What will AAPL do tomorrow????

[Dmac77]

So I bought into AAPL back when it was around $265. And over the past few weeks it's been up almost 20 points, and today alone it's up over 6 points. So here's my question, how likely is it that it will come crashing down and lose a large portion of it's gains over the past few weeks if it turns out that the Verizon press conference tomorrow has absolutely nothing to do with the iPhone? I'm wondering if I should just liquidate some of my AAPL holdings and take profits tonight and before the conference tomorrow.

On the other hand if the conference tomorrow really is about a Verizon iPhone, both AAPL and VZ will most likely have sizable gains tomorrow. Maybe I should just place a stop loss on it tonight...

I have no idea what I should do about this. So what are you other AAPL stockholders planning on doing?

-Don

 

[noisycats]

So I bought into AAPL back when it was around $265. And over the past few weeks it's been up almost 20 points, and today alone it's up over 6 points. So here's my question, how likely is it that it will come crashing down and lose a large portion of it's gains over the past few weeks if it turns out that the Verizon press conference tomorrow has absolutely nothing to do with the iPhone? I'm wondering if I should just liquidate some of my AAPL holdings and take profits tonight and before the conference tomorrow.

On the other hand if the conference tomorrow really is about a Verizon iPhone, both AAPL and VZ will most likely have sizable gains tomorrow. Maybe I should just place a stop loss on it tonight...

I have no idea what I should do about this. So what are you other AAPL stockholders planning on doing?

-Don

Sitting tight. I don't chase stocks for the short term.

 

[zorinlynx]

Sitting tight. I don't chase stocks for the short term.

Likewise. If you invest short term you will die of a stomach ulcer before your time.

- Don't invest what you can't afford to lose.

- Leave emotions out of investing.

- Go long. Long term you will nearly always win.

- Diversify.

 

[rdowns]

Long since September 2002. Verizon sales are already priced into the stock. If there is no VZW phone tomorrow, it will drop. We then have the usual run up of the stock for earnings and the sell off after. Of course, being AAPL, anything can happen.

 

[Dmac77]

Long since September 2002. Verizon sales are already priced into the stock. If there is no VZW phone tomorrow, it will drop. We then have the usual run up of the stock for earnings and the sell off after. Of course, being AAPL, anything can happen.

So would a stop loss order be a wise choice in your opinion? The issue is that I have over 25% of my AAPL investment on margin, and I don't want to risk a margin call if it drops like a rock tomorrow.

-Don

 

[rdowns]

Only you can determine your tolerance for risk.

That said, if you're worried, set a stop loss for the number of shares bought on margin.

 

[nospeed411]

I was gifted roughly 500 shares when AAPL first launched back in the eighty's. It was part of an estate from my grandparents. I honestly have no exact figure on what it's worth today after the stocks split. I refuse to follow it or even pay much attention to it's worth. I am afraid if I did it would spur my desire to retire early and become extremely fat and lazy. . The way I look at it is ...it cost me nothing and if it tanks tomorrow I am basically out nothing. If it continues to stay stable I may consider moving some of it around to diversify...especially if SJ's health takes a turn south.

 

[Dmac77]

I was gifted roughly 500 shares when AAPL first launched back in the eighty's. It was part of an estate from my grandparents. I honestly have no exact figure on what it's worth today after the stocks split. I refuse to follow it or even pay much attention to it's worth. I am afraid if I did it would spur my desire to retire early and become extremely fat and lazy. . The way I look at it is ...it cost me nothing and if it tanks tomorrow I am basically out nothing. If it continues to stay stable I may consider moving some of it around to diversify...especially if SJ's health takes a turn south.

AAPL has done a 2 for 1 split 3 times, in '87, '00, and '05. So you have around 4,000 shares of AAPL, and if I'm not mistaken that's worth $1,369,800. Not a bad return considering 500 shares at IPO would have cost $1,915, which equates out to roughly a 71,430% return on investment (again assuming the stock was purchased at IPO). Congrats on your luck of inheriting that stock.

-Don

 

[NickZac]

aapl has done a 2 for 1 split 3 times, in '87, '00, and '05. So you have around 4,000 shares of aapl, and if i'm not mistaken that's worth $1,369,800. Not a bad return considering 500 shares at ipo would have cost $1,915, which equates out to roughly a 71,430% return on investment (again assuming the stock was purchased at ipo). Congrats on your luck of inheriting that stock.

-don

holy crap

 

[SuperCachetes]

I don't buy with money I don't have, and I don't worry about the short-term either.

As others have said, AAPL is a long-term stock. I'm really not even a long-term shareholder (yet) but in my case, my investment seems to be doing quite well without me jacking with it too much. I suspect you will be fine if you keep your hands off the wheel and out of the cookie jar for a while.

 

[zorinlynx]

AAPL has done a 2 for 1 split 3 times, in '87, '00, and '05. So you have around 4,000 shares of AAPL, and if I'm not mistaken that's worth $1,369,800.

.... Whoah. I think we know who's buying next beer night!