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To BUY or NOT AAPL stock?

Reason for $2 drop?

So did the price go down over $2 today because of disappointment in what was announced, or for another reason? Unfortunately my Dad did decide to buy some stock, but I'm not sure at what price he purchased it at, I think $70-71. I still believe it will rise up, but it may take a little longer.


Dang this stock market game.
 
WildCowboy said:
Historically, the S&P 500 returns about 10% per year. ....
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people should be aware that this is a broad average and doesnt necessarily mean any given individual stock will behave in the same manner.......individual stocks will go up or down or stagnate regardless of what the rest of the market is doing
 
buffalo said:
So did the price go down over $2 today because of disappointment in what was announced, or for another reason? Unfortunately my Dad did decide to buy some stock, but I'm not sure at what price he purchased it at, I think $70-71. I still believe it will rise up, but it may take a little longer.


Dang this stock market game.
Click to expand...

Oh yeah...look what happened around 1:40 EST / 10:40 PST as people realized that the event was wrapping up. Investors were not impressed.
 

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Macky-Mac said:
people should be aware that this is a broad average and doesnt necessarily mean any given individual stock will behave in the same manner.......individual stocks will go up or down or stagnate regardless of what the rest of the market is doing
Click to expand...

Sure...this why you should diversify your portfolio. Index funds that track broad measures like the S&P are a great way to do this.
 
topicolo said:
Yes it is. I think you misunderstand the term. Moneycentral section on Apple Insider Trading. Anyone inside of Apple selling AAPL stock would be insider trading.
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There is legal insider trading, as demonstrated in your link. Someone with non-public information on their company is an insider with respect to that company. If they buy or sell the stock of their company, they're trading. That makes it insider trading by definition. This is perfectly legal when certain rules are followed, most importantly by including advance notification of the transaction. They can't just buy or sell on a whim...they have to declare their intent (including the number of shares) well ahead of time.

And then there is Martha Stewart-style insider trading, which is illegal. She got non-public information from an insider and sold her ImClone stock based on that information (or at least she was found guilty of that). She clearly had an advantage over the average investor due to her connections, making her trades illegal.

Here's a nice link explaining things.
 
before this year, and all the talk about the popping of the real estate bubble and the many stocks and bonds that may follow, i would have said it's safer and more profitable to have a DIVERSIFIED portfolio of stocks and bonds and real estate, etc

but from now on, the person who stuffs cash in banks, safety deposit boxes, precious metals, and mattresses are going to probably do better off in the next decade, or more, than the stock and bonds and real estate crowd

i made my mistake going for for a short term killing...while i was an mba student, like many mba students, and i dropped out, helped found a silicon valley dot.com, and thought the traditional path of education and slow advancement was over...kids out of high school were becoming rich, but only for a few years...it all blew up and former millionaires went back to work in their cubicles

during the gold rush here in california, levi strauss banked on the long term and smaller profit, initially, and sold jeans to the miners who were making a killing for a short time on the gold...when the gold dried up, levi's was already established and moved on beyond clothes for just gold miners

all forms of investment and savings have their season and EVERYTHING is cyclical, whether it's several times a year or a long half century cycle like american real estate
 
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