Apple shares pop more than 9-percent

Discussion in 'MacBytes.com News Discussion' started by MacBytes, Oct 13, 2005.

  1. macrumors bot

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  2. macrumors G3

    iMeowbot

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    #2
    It's more like 4 or 5 per cent once the one-day dip after the quarterly call is ignored. It will take a few days for the freaks to settle down and the price to regain a vaguely normal pattern.
     
  3. Moderator emeritus

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    #3
    It went down about 10 % and up about 9 %.
     
  4. macrumors G3

    iMeowbot

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    #4
    Last week it was hovering at about 51, and at close yesterday it was flirting with 54, so that's around 5%.
     
  5. macrumors 604

    Lacero

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    Jan 20, 2005
    #5
    This goes to show it's always a good idea to hold onto stocks for the long-term. Those who dumped their shares yesterday are kicking themselves now.
     
  6. macrumors P6

    IJ Reilly

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    #6
    If it was only that easy. I've got a few stocks that will never come back to where they were only five years ago. After that experience, nobody can tell me buy and hold is always a good investment strategy. In fact if I'd really been smart (or lucky at least) I'd have sold all my AAPL in mid-2000 and bought it back when it was in the dumper for the next three years at $0.20 on the dollar.
     
  7. macrumors G3

    iMeowbot

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    #7
    Or they sold early in the dip and bought up even more shares before they started climbing back up :D
     
  8. Moderator emeritus

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    #8
    However, they could have sold high at the start of the decline and bought low after it was all finished.

    Okay, iMeowbot...you got there first. GMTA. :D
     
  9. macrumors 6502

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    #9
    Geez....

    When Apple stock was at $13.00 / share about 4 years ago, I was telling everybody to buy.. but nobody listens to me. I keep telling my boss to buy Apple stock now as part of her Investment club but she doesnt do it.. even though I keep saying "guess what Apple did today?" and the stock keeps going up. Its back up around $54 now.. with still a decent amount of trading going on so.. who knows ..
     
  10. macrumors P6

    IJ Reilly

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    #10
    Second, actually.
     
  11. Moderator emeritus

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  12. macrumors 603

    solvs

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    #12
    And that's actually after the split. No one listened to me either. "I'm telling you, this iPod thing is going to be huge. And there's rumors of an iTunes Music Store". :rolleyes: Serves 'em right, Mac bashers.
     

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