What does everyone think about the position of the stock right now? Good time to buy or sell? It closed at 84 dollars per share, is this an undervalue or overvalue?
Thoughts anyone?
Thoughts anyone?
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Any thoughts on Apple stock?
- Thread starter umdjb
- Start date
- Sort by reaction score
well im only a teen but i know some stuff about the stock market.
since the chinese stock market plummeted 9% and the dow jones fell 416 points and much of apple's manufacturing takes place in china i.e. Foxconn, i'd say wait a little while 2-3 months at least because the markets are struggling as of today.
since the chinese stock market plummeted 9% and the dow jones fell 416 points and much of apple's manufacturing takes place in china i.e. Foxconn, i'd say wait a little while 2-3 months at least because the markets are struggling as of today.
It depends. All I own is Apple stock at the moment, so you can guess what my thoughts on it are.
Expect to see some major new products soon.
Expect to see some major new products soon.
If you know about the stock market then you would be advising him to buy in this 'slump'.
I don't agree with your analogy not only for the reason that your advising to buy when shares are stronger
well i guess what im trying to say is like the dow jones might continue to go down so like dont buy right now because theres a chance it will continue to go down this week into next week. wait until it like stabilizes at a certain low point and buy then
The chinese market is never likely to be stable in either up or down state for a very long time......
The target price by many analysts is 100. I would buy some after the drop. Of course, watch the market in the morning and only buy using Limit orders... I for one was gobbling up stocks today. It is always scary to buy when the market is dropping. And boy does it sting when you buy in and then it keeps dropping.
I'll be watching it...if it keeps going down I'm invest some(or tell my parents it would be a good time to invest)
I own Apple stock AND iShares in China. I'm going to watch what happens tomorrow. If it continues to go down dramatically (which I doubt), I'm not selling either because I can afford to hold on until it goes up again. In other words, I think they are fundamentally good buys. I may actually buy more. That takes more guts than I sometimes have but that's the way to actually make money on the market.
To be honest, $1000 should be about the minimum investment for single stock. Investing less than that means that your commissions will eat significantly into any potential profit.
Also, given your age, your investment options are extremely limited unless you work through a parent or guardian who can open an account for you.
Plunging a significant portion of your net worth into a single stock is almost never a good idea...the risk is just too great. Diversified investments like mutual funds or safer investments like money market funds are usually a better option.
And with the market craziness today, everything is up in the air. Tomorrow morning could be the ideal time to buy, or this could be just the beginning of a more significant downturn.
Watch it closely. From what I am hearing the market should continue to drop for the next month or so due to several issues with inflation, foreign exchanges, and the housing market. I almost bought apple stock about 4 years ago when it was under $20 and now I'm kicking myself. I am thinking about jumping in and I think it will be a prime time in the next month or so. I think it will continue to go down over the next couple of weeks but I'm no expert.
I hope so because my fund manager is purchasing my latest investments in the coming week.....
Well China rebounded 4% today. I am not sure what affect that will have on the US economy. I think initially everyone thought the market would drop today too, but I think it will be a flat day or even go up a tad. But, you never know. I for one will be watching.
China going up should help, but it may still drop some, because the GDP numbers came out lower than expected today.
The Dow was up in early trading too, but it could be a classic "dead cat bounce."
As a long-time AAPL stockholder, I am cautiously optimistic. Owing this stock will drive you a little crazy though, assuming you aren't a little crazy already.
I've found that to be true, though I feel AAPL has a lot of pent-up growth ahead of it.
AAPL IMHO is a very risky position at this point, although if your playing from a trading standpoint, I think the $84 to $95 trading range is attractive short term. In blackjack terms I'd call an AAPL hand a 17. Upside potential, you bet, downside potential, damn right. The stock has a significant amount of future expectation built in and is very vulnerable to market instability and you better be willing to sell quick. I love Apple, but you have to seperate your love for Apple from any care about AAPL. If you buy this without a stop loss IMHO you better be ready to bust.
back from the grave - please contain replys to the OP's question, I really dont care about china.
any more opinions on this at $90?
Will iPhone release boost share value?
Thanks...
any more opinions on this at $90?
Will iPhone release boost share value?
Thanks...
