction in the next month or so and then it will start going up again.
 
I wanted to buy it when it was at 14 a while ago, but never got to it. imagine how pissed I am right now
 
Yup, so did I. I also wanted to buy Dell a few years back when it was under 20 dollars. No matter, the Apple I bought a few weeks ago has already gone up 25% 😀
 
life long apple user, couldnt bring myself to spring for stock when it was going for 13.50. if i could physically, I would be kicking myself in the genetalia.

44.98 right now.
......
 
runplaysleeprun said:
life long apple user, couldnt bring myself to spring for stock when it was going for 13.50. if i could physically, I would be kicking myself in the genetalia.

44.98 right now.
......
Click to expand...

Well I bought then and have 50 Shares of Comman Stock... It was well worth it I gusse 🙄 ...
 
Closed Monday at $47.75, up $2.25 on very heavy trading. No obvious news driving the price today.

Most of my shares are at a basis of around $9.00, split-adjusted. I've ridden it up $60.00, then to $13.00, now.... back to within hailing distance of $50.00. Yee-haw!
 
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