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Apple hits $50
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Professional Poster
Join Date: Sep 2000
Location: Texas
Status:
Offline
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Addicted to MacNN
Join Date: Aug 2004
Location: Outfield - #24
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
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I've got my "sell trigger" set at 50 (all 1000 shares), not bad since I bought it when it was below 13. 
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Retired
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Posting Junkie
Join Date: Jun 2003
Location: Dangling something in the water… of the Arabian Sea
Status:
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Originally posted by MacNStein:
I've got my "sell trigger" set at 50 (all 1000 shares), not bad since I bought it when it was below 13.
I'm such an idiot for not buying at $25.  I figured it'd go up to maybe $30ish and then plateau out.  I suspect that's what the Apple brass originally thought too, cuz quite a bit of insider stock was sold at $30.
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Professional Poster
Join Date: Feb 2000
Location: Nashville, TN
Status:
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I bought at 17.10... but with only 10 shares, I'll hang on.
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Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
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SOLD at 50.17

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Retired
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Moderator 
Join Date: Jun 2000
Location: We come from the land of the ice and snow...
Status:
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Should have bought some when it was low, it crossed my mind.
ah well, good for you MacNStein! 
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Mac Elite
Join Date: Jun 2003
Location: Alabama
Status:
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 rock on aapl
you need to make me some money for all the money i've spent on you 
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http://www.mafia-designs.com
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Mac Elite
Join Date: Nov 2003
Location: Minnesota
Status:
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Damn! And I sold at $36, right around the time Apple could not ship a G5 if their life depended on it.
It was so much easier for me to predict Apple stock values before the iPod.
Ah, well. It's still great news for Apple.
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Posting Junkie
Join Date: Jun 2003
Location: Dangling something in the water… of the Arabian Sea
Status:
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Originally posted by MacNStein:
SOLD at 50.17
Profit of $37000!
Drinks are on MacNStein. 
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
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Retired
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Professional Poster
Join Date: May 1999
Location: New York City
Status:
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The rich are cheap. That's how they got rich.
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Mac Elite
Join Date: Apr 2003
Location: The City Of Diamonds
Status:
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Originally posted by MacNStein:
$37,545 and change... before taxes, that is. 
How much would that be after taxes?
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Mac Elite
Join Date: Oct 2001
Location: in a weapons producing nation under Jesus
Status:
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mmm, then I'll take a Red Stripe!
congrats man!!!
Wish I'd bought some when I wanted to, my expecting baby could've really used that! Ahh the struggles of being poor! 
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Professional Poster
Join Date: Jan 2000
Location: Near Antietam Creek
Status:
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(Last edited by scottiB; Oct 27, 2004 at 03:56 PM.
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I am stupidest when I try to be funny.
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
Status:
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Originally posted by Powaqqatsi:
How much would that be after taxes?
I'm afraid to look.  But I'm sure it'll be about $7-8K.
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Retired
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
Status:
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Originally posted by scottiB:
IIRC, capital gains tax is 15%, so around $32k after taxes.
+ 5% for the state of TN.
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Mac Elite
Join Date: Jul 2002
Location: Tronna
Status:
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Well played, MacNStein!
The thing to remember folks is that it's a post-split $50. They never got near that until the late 90s tech boom.
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Addicted to MacNN
Join Date: Mar 2002
Location: Winnipeg
Status:
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I should have invested my college fund 
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Professional Poster
Join Date: May 2000
Location: Urbandale, IA
Status:
Offline
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I wanted to by AAPL back before college when it was at its all-time low (1998-ish, I think). I wanted to invest $1000. Had I sold it around the time it split, or shortly thereafter (before the crash), I would've made out like a bandit. But my mom wouldn't let me "throw my money away" like that. Bah.
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"Yields a falsehood when preceded by its quotation" yields a falsehood when preceded by its quotation.
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Addicted to MacNN
Join Date: Jan 2001
Location: The Sar Chasm
Status:
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I bout at 13 and sold at 26. Thought I was doing great-- made over a grand. Would've hung on, but I needed the cash. 
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When a true genius appears in the world you may know him by this sign, that the dunces are all in confederacy against him. -- Jonathan Swift.
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Mac Elite
Join Date: Jun 2004
Status:
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I came it at $33.51 just a few months ago. I got 100 shares, and now I am debating on whether or not to sell now. Any advice on what to do?
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Professional Poster
Join Date: Feb 2000
Location: Nashville, TN
Status:
Offline
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Originally posted by chris v:
I bout at 13 and sold at 26. Thought I was doing great-- made over a grand. Would've hung on, but I needed the cash.
I could make a fair bit here, but I just don't need it.
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Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
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Senior User
Join Date: Sep 2004
Status:
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You know what? Screw all those investment assholes and what they said; they were very wrong. This music thing is huge, and it is only getting bigger.
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Addicted to MacNN
Join Date: Jan 2001
Location: The Sar Chasm
Status:
Offline
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Originally posted by brandon420506:
I came it at $33.51 just a few months ago. I got 100 shares, and now I am debating on whether or not to sell now. Any advice on what to do?
Sit on it. The market in general isn't doing that great the last few months, and Apple is gaining despite it. If there's a good bull run here after the election, you'll be happy you kept it.
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When a true genius appears in the world you may know him by this sign, that the dunces are all in confederacy against him. -- Jonathan Swift.
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
Status:
Offline
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Originally posted by chris v:
Sit on it. The market in general isn't doing that great the last few months, and Apple is gaining despite it. If there's a good bull run here after the election, you'll be happy you kept it.
The only bull run will be if Bush wins. If Kerry wins, it'll go bear. Fast.
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Mac Elite
Join Date: May 2001
Location: Northampton, MA USA
Status:
Offline
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I bought at less than $20 and always intended to sell at $45. But I think I'll hang on to it a while longer and see where it goes. $55 would be nice and certainly looks possible.
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Moderator Emeritus 
Join Date: Mar 2001
Location: Austin, MN, USA
Status:
Offline
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Congrats MacN. The thing that keeps me from feeling any jealousy is the fact that you had 12+ grand to invest in the first place. It will be some time before my life allows me to make such purchases.
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
Status:
Offline
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Originally posted by Xeo:
Congrats MacN. The thing that keeps me from feeling any jealousy is the fact that you had 12+ grand to invest in the first place. It will be some time before my life allows me to make such purchases.
the irony is, I sold my MSFT to buy it. 
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Retired
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Mac Elite
Join Date: Mar 2002
Location: Seaford, Virginia
Status:
Offline
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Originally posted by MacNStein:
SOLD at 50.17
Oooo, man! Get yourself a few G5 and new monitors!
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Moderator Emeritus 
Join Date: Mar 2001
Location: Austin, MN, USA
Status:
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Addicted to MacNN
Join Date: Apr 2003
Location: Appalachia
Status:
Offline
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Originally posted by His Dudeness:
Oooo, man! Get yourself a few G5 and new monitors!
Nah, I've still got my 1.42 dualie, and it does everything I need to do. I'll probably get a G5 when they hit 3GHz, I can be patient.
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Retired
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Forum Regular
Join Date: Dec 2001
Location: Between a Peg and a Hard Place
Status:
Offline
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LOL  Great thread. Way to go MacNStein! Poetic justice or what!??
Take this $37k and stuff it Bill! errrrrr something like that 
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