Already thereIt will go back up to $2 Trilling once iPhone 12 is announced.
Already thereIt will go back up to $2 Trilling once iPhone 12 is announced.
this is actually very funny and reflects exactly what "valuations" are all about — neurosis.
A while back MR had an article highlighting that the company had reached 2 Trillion bucks - and I simply stated "it's not worth 2 trillion bucks".
That comment got me maybe 10 "disagrees" ... yet here we are today
Hey and look its right back to where it was lol
Can someone explain to me why most of the major tech stocks collapsed yesterday? What caused it?
The stock market actually works? News to me.You do know how stock market works, right? And if you do then why do you say that? And if you don't then why did you get in in the first place?
The stock market actually works? News to me.Seriously, the relationship between how well a company is doing and its stock price is effectively nil these days. Remember the dotcom bubble where people were buying stocks even though in terms of profits the companies were basically loosing their shirts?
As I said, stocks are the only game in town. Double digit losses don’t happen in US equities over the long term, unless you try to be a stock picker...which basically no one can do consistently.Not saying Apple doesn't have strong fundamentals, but never put your eggs in one basket. Stocks are not the only game in town. Sometimes even a less than one percent gain can look great compared to a double-digit negative loss. You never know, all I'm saying is investors need to be prepared for any scenario and not assume they're gonna get a 7% return every single year.
Proof it is overvalued? The market price is the value, agreed upon by everyone who matters.Overvalued stocks fluctuate? Shocking!!!!
Also wise to remember its a global market, as such when other markets have downturns you have a ripple effect.Proof it is overvalued? The market price is the value, agreed upon by everyone who matters.
Stocks fluctuate in general. All of them.
Proof it is overvalued? The market price is the value, agreed upon by everyone who matters.
Stocks fluctuate in general. All of them.
Haha, good one. So short it? Exxon is in a terrible industry with many problems and doesn’t have even close to the management quality of Apple.It is overvalued. The proof will come when the stock price goes down. See Exon Mobile. Once the most valuable company in history.
What will?Nothing lasts forever.. proven fact. One day it will happen. Hopefully, sooner than later.
What will?
So basically something that's basically neither here nor there.The end of Apple. maybe not in my time of life, but in yours possibly. Nothing lasts forever.
So basically something that's basically neither here nor there.
Meh. Expected after the split.
Will likely drop to a little over $100, the realistic evaluation, then start creeping up to about $175 over the course of a year or three. This is an obvious long term hold and safe haven for retirement funds.
Considering a good chunk of the market was sliding, seems like plenty of other things in play.indeed. The run-up was driven by people getting in before the split, so they could sell a portion after. It was inevitable and pretty obvious that it would drop, yet some are attributing the drop to other things. It was clearly overbought. The continued climb after the split were the people trying to buy at the lowered price, not realizing that when interest / demand was satiated, it would momentum-fall, hard. I told some it would happen that way, yet they still added to their positions shortly after the split. FOMO was real. 🤷🏽♂️😩
It's going to go back up as well. There, I said it. Those who bought low will be happy campers.indeed. The run-up was driven by people getting in before the split, so they could sell a portion after. It was inevitable and pretty obvious that it would drop, yet some are attributing the drop to other things. It was clearly overbought. The continued climb after the split were the people trying to buy at the lowered price, not realizing that when interest / demand was satiated, it would momentum-fall, hard. I told some it would happen that way, yet they still added to their positions shortly after the split. FOMO was real. 🤷🏽♂️😩
Considering a good chunk of the market was sliding, seems like plenty of other things in play.
It's going to go back up as well. There, I said it. Those who bought low will be happy campers.
It’s true the market can be irrational.Indeed, but pullback would’ve happened regardless. The climb was overextended, pushed further by the stock split announcement.
Indeed it will. It wasn’t a bad move to add to their positions. However, the same people who are susceptible to FOMO are the ones that panic sell when it drops and exacerbate the fall. A few people in this thread regret buying and don’t have the nerve. Such is the state of a FOMO buyer. It was two stages of unnecessary stress, the fear of not getting in, and the fear of not getting out. People love to see things climb but panic when it falls as if, things can go up in perpetually. Correction is healthy, most don’t get that. I dare say without checking the charts, but it’s possible AAPL was entering dangerous bubble territory. 🤷🏽♂️
It’s true the market can be irrational.