Stock Market

Discussion in 'Current Events' started by AFPoster, Feb 22, 2011.

  1. AFPoster macrumors 65816

    Joined:
    Jul 14, 2008
    Location:
    Charlotte, NC
    #1
    So the US kind of sucks with the stock market. We can't do After Hours trading like other countries can, so if the market is crashing we are screwed. Not to mention the media can tape Jobs walking akwardly out of the cancer place and the stock drops more than 20$. Kind of like insider trading in a way.

    Anyways I am writing to see what people think about the market constantly dropping because of these 3rd world countries fighting over leadership. Thoughts? Anyone lost money if you own Apple stock because of this mess or any other stocks?
     
  2. Rodimus Prime macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #2
    tell you the truth a closing the market is a good thing to prevent crashing. Otherwise it would drop even faster than it does. Market already has rules in place if a stock is dropping to quickly it is shut down and closed for the remainder of the day to protect it from getting out hand and fear taking over.
     
  3. gkarris macrumors 604

    gkarris

    Joined:
    Dec 31, 2004
    Location:
    "No escape from Reality..."
  4. Biff... macrumors 6502a

    Biff...

    Joined:
    Jun 16, 2010
    Location:
    Sherman Oaks, CA.
    #4
    Good time to buy in my book. Apple stock in particular, especially because of all the release events in the pipe line this year.
     
  5. AFPoster thread starter macrumors 65816

    Joined:
    Jul 14, 2008
    Location:
    Charlotte, NC
    #5
    Only downside is though if it's not a dramatic drop they close as normally and other countries can keep bringing it down. It close friday at $353 and opened Monday at $341. To me this can hurt a lot of people if they wanted to sell at a certain point, or buy at a certain point.
     
  6. Phayz, Feb 23, 2011
    Last edited: Feb 23, 2011

    Phayz macrumors member

    Joined:
    Jul 9, 2010
    #6
    Bear in mind that markets operate on speculation as well - Jobs in good health, positive expected growth and speculation on future innovations and sales drives share prices.

    Thus when one of these factors changes so does the expected projections (although this may not occur). If the stock market is wrong it will re-adjust again.

    Personally, I'm glad many countries don't do after-hours trading. Remember, traders should have a life too! :)
     
  7. cantthinkofone macrumors 65816

    cantthinkofone

    Joined:
    Jul 25, 2004
    Location:
    Missouri, USA
    #7
    [​IMG]
    Sorry I couldn't help it.


    I have been watching the price of Apple stocks and they are down $20 from last week when I almost bought a single share. Glad I didn't though. If I get this job today or tomorrow I think I will buy one or two shares while it's sagging.
     
  8. GFLPraxis macrumors 604

    GFLPraxis

    Joined:
    Mar 17, 2004
    #8
    This.

    Except Apple stock seems like a terrible time to buy, with Steve Jobs' current health issues.
     
  9. notjustjay macrumors 603

    notjustjay

    Joined:
    Sep 19, 2003
    Location:
    Canada, eh?
    #9
    Wait, you're concerned about the stock price dropping over a single day because you want to buy one share?
     
  10. garybUK Guest

    garybUK

    Joined:
    Jun 3, 2002
    #10
    Best time to buy shares of Apple would be when Jobs peg's it, no doubt when he's brown bread the value of the company will take a massive hit as Apple has been, publicly, very reluctant to divulge a succession plan.
     
  11. GFLPraxis macrumors 604

    GFLPraxis

    Joined:
    Mar 17, 2004
    #11
    I'm thinking of buying some stock in nuclear.
     

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