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robfarri · Jul 10, 2006, 03:21 PM

Hi all,

just wondering if many of you guys on here own any AAPL stock? Personally I own a bit, bought it at around $67 (rather late i know). Was just wondering if you guys owned any and what you were planning on doing with it? The share price has taken a bit of a hammering in recent weeks, dropping a few percentage points on a daily basis

Has anybody sold or considering selling up? I know we all believe Apple will pick up and win through but I am getting a bit disheartened by the fact that Apple's share price seems so easily manipulated by random unproven rumours these days. Particularly Microsoft's so called 'iPod Killer' amongst others.

Cheers

Rob

Chuckit · Jul 10, 2006, 03:35 PM

I plan to let the price keep dropping and buy shortly before WWDC.

porieux · 05:57 AM

...

robfarri · Jul 10, 2006, 03:46 PM

Originally Posted by porieux

Well, don't sell lower than you bought at or you lose money.

Well that is kinda obvious!

It's not like I want too, was just wondering what other people were planning on doing! Perhaps its a case of mitigating losses....

Millennium · Jul 10, 2006, 03:50 PM

I've got a share. I bought it several years ago, around $20. Only problem is, I've only got one share, purchased through OneShare.com. Now I kind of wish I'd bought more. I'm strongly considering selling this share all the same, but I could have gotten a lot more out of the deal.

Eug Wanker · Jul 10, 2006, 04:09 PM

I've got some, and I've lost a few percent since buying it.

I wanted to buy when it was around $20 before the split, but didn't have the extra cash at the time.

porieux · 05:57 AM

...

Doofy · Jul 10, 2006, 04:22 PM

I'm not the best at this kind of thing, but if I had AAPL right now I'd dump the lot and pump it all into XOM. The Intel thing would make me uneasy.

bradoesch · Jul 10, 2006, 06:07 PM

I got in at $57. It's down 4.3% but I'm not worried one bit. Apple has a very promising future I believe.

jokell82 · Jul 10, 2006, 09:22 PM

I've got a few shares, but I bought in at $65 so it's down a bit for me. I'm not in it for the quick cash, though, so I haven't thought about selling. Besides, I have a feeling that it'll be going back up.

Abit667 · Jul 10, 2006, 09:40 PM

I'm thinking about buying a bunch before WWDC and then selling.

Camera God · Jul 10, 2006, 10:01 PM

I find it hard to buy it at 30 times earnings....there are an awful lot of expectations embedded in the price.

Eug Wanker · Jul 10, 2006, 10:31 PM

Originally Posted by Camera God

I find it hard to buy it at 30 times earnings....there are an awful lot of expectations embedded in the price.

Indeed, but then, that's what I said when it was much lower.

I've come to the conclusion that the market makes little logical sense.

Brien · Jul 10, 2006, 11:03 PM

I've got probably around 70 shares or so... bought them back in the late 90's, relatively cheap.

Eug Wanker · Jul 12, 2006, 02:55 PM

AAPL dropping like a rock today.

Calimus · Jul 12, 2006, 03:14 PM

It's because an analyst expects their 4th quarter sales to be less as they move out the old ipods to prep for a new model. I expect it to go back up after WWDC assuming it isn't a huge letdown. Good time to do some dollar cost averaging. Buy a bunch at the low price, then your average purchase price per share drops. Assuming you bought at higher than $53 of course.

scottiB · Jul 12, 2006, 03:25 PM

The wife and I bought at $13, sold at $77 (pre-split of 2005): after taxes, we had enough for a down payment for our first house--and a new Powerbook for her.

I'm one for one--now I'm done.

Chuckit · Jul 12, 2006, 03:40 PM

Like I said, buy it all just before it goes through the roof once everybody sees what they roll out at WWDC.

Salty · Jul 12, 2006, 04:12 PM

Sellling a month before WWDC is just plain silly.

cSurfr · Jul 12, 2006, 04:34 PM

I got in at 8.00 a share

Now if it would just get back up to 100.00, I'd sell like mad. . .

Eug Wanker · Jul 13, 2006, 10:22 AM

AAPL continues to drop like a rock.

Camera God · Jul 13, 2006, 07:23 PM

Originally Posted by Eug Wanker

AAPL continues to drop like a rock.

Woah there. You have to draw a line and differentiate between market moves and company specific moves.

Busemann · Jul 13, 2006, 08:23 PM

Bought 20 shares just for the heck of it at $71. Definitely my worst "investment" so far, but I don't need the money so I'll probably keep them for several years.

Let's at least hope AAPL will follow the same pattern as the past two years, ie that it starts slow and then picks up during the late summer/fall.

n8236 · Jul 13, 2006, 08:47 PM

Once Apple clears the legal issues, the stock is expected to soar to 70 by near year's end.

WinsOBoogi · Jul 14, 2006, 12:16 AM

I told my dad, years back, to buy when it was at $14, pre-split.

I continuously rub that one in his face.

TheGreatButcher · Jul 14, 2006, 11:40 AM

I bought in at 36, so in reality I'm still at a decent gain. I do hope it does go back up - I'm thinking of buying more in between qtry earnings this month and WWDC.

Eug Wanker · Jul 14, 2006, 12:05 PM

Originally Posted by Camera God

Woah there. You have to draw a line and differentiate between market moves and company specific moves.

Meh, whatever.

Meanwhile, AAPL continues to drop like a rock.

buffalolee · Jul 14, 2006, 01:40 PM

I will wait before WWDC to buy some Apple stock. I think it is making the stock a fairer value than before.

kick52 · Jul 15, 2006, 07:06 AM

i dont think you can buy it in the UK....

robfarri · Jul 15, 2006, 09:16 AM

Originally Posted by kick52

i dont think you can buy it in the UK....

Yep you can - I live in the UK! You just have to sign a couple of forms to comply with US regulations - these are supplied by the broker. I bought my shares online using IWeb Trading

robfarri · Jul 15, 2006, 09:17 AM

Originally Posted by Busemann

Bought 20 shares just for the heck of it at $71. Definitely my worst "investment" so far, but I don't need the money so I'll probably keep them for several years.

Let's at least hope AAPL will follow the same pattern as the past two years, ie that it starts slow and then picks up during the late summer/fall.

I know how you feel! I'm in the same situation though so I guess I'll just hold onto them and hope it goes past that in a couple of years. Still, $50 dollars as of today is a massive drop compared to a few months ago!

robfarri · Jul 15, 2006, 09:18 AM

Originally Posted by Eug Wanker

Meh, whatever.

Meanwhile, AAPL continues to drop like a rock.

Yeah AAPL is dropping like a rock, although a lot of it seems to be in line with the markets. But even then...

Andy8 · Jul 15, 2006, 09:35 AM

i am in for the long haul.

scottiB · Jul 15, 2006, 10:16 AM

Originally Posted by Eug Wanker

Meh, whatever.

Meanwhile, AAPL continues to drop like a rock.

It's dropping like a feather. Like a rock would be 20% per day for 5 trading days. So sayeth I.

bstone · Jul 15, 2006, 11:58 PM

I bought one share a few years ago when AAPL was at like $27. Then AAPL split and now I have two shares. YAY!

King Bob On The Cob · Jul 16, 2006, 04:33 AM

WWDC bringing prices UP?

Are you crazy? This is AAPL! Good news always causes the stock to crash due to the "not living up to expectations" problem Apple has... Perhaps this has changed in recent years as Apple's gotten more corporate, but I don't think so. Just look at the front page of Apple Turns for proof (That's really old now, but still holds true)

kick52 · Jul 16, 2006, 04:35 AM

Originally Posted by robfarri

Yep you can - I live in the UK! You just have to sign a couple of forms to comply with US regulations - these are supplied by the broker. I bought my shares online using IWeb Trading

oh cool! all i need now is a fake id... or someone that can handle the shares for me.... (im 13)

Camera God · Jul 16, 2006, 04:54 AM

Originally Posted by robfarri

Yeah AAPL is dropping like a rock, although a lot of it seems to be in line with the markets. But even then...

Well, since the beta of AAPL is 1.5, on average, based on montly returns, for every 1% down the market goes, AAPL will go down 1.5%. Of course, that works in the opposite direction as well.

Eug Wanker · Jul 19, 2006, 10:25 AM

It's nice to see it coming back now. Here's to that $75 target.

P.S. If it gets there, I'm may sell.

robfarri · Jul 21, 2006, 12:27 PM

Unbelievable! After weeks of the share price diving to new depths following analyst 'opinion,' it is suddenly back up big time! A whopping 12+% following a great earnings report. Lets hope it can continue this and go out on a high with some great new products.

draggerman11 · Jul 21, 2006, 02:32 PM

I bought a few shares at $52.33. Let's see what happens after WWDC!

Eug Wanker · Jul 26, 2006, 01:18 PM

AAPL seems to be doing fairly well today. I wonder why.

olePigeon · Jul 26, 2006, 01:54 PM

Originally Posted by King Bob On The Cob

WWDC bringing prices UP?

Are you crazy? This is AAPL! Good news always causes the stock to crash due to the "not living up to expectations" problem Apple has... Perhaps this has changed in recent years as Apple's gotten more corporate, but I don't think so. Just look at the front page of Apple Turns for proof (That's really old now, but still holds true)

"Apple Computer, Inc. has announced a single pill that can cure AIDS, Alzheimer's, and every sort of cancer known to man. Their stocks plummeted to a mere 75 cents when analysists were instead expecting the announcement of an iPhone."

Eug Wanker · Jul 26, 2006, 02:19 PM

In all seriousness, I do hope those driving up AAPL aren't expecting an iPhone at WWDC.

Still, it may be prudent for me to wait two weeks before ordering that Sony Ericsson K790a.

(It won't be hard to wait... since the phone isn't out yet.)

legacyb4 · Jul 26, 2006, 02:28 PM

Cashed out half my shares (about 250) at $65 when it started to drop a few months back and bought back my position at $54 last week in anticipation of good things to come in August.

I've been sitting on my position (around $8) never taking advantage of the skyrocketing growtch and am determined to make sure I don't let that go by again...

Eug Wanker · Jul 28, 2006, 01:14 PM

Now back over $65.

It's the pre-WWDC runup.

MOTHERWELL · Jul 28, 2006, 05:48 PM

I bought all of my AAPL in early 2002 after the original iPod came out. 24.6/ was the price I paid.

nforcer · Jul 28, 2006, 06:00 PM

I was planning on getting many shares back when it hit 50. I've never done any stock crap before so it's all new to me (recommend any brokers or manage it yourself services?). I knew it would go up after their earnings announcement. Basically any time Apple makes something I find a good value or something I really want (in this case the Macbook) they report great earnings the next quarter. However, I didn't expect it to reach its current price so quickly and I'm really kicking myself now.

driven · Jul 28, 2006, 11:11 PM

I bought a small bunch at $30, and a larger bunch at $71. (Whoops, should have cashed out at $85!) I'm not too concerned. I'm in for the long haul.

Eug Wanker · Jul 31, 2006, 12:01 PM

Now > $68.

I don't understand why there was such a jump today though.