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Apple stock free-fall!
- Thread starter roland.g
- Start date
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I have this view of the situation.
http://www.appleinsider.com/article...k_drop_seen_as_latest_buying_opportunity.html
No one ever said that the stock market behaves the way you think it should. It will go back up unless Apple really does something to screw up.
Appleinsider said:
http://www.appleinsider.com/article...k_drop_seen_as_latest_buying_opportunity.html
No one ever said that the stock market behaves the way you think it should. It will go back up unless Apple really does something to screw up.
Theres a threat of recession right? Stocks will inevitably go down as people sell their shares at the higher rate before the recession kicks in when stock values will definitely fall. The more that sell the more the price goes down.
I'm not a stock guru by a long shot but I think now and in the immediate future would be a good time to buy Apple stock. It may initially continue to fall but with the way Apple is performing at the moment confidence will remain and the value will inevitably rise.
Just wish I had some money and knew how to go about buying shares.
EDIT: Actually WTF am I talking about? Now is a good time to sell. Buy when the recession hits! Damn I'm a frickin idiot. Thats why its going down because people are selling.
I'm not a stock guru by a long shot but I think now and in the immediate future would be a good time to buy Apple stock. It may initially continue to fall but with the way Apple is performing at the moment confidence will remain and the value will inevitably rise.
Just wish I had some money and knew how to go about buying shares.
EDIT: Actually WTF am I talking about? Now is a good time to sell. Buy when the recession hits! Damn I'm a frickin idiot. Thats why its going down because people are selling.
i was so dumb not having sold when it was at 200. was too optimistic about the macworld and never could've thought the entire market would fail so quickly.
anybody know if i should wait out, let me know if there's any hope of aapl getting back up again.
anybody know if i should wait out, let me know if there's any hope of aapl getting back up again.
No surprise that Apple stock is falling, falling and falling as Apple is seen as a consumer goods maker. Consumption sectors in US and Europe aren't really a big hit at the stock exchange for the moment
Maybe (and hopefully) this downturn makes SJ think of investing more in Apple's Pro lines.
(Still waiting for MBP & Aperture updates )
Maybe (and hopefully) this downturn makes SJ think of investing more in Apple's Pro lines.
(Still waiting for MBP & Aperture updates
)
Recently, stock markets around the world are all exhibiting the same downward trend. Some might think it's the "R" word.
Lol, that's funny
Poor Steve... Then again, it's not like he'll miss it.
Also, it's an impetus to not stop making cool products.
My retroball tells me I'm an idiot for selling all the shares that I bought at $12 when the stock was at $60 before the first split. It's all I hear in the quiet times...
idiot idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit idiot idiot idoit......
Hey, that's a 400% gain... Not bad going. But yeah, you have a point. We could all use a retroball.
Almost everyone is taking a beating right now....But Steve Jobs might be out of comission for a couple days to get over the hang over he is creating today!
This is a phenomenal buying opportunity. This is when you really make your money, when the masses run the opposite direction. The price apple is at now is what it should be if earnings were stable. But they're not. They're on a quickly expanding trajectory. They just released a groundbreaking new laptop, and will be at the forefront with multitouch trackpads the way they were with iPods. They have an enormous reservoir of untapped market share. They have no debt and oodles of cash.
Yes, the stock could go down more tomorrow, and the next day, and the next week. But over the next 3-5 years - which is the perspective you should have - it'll probably double from current levels. It does take a strong stomach to buy now, but you'll be rewarded if you hang on. $25 cheaper than yesterday! That's a sale, baby. They may even buy back some of their own shares. If I had a buck to spare, i'd be buying right now. Unfortunately it's already invested, have to wait for the next paycheck to put in s'more.
Yes, the stock could go down more tomorrow, and the next day, and the next week. But over the next 3-5 years - which is the perspective you should have - it'll probably double from current levels. It does take a strong stomach to buy now, but you'll be rewarded if you hang on. $25 cheaper than yesterday! That's a sale, baby. They may even buy back some of their own shares. If I had a buck to spare, i'd be buying right now. Unfortunately it's already invested, have to wait for the next paycheck to put in s'more.
You would have to be an idiot to buy right now. Maybe in a few weeks but not today. Its falling too fast.
I think Apple is a victim of the broader economic climate. I don't think there is anything particularly wrong with Apple as a company. With the housing and credit problems in the United States being expected to cause a decline in consumer spending, Apple's revenue is expected to grow at a slower pace. Apple is a growth stock and much of the price on any given day reflects the market's confidence in Apple's prospects for future growth. Given the state of the economy, these prospect are not as bright now as they might have been.