AAPL is killin me!

[Trout74]

Man, AAPL stock is taking a beating. Couple weeks back I almost pulled the trigger and sold at 140, then it went to 146 and I was happy I didnt. Then is started to slowly slide and now man im hurting, I think I will just quit watching it for a few weeks and see what happens.

Trout

 

[nando2323]

Man, AAPL stock is taking a beating. Couple weeks back I almost pulled the trigger and sold at 140, then it went to 146 and I was happy I didnt. Then is started to slowly slide and now man im hurting, I think I will just quit watching it for a few weeks and see what happens.

Trout

Yeah I feel your pain, I been watching that thing like crazy and its plummeting. But the whole market is so its no surprise to me.

 

[bc008]

i know! i got 2 shares of apple for my 14th birthday, and its already at 114.86, i thought with the new imacs it would go up!

 

[diehardmacfan]

i own 16 shares of AAPL and i bought it when it was at 126 a share

 

[FF_productions]

In the last couple of weeks the stock has just plummeted.

I was sitting here thinking the stock was going to go higher than 150.

After the iPhone got released, the stock went downhill from there.

 

[Trout74]

i own 16 shares of AAPL and i bought it when it was at 126 a share

you and I are in the same boat, i bought right about there.

 

[zen]

Stocks are a long term thing. Relax.

 

[kwood]

I'm not religiously following the market, but I have heard a lot on the news that the stock market in general is seeing a downward trend. A lot of countries and banks are fuelling billions of dollars into the economy to see if they can curve the negative trend.

 

[sparkyms]

Seems like ALL stock has taken a bit of a dive in recent weeks.

We've all 'lost' money, so you're as rich/poor as the next guy.

 

[jesteraver]

I got rid of AAPL when they said Leopard was only coming out in October.

Plus the world markets now are having a hard time, soon going too be time to buy again.

 

[macenforcer]

Yeah this really sucks. I should have sold at $140 but I didn't. It will come back up. I bought 2,000 shares at $15 a share back in 1990s. Think of how much I lost today.

 

[TheChillPill]

If you own stock, and want to offload it, I'd suggest waiting until MWSF - traditionally you see big jumps around then - plus the iPhone will be on sale prior to that (Europe being a typically more advanced mobile market), so I would expect to see it top 150/160 around then.

 

[kwood]

Yeah this really sucks. I should have sold at $140 but I didn't. It will come back up. I bought 2,000 shares at $15 a share back in 1990s. Think of how much I lost today.

But think of how much you have gained since 1990. Just think it's not as bas as the 1930's. I wouldn't consider the windows of a tall building yet.

 

[TheChillPill]

I bought 2,000 shares at $15 a share back in 1990s. Think of how much I lost today.

I'm struggling to get beyond thinking of how much you've actually gained since then

 

[Trout74]

I'm struggling to get beyond thinking of how much you've actually gained since then

yes, you have done real well! im jealous

Trout

 

[macenforcer]

I'm struggling to get beyond thinking of how much you've actually gained since then

Its alot. Retirement fund. I refuse to sell.

 

[Tara Davis]

But think of how much you have gained since 1990.

WOOOOOOSH!

I can see that YOUR sarcasm detector is working just PERFECTLY!

 

[TheChillPill]

Its alot. Retirement fund. I refuse to sell.

Well, I have to say well done on keeping hold of them as long as you have. Many would have sold up a long time ago (either shortly before or shortly after the return of Jobs). Patience pays off

 

[FF_productions]

Yeah this really sucks. I should have sold at $140 but I didn't. It will come back up. I bought 2,000 shares at $15 a share back in 1990s. Think of how much I lost today.

I just did some calculations and

 

[macenforcer]

I just did some calculations and

Yeah, those splits really helped out getting it up there. I thought we were due for another split soon.

 

[SuperCompu2]

I just did some calculations and

I think everyone did...lol

simply amazing

 

[OllyW]

That's the problem with the stock market, you are only gambling on confidence.

It doesn't matter how well the company you have invested in is doing, if the market panics then everyone takes a hit.

 

[outlandos]

I think the stock still is overpriced and would wait till its around $100 again, which will be next week if we keep on going down like this

 

[IJ Reilly]

Welcome to the stock market. I wonder what happened to the guy who just a few weeks was bragging about about how much AAPL he'd bought on margin and how rich it was going to make him.

 

[macenforcer]

The key to tech stocks is investing in a company you feel will be around by the time you are ready to sell. I plan on selling when I retire. You buy and forget about it. In 1999 I bought a huge amount of tech stocks and one month later they all doubled and I sold. Wish I didn't. Although I made a bunch of money that month, I would have made much much more if I never sold them. I kept apple and a few others on priciple. Best decision I ever made.