AAPL is killin me!

Discussion in 'iMac' started by Trout74, Aug 16, 2007.

  1. macrumors 6502

    Joined:
    Feb 3, 2005
    #1
    Man, AAPL stock is taking a beating. Couple weeks back I almost pulled the trigger and sold at 140, then it went to 146 and I was happy I didnt. Then is started to slowly slide and now man im hurting, I think I will just quit watching it for a few weeks and see what happens.

    Trout
     
  2. macrumors 6502a

    Joined:
    Aug 15, 2007
    #2
    Yeah I feel your pain, I been watching that thing like crazy and its plummeting. But the whole market is so its no surprise to me.
     
  3. macrumors 68000

    bc008

    Joined:
    Aug 6, 2007
    Location:
    Michigan
    #3
    i know! i got 2 shares of apple for my 14th birthday, and its already at 114.86, i thought with the new imacs it would go up!
     
  4. macrumors regular

    Joined:
    Mar 12, 2007
    #4
    i own 16 shares of AAPL and i bought it when it was at 126 a share:mad:
     
  5. macrumors 68030

    FF_productions

    Joined:
    Apr 16, 2005
    Location:
    Mt. Prospect, Illinois
    #5
    In the last couple of weeks the stock has just plummeted.

    I was sitting here thinking the stock was going to go higher than 150.

    After the iPhone got released, the stock went downhill from there.
     
  6. thread starter macrumors 6502

    Joined:
    Feb 3, 2005
    #6

    you and I are in the same boat, i bought right about there.
     
  7. zen
    macrumors 65816

    Joined:
    Jun 26, 2003
  8. macrumors 6502a

    kwood

    Joined:
    Jun 26, 2006
    Location:
    In the Great White North.
    #8
    I'm not religiously following the market, but I have heard a lot on the news that the stock market in general is seeing a downward trend. A lot of countries and banks are fuelling billions of dollars into the economy to see if they can curve the negative trend.
     
  9. macrumors 65816

    Joined:
    Feb 22, 2007
    Location:
    Southampton UK
    #9
    Seems like ALL stock has taken a bit of a dive in recent weeks.

    We've all 'lost' money, so you're as rich/poor as the next guy.
     
  10. macrumors 6502

    Joined:
    May 16, 2006
    Location:
    Montreal, QC
    #10
    I got rid of AAPL when they said Leopard was only coming out in October.

    Plus the world markets now are having a hard time, soon going too be time to buy again.
     
  11. macrumors 65816

    macenforcer

    Joined:
    Jun 9, 2004
    Location:
    Colorado
    #11
    Yeah this really sucks. I should have sold at $140 but I didn't. It will come back up. I bought 2,000 shares at $15 a share back in 1990s. Think of how much I lost today. :mad:
     
  12. macrumors regular

    Joined:
    Jan 6, 2007
    Location:
    Manchester, UK
    #12
    If you own stock, and want to offload it, I'd suggest waiting until MWSF - traditionally you see big jumps around then - plus the iPhone will be on sale prior to that (Europe being a typically more advanced mobile market), so I would expect to see it top 150/160 around then.
     
  13. macrumors 6502a

    kwood

    Joined:
    Jun 26, 2006
    Location:
    In the Great White North.
    #13
    But think of how much you have gained since 1990. ;) Just think it's not as bas as the 1930's. I wouldn't consider the windows of a tall building yet.
     
  14. macrumors regular

    Joined:
    Jan 6, 2007
    Location:
    Manchester, UK
    #14
    I'm struggling to get beyond thinking of how much you've actually gained since then :eek:
     
  15. thread starter macrumors 6502

    Joined:
    Feb 3, 2005
    #15
    yes, you have done real well! im jealous

    Trout
     
  16. macrumors 65816

    macenforcer

    Joined:
    Jun 9, 2004
    Location:
    Colorado
    #16
    Its alot. Retirement fund. I refuse to sell.
     
  17. macrumors regular

    Joined:
    Mar 29, 2007
    #17
    WOOOOOOSH!

    I can see that YOUR sarcasm detector is working just PERFECTLY! :D
     
  18. macrumors regular

    Joined:
    Jan 6, 2007
    Location:
    Manchester, UK
    #18
    Well, I have to say well done on keeping hold of them as long as you have. Many would have sold up a long time ago (either shortly before or shortly after the return of Jobs). Patience pays off ;)
     
  19. macrumors 68030

    FF_productions

    Joined:
    Apr 16, 2005
    Location:
    Mt. Prospect, Illinois
    #19
    I just did some calculations and :eek::eek::eek::eek::eek::eek:
     
  20. macrumors 65816

    macenforcer

    Joined:
    Jun 9, 2004
    Location:
    Colorado
    #20
    Yeah, those splits really helped out getting it up there. I thought we were due for another split soon.
     
  21. macrumors 6502a

    SuperCompu2

    Joined:
    Jul 23, 2006
    Location:
    MA
    #21
    I think everyone did...lol

    simply amazing
     
  22. Moderator

    OllyW

    Staff Member

    Joined:
    Oct 11, 2005
    Location:
    The Black Country, England
    #22
    That's the problem with the stock market, you are only gambling on confidence.

    It doesn't matter how well the company you have invested in is doing, if the market panics then everyone takes a hit.
     
  23. macrumors regular

    Joined:
    Jun 7, 2007
    #23
    I think the stock still is overpriced and would wait till its around $100 again, which will be next week if we keep on going down like this ;)
     
  24. macrumors P6

    IJ Reilly

    Joined:
    Jul 16, 2002
    Location:
    Palookaville
    #24
    Welcome to the stock market. I wonder what happened to the guy who just a few weeks was bragging about about how much AAPL he'd bought on margin and how rich it was going to make him.
     
  25. macrumors 65816

    macenforcer

    Joined:
    Jun 9, 2004
    Location:
    Colorado
    #25
    The key to tech stocks is investing in a company you feel will be around by the time you are ready to sell. I plan on selling when I retire. You buy and forget about it. In 1999 I bought a huge amount of tech stocks and one month later they all doubled and I sold. Wish I didn't. Although I made a bunch of money that month, I would have made much much more if I never sold them. I kept apple and a few others on priciple. Best decision I ever made.
     

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