RANT: Dad sold ALL of apple stock

Discussion in 'Community Discussion' started by Simgar988, Feb 29, 2012.

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  1. Simgar988, Feb 29, 2012
    Last edited: Feb 29, 2012
  2. robbieduncan Moderator emeritus

    robbieduncan

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  3. grapes911 Moderator emeritus

    grapes911

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    #3
    Your Dad, his money. I'm not sure if you have a leg to stand on.
     
  4. lewis82 macrumors 68000

    lewis82

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    #4
    Apart from listening to you venting out, what do you expect us to do? His stock, his decisions.
     
  5. maflynn Moderator

    maflynn

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    #5
    Was it his, or did you own it as well?

    I think he went on the old addage, sell on the rumor buy on the news.

    If you owned it for 7 years you made a nice tidy profit so you really shouldn't worry about what might have been.
     
  6. Simgar988, Feb 29, 2012
    Last edited: Feb 29, 2012

    Simgar988 thread starter macrumors 65816

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  7. Peace macrumors Core

    Peace

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    #7
    On any stock there's an owner. Was your name attached to it ?
     
  8. grapes911 Moderator emeritus

    grapes911

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    #8
    I'm confused own how he sold your stock then. :confused:
     
  9. NutsNGum macrumors 68030

    NutsNGum

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    #10
    I'll help you with your rant.

    Step 1: Put kettle on

    Step 2: Sit down

    Step 3: After kettle boils, make tea.

    Step 4: Move on with life. It's sold now, something about spilt milk.
     
  10. Simgar988 thread starter macrumors 65816

    Simgar988

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    #11
    Thank you Nuts. I appreciate the advice and am doing this atm.
     
  11. iStudentUK macrumors 65816

    iStudentUK

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    #12
    Either he sold his own stock and it's his business, or he sold another's stock and (unless he is a professional) probably committed a crime. What on earth is going on?! :confused:
     
  12. Simgar988 thread starter macrumors 65816

    Simgar988

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    #13
    .
     
  13. Rodimus Prime macrumors G4

    Rodimus Prime

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    #14
    well considering the norm it could be a good thing if you play your cards right. Normally after an announcement the product fails to meet the impossible high hype so the stock drops some right afterwards.

    Buy right afterwards then profit on the increase.

    You have to remember Apple stock does have some set patterns to it. After product announcement it normally drops a little.
     
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