Don't feel too bad. I felt like a genius when my AAPL shares hit $700... only to watch the price tumble below $400 mere months later.MediumTex wrote: My last Apple trade involved a buy at $240 and a quick sale when it hit $260. At the time I felt like a genius...but then I watched it go to $700 and I didn't feel quite as smart.
Apple's Correction
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Pointedstick
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Re: Apple's Correction
Last edited by Pointedstick on Sun May 05, 2013 2:11 pm, edited 1 time in total.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
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dualstow
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Re: Apple's Correction
{ fixed }
did you mean to write something else that second time, PS?
did you mean to write something else that second time, PS?
Last edited by dualstow on Sun May 05, 2013 3:20 pm, edited 1 time in total.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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Pointedstick
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Re: Apple's Correction
Oops. I meant to edit the initial post to correct a grammar error. Derp.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
- CEO Nwabudike Morgan
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Pointedstick
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Re: Apple's Correction
I bet you're happy right now.MediumTex wrote: I bought some this morning at $395.99.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
- CEO Nwabudike Morgan
Re: Apple's Correction
Buying below $400 a share was a pretty easy call.Pointedstick wrote:I bet you're happy right now.MediumTex wrote: I bought some this morning at $395.99.
With that nice dividend coming in, it's a great investment all the way around.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Apple's Correction
Do you think that you owe Carl Icahn a steak dinner at the very least?
Re: Apple's Correction
Do you owe the rooster a steak because the sun rises?Reub wrote: Do you think that you owe Carl Icahn a steak dinner at the very least?
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
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MachineGhost
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Re: Apple's Correction
Everyone's a genius in a bull market. 
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Apple's Correction
It's been almost a month since anyone posted anything in the stock section of the forum?
That's really weird. I guess it means that the stock market has been exceptionally boring recently.
What a change from a few years ago.
That's really weird. I guess it means that the stock market has been exceptionally boring recently.
What a change from a few years ago.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Apple's Correction
How about that Apple dropping $3.2bn on an overrated headphone company?
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dualstow
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Re: Apple's Correction
Something to do with the Mog streaming service perhaps, but it *is* weird. Well, it's 2% of their total.Tyler wrote: How about that Apple dropping $3.2bn on an overrated headphone company?
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Re: Apple's Correction
I believe they were buying Dr. Dre.
Apple buys people, generally speaking. They are very concerned about having high-quality, in fact top, elite-quality people. Apple considers themselves highly resource-constrained. How so, having billions of dollars? The resource they are constrained by is people.
For some reason, they consider Dr. Dre, and/or perhaps others on his team, to be A-list player(s).
Apple buys people, generally speaking. They are very concerned about having high-quality, in fact top, elite-quality people. Apple considers themselves highly resource-constrained. How so, having billions of dollars? The resource they are constrained by is people.
For some reason, they consider Dr. Dre, and/or perhaps others on his team, to be A-list player(s).
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MachineGhost
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Re: Apple's Correction
I'd say its more that they want Millenial diversity catchet. Millenials are suckers for marketing fiction on top of being among the world's most guillible consumers.LC475 wrote: For some reason, they consider Dr. Dre, and/or perhaps others on his team, to be A-list player(s).
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!