Stock drop = No IPad

Discussion in 'iPad' started by PCClone, May 7, 2010.

  1. PCClone macrumors 6502a

    Joined:
    Feb 26, 2010
    #1
    My plan was to sell my AAPL stock at $300 and buy my iPad. It is dropping like crazy and down to $235. :mad:

    WTF???
     
  2. sushi Moderator emeritus

    sushi

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    キャンプスワ&#
    #2
    Not just Apple stock.

    The whole market is down.
     
  3. GoCubsGo macrumors Nehalem

    GoCubsGo

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    Feb 19, 2005
    #3
    It's been like this for a couple of days, do you read the news?
     
  4. miles01110 macrumors Core

    miles01110

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    Jul 24, 2006
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    The Ivory Tower (I'm not coming down)
    #4
    Basing short-term plans on the performance of the stock market is just asking for disappointment anyways.
     
  5. PCClone thread starter macrumors 6502a

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    Feb 26, 2010
    #5
    Yes, and it has dropped +30 in a week. I don't live in my parent's basement.:)
     
  6. mac jones macrumors 68040

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    Apr 6, 2006
    #6
    Good thing you didn't check your stock in between 2pm and 3pm ET yesterday. ;)
     
  7. PCClone thread starter macrumors 6502a

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    Feb 26, 2010
    #7
    Luckily I was in a meeting from 12 - 5 yesterday. Saved me from crapping myself at the office.
     
  8. GamecockMac macrumors 6502a

    GamecockMac

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    Oct 20, 2005
    Location:
    Columbia, SC
    #8
    Hold your AAPL stock through this holiday season. You won't be sorry. ;)
     
  9. PCClone thread starter macrumors 6502a

    Joined:
    Feb 26, 2010
    #9
    I usually buy high and sell low. Is there an app for that?
     
  10. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #10
    Yes but it is only able to run on the iPad.
     
  11. PCClone thread starter macrumors 6502a

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    Feb 26, 2010
    #11
    Thanks for making me feel worse.
     
  12. antiprotest macrumors 65816

    antiprotest

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    Apr 19, 2010
    #12
    Buy the iPad now. Sell the Apple stock when it gets higher to get the money back.
     
  13. renewed macrumors 68040

    renewed

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    Bemalte Blumen duften nicht.
    #13
    Bad plan.
     
  14. sarcosis macrumors 6502a

    Joined:
    Apr 25, 2006
    Location:
    These United States
    #14
    Hold the stock. Buy the iPad. Apple and the economy will get though this. Selling is what made what happened the other day far worse than it had to be. If you truly want to sell, wait until WWDC. That's when to sell. The Market should get picked up somewhat by then. (Disclaimer: I am not a stock analyst or adviser. These are just personal opinions.)
     
  15. illutionz macrumors 65816

    Joined:
    Oct 2, 2007
    Location:
    Rhode Island
    #15
    Or you can buy iPad and sell it to overseas buyers (I've stopped doing it since last week but it might be still viable).

    Another way is to pray that Portugal and Spain won't be suffering the same fate as Greece. If all 3 debt agency cut Portugal and Spain's bonds to junk, there will be massive panic :eek:
     
  16. illutionz macrumors 65816

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    Oct 2, 2007
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    Rhode Island
    #16
    I had meeting around that time yesterday and once I came back my IM is flooded from my friends :rolleyes:
     
  17. Orange™ macrumors 6502

    Joined:
    Apr 24, 2010
    #17
    This is fantastic news!!!

    Hopefully the stock will fall on Monday also so I can finally invest :D

    I want to be able to buy a mac using apple stock profits.:cool:
     
  18. Dillenger macrumors 6502a

    Dillenger

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    Mar 23, 2006
    Location:
    Central, Illinois
    #18
    Yeah, it's killing me too considering I bought in when it was around $14.00. :)
     
  19. 0101001 macrumors 6502

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    Apr 3, 2010
    #19
    I bought it just under 80.00 was lucky enough to put 100k into it.
     
  20. GamecockMac macrumors 6502a

    GamecockMac

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    Oct 20, 2005
    Location:
    Columbia, SC
    #20
    It's shed nearly $40 off its recent highs, so I wouldn't get greedy and wait too long if I were you.
     
  21. rasputinj macrumors regular

    Joined:
    Sep 25, 2007
    #21
    You should have sold at $270 that is what I did. I would argue that if you have to sell Apple stock at $300 to afford an iPad then you probably can't afford it. Stock market is like gambling you have to know when to cash in.
     
  22. TNSF macrumors member

    Joined:
    Apr 18, 2010
    #22
    Just wait for the stock to hit the bottom of the valley and then buy more.
     
  23. Phantom Gremlin macrumors regular

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    Feb 10, 2010
    Location:
    Tualatin, Oregon
    #23
    And then don't forget to sell at the peak! :)
     
  24. GamecockMac macrumors 6502a

    GamecockMac

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    Oct 20, 2005
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    Columbia, SC
    #24
    Wow...I can see we've got some expert traders in this thread. :rolleyes:
     
  25. TNSF macrumors member

    Joined:
    Apr 18, 2010
    #25
    Its not about being an expert, its about common sense. Which is why I just made a 52% return on Palm stock in just 20 days.
     

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