It's a bubble no doubt, but I think Nvidia is the biggest bubble right now at this moment.
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Apple's Share Price Soars Past the $500 Mark
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It's a bubble no doubt, but I think Nvidia is the biggest bubble right now at this moment.
Lol. Of course. I was wondering what will happen after the split. Lets say $500 a share becomes $125 a share. But the same valuation. Some say the run up the last week is inflated excitement and that the $125 price will probably pull back to $100 or 90s. Others say it will keep going up after the split. I think I will wait and hope for a pullback. Then buy. I could be wrong.
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Yes as of the close of business today shareholders of record will receive the 4:1 split shares.
Apple is a very well run company, and deserves its high share price. Apple has also bought back an almost mind-boggling amount of shares, the total now approaching $1T. It is not just Apple, there are extreme incentives at the C-Level for share buy backs to achieve higher near-term EPS that drive extreme performance bonuses. Is the current level of share buy backs good for the long-term health of businesses ?? Might Apple have "thought different" and discovered something completely new and transformational to the world if they had invested hundreds of billions into R&D rather than share buy backs ?? Anyway, we will never know, and there are some very, very rich folks now. Sample analysis:
The pickup in Apple’s buyback pace in FY2018 and FY2019 was due to U.S. tax reform and Apple utilizing cash that had been in non-U.S. subsidiaries. Last year, Apple spent $55 billion buying back 283 million shares (at an $194 average price) in open market transactions. Adding this total to $12B of accelerated share repurchases, Apple spent a total of $67 billion on share buyback. To put that total in perspective, it’s more than the market capitalization of 85% of the companies in the S&P 500.
The pickup in Apple’s buyback pace in FY2018 and FY2019 was due to U.S. tax reform and Apple utilizing cash that had been in non-U.S. subsidiaries. Last year, Apple spent $55 billion buying back 283 million shares (at an $194 average price) in open market transactions. Adding this total to $12B of accelerated share repurchases, Apple spent a total of $67 billion on share buyback. To put that total in perspective, it’s more than the market capitalization of 85% of the companies in the S&P 500.
Not at all. Anyone can open a Robinhood account and buy fractional shares. This means you can invest any amount of money into a stock even if you don't have enough to buy an entire share.
Yeah and some people missed it at $13 on the way up a long long time ago. That's life lol.
I do tend to be a buy and hold type. Still, as long as one's not playing with the grocery money, and not deluded by the idea that one can actually time market tops and bottoms, there's always rational room for realizing some gains along the way (especially if they're not taxable) and absolutely room for refraining from buying into a frothy market as well. And if one's working with mostly gravy, it becomes easier to remain a buy and hold investor during the rollercoaster rides, and also easier not to try to time sales or purchases to perceptions of tipping points in market trends.
Also, YMMV but no sane investor wants to sit on a cash pile forever even in a frothy market. So there are things one can do with cash reserves besides reinvestment. I have helped put kin through school and left myself what have for a dip into material goods now and then, e.g., buying actual AAPL products... like the laptop on which I'm typing this note.
And on that score, having been an Apple gear fan since the 80s, to other AAPL investors I will just say "You're welcome." 😉
you can go through a brokerage that offers fractional shares, making a stock split this month or ever in the future a moot point. have $200 but not $500 to buy a share - you can still invest.
Buying Tesla and Apple alone people are going to make millions in the next few weeks.
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This is why fraction shares exist.
You absolutely buy now. People that previously felt Apple was too expensive will join the market. There are very few stocks that are no brainer buys, and this is one.
same boat. I bought 2 whole shares in the $320 range. looking to buy my first Caribbean island...I was fortunate enough to buy near bottom (just over 1 share) and then a few more shares in the sub-$300 range. So I'm pretty much ready to retire now on my hundreds of dollars of unrealized gains.
The split happens on Monday August 31st for all shareholders of record on August 24, which is today (as of writing). So buy now, right now, if you want to be part of this 4-1 split.
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The $125 makes it easier for small investors to buy. After the split, the volume should increase and so will the price.
I was thinking end of the week for Splits, but for people who already have shares it splits today--Hmmm, What are the thoughts of when to buy more, before or after the split and why?
Well looking around I found the answer!
Buying shares on or after the Record Date of August 24 but before the August 31 Ex Date will be charged at the pre-split price, and would also be eligible to gain the extra shares from the stock split. While it may seem that you have to buy shares before the end of business on Monday to quality, Apple's FAQ advises that it's more a case of owning shares before the Ex Date, with the only difference being flexibility in how much the share costs.
Well looking around I found the answer!
Buying shares on or after the Record Date of August 24 but before the August 31 Ex Date will be charged at the pre-split price, and would also be eligible to gain the extra shares from the stock split. While it may seem that you have to buy shares before the end of business on Monday to quality, Apple's FAQ advises that it's more a case of owning shares before the Ex Date, with the only difference being flexibility in how much the share costs.
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What a "trollish" thing to say. What goes up must come down? Duh? Of course there will be a correction as people take money off the table.
It worked for me. I started buying in 2005. Retired as a 55 year old a year ago. Now super comfy retirement with the crazy increase this past year.
How is life, living over your parent's garage? Its not a bubble if you have earnings and trade at a respectable ratio. Apple does.
Who will be this year's Mark Cuban ?
Someone who is able to capitalize way-beyond what might occur in "Normal Times".
IMO, AAPL is trading 40% above its true market cap value.
Alittle over a year ago (early-Aug 2019), it was trading under $193/share !
Up $307+/share in alittle over a year !
I'm NOT saying it's going to go down anytime soon.
What I am saying is that I do think there "will be" new Mark Cubans this time around !
To my knowledge, that has NOT happened since Mark Cuban capitalized !
Someone who is able to capitalize way-beyond what might occur in "Normal Times".
IMO, AAPL is trading 40% above its true market cap value.
Alittle over a year ago (early-Aug 2019), it was trading under $193/share !
Up $307+/share in alittle over a year !
I'm NOT saying it's going to go down anytime soon.
What I am saying is that I do think there "will be" new Mark Cubans this time around !
To my knowledge, that has NOT happened since Mark Cuban capitalized !