I know it's not rare for other stocks but the past 2 days Apple's stock has been diving. Not worried, just weird.
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Apple stock diving
- Thread starter adamb100
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It seems like this always happens after they report earnings. The smart ones short a bunch of shares the day beforeadamb100 said:
EricNau said:
About 12-24 months ago.
Honestly though, if it goes down to the $72-$75 range, I may finally decide to invest my petty savings (I'm still in college) in some Apple stock and let it sit there for about 10 years or so during the upcoming revolution, which will not be televised BTW.
When the moon is in the seventh house, and Jupiter aligns with Mars.EricNau said:
Generally, buy when it is down, if it is going to go up.
Sell when it is up and going to go down.
If you can accurately predict the "going to's", then you will be a rich Eric.
One truism is that the market goes up on rumor and down on hard news (subscribing to the theory that people will over estimate the effect of the rumor and artificially bid the price up, even if the news turns out to be 100% the same.)
I just thought with the whole intel switch Apple's market share might go up over the next few years. Therefore their stock would go up also?
EricNau said:I just thought with the whole intel switch Apple's market share might go up over the next few years. Therefore their stock would go up also?
Time to buy intel then. INTC .... tanked last two days, good opportunity to buy?
Stocks go up, stocks go down. If it were completely rational there would be plenty of rich Eric's.EricNau said:I just thought with the whole intel switch Apple's market share might go up over the next few years. Therefore their stock would go up also?
A two day dive after earnings doesn't mean the stock won't go up over the next few years. A deep enough dip could just be the buying opportunity you were looking for.
That said, AAPL is definitely highly valued, probably even overvalued, so there is a definite risk that this could be a peak and it'll never be this high again. Investing in individual stocks is always a riskier business than investing in the overall market.
B
The best time to buy is when everyone hates the stock. The best time to sell is when everyone loves the stock. (Assuming, that the underlying company is still worthy - do your homework).
