|
|
Just bought my first AAPL stock
|
|
|
|
Mac Elite
Join Date: Apr 2005
Location: Nashville, TN
Status:
Offline
|
|
10 shares baby!!! Woo Hoo!!!
|
"I'm sick of following my dreams. I'm just going to ask them where they're goin', and hook up with them later"
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
|
|
Good luck. Tough time to buy though, since it's at a long time peak.
|
|
|
|
|
|
|
|
|
Mac Elite
Join Date: Apr 2005
Location: Nashville, TN
Status:
Offline
|
|
any chance of the stock AAPL splitting? One can wish right? I am hoping it goes up with the holiday sales and possible new products too. I am not looking for the short term though, plan on keeping it for a while. I may buy more but wanted to start small.
|
"I'm sick of following my dreams. I'm just going to ask them where they're goin', and hook up with them later"
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Apr 2007
Location: Iowa, how long can this be? Does it really ruin the left column spacing?
Status:
Offline
|
|
I remember when it was at $85, I tried to buy some but didn't like the web trader I tried, so I gave up. Oops.
|
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
|
|
Originally Posted by macfantn
any chance of the stock AAPL splitting? One can wish right?
Possible if it stays well above $200 for a long time, but that doesn't guarantee better returns by any means.
Furthermore they may decide they don't want to do a split. eg. GOOG.
I am hoping it goes up with the holiday sales and possible new products too.
Well, even with new products, it can't just be good holiday sales. It needs to be stellar sales that will outstrip expectations. Sometimes when Apple hits a record, the stock drops, because although it beat Apple's own expectations, it doesn't meet consensus analysts' expectations. Analysts have long since learned that Apple likes to sandbag its earnings forecasts.
I am not looking for the short term though, plan on keeping it for a while. I may buy more but wanted to start small.
Nothing wrong with that. Plus, with just 10 shares, it makes more sense to hold longer since with smaller investments the commissions can eat up a higher percentage of the profits if you trade a lot (if the commissions aren't not very low that is).
|
|
|
|
|
|
|
|
|
Addicted to MacNN
Join Date: Sep 2000
Location: Isle of Manhattan
Status:
Offline
|
|
I bought @ $13.00 !
but sold at $85.
|
"Faster, faster! 'Till the thrill of speed overcomes the fear of death." - HST
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
|
|
AAPL now back under $200.
P.S. AAPL's market cap is almost $179 billion. That makes it bigger that Google, IBM, AT&T, Cisco, etc.
Personally, I'm not convinced that's justified.
P.P.S. Dell doesn't even hit $30 billion in market cap. Ouch.
|
|
|
|
|
|
|
|
|
Professional Poster
Join Date: May 2000
Location: Urbandale, IA
Status:
Offline
|
|
Originally Posted by osiris
I bought @ $13.00 !
but sold at $85.
I wanted to buy $1,000-$2,000 worth of stock back in 1998 when it was pretty close to its all-time low, but I was still in high school at the time and my mom didn't think it would be a good idea. Still being a minor, I didn't really have much choice in the matter.
Too bad, too, because it would have paid for college and the down payment on my house.
|
"Yields a falsehood when preceded by its quotation" yields a falsehood when preceded by its quotation.
|
|
|
|
|
|
|
|
Addicted to MacNN
Join Date: Jun 1999
Location: Las Vegas, NV, USA
Status:
Offline
|
|
Of course the current market cap is justified. Nobody makes money like AAPL, and the room for growth in both computer and phones is astonishing. They should soon pass Microsoft and deserve to be number 2 to Exxon. Longer term I could see Apple as the most valuable company on the planet.
|
|
|
|
|
|
|
|
|
Games Meister
Join Date: Aug 2009
Location: Eternity
Status:
Offline
|
|
I need a Steve Jobs health scare so I can pick up some stock.
|
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
|
|
Originally Posted by Eug
AAPL now back under $200.
P.S. AAPL's market cap is almost $179 billion. That makes it bigger that Google, IBM, AT&T, Cisco, etc.
Personally, I'm not convinced that's justified.
I'm with you on this.
Sounds like an awful high valuation. I think it's time for a breather for AAPL.
-t
|
|
|
|
|
|
|
|
|
Admin Emeritus
Join Date: Oct 1999
Location: Zurich, Switzerland
Status:
Offline
|
|
Umm, it had its breather when it sank back to 130ish about 2 years ago. It came crashing from $200 around January 2008 to around $130 within 6 months. In Jan 08, $200 was too much, definitely. Now, $200 is deserved, what with Apple doing this well despite the economy.
|
|
|
|
|
|
|
|
|
Addicted to MacNN
Join Date: Sep 2000
Location: Isle of Manhattan
Status:
Offline
|
|
Originally Posted by Oneota
I wanted to buy $1,000-$2,000 worth of stock back in 1998 when it was pretty close to its all-time low, but I was still in high school at the time and my mom didn't think it would be a good idea. Still being a minor, I didn't really have much choice in the matter.
Too bad, too, because it would have paid for college and the down payment on my house.
Yes, it's killing me. I could have had a mansion, a yacht, and a string of polo ponies.
|
"Faster, faster! 'Till the thrill of speed overcomes the fear of death." - HST
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
|
|
Originally Posted by tooki
Umm, it had its breather when it sank back to 130ish about 2 years ago. It came crashing from $200 around January 2008 to around $130 within 6 months. In Jan 08, $200 was too much, definitely. Now, $200 is deserved, what with Apple doing this well despite the economy.
Well, I disagree. I think $200 is high. Not crazy high, but high.
I think there is room to go up, but I wouldn't necessarily count on it, and actually favour it going down somewhat.
|
|
|
|
|
|
|
|
|
Mac Elite
Join Date: Sep 2004
Location: Theory - everything works in theory
Status:
Offline
|
|
AAPL has a history of splitting their stock. I think if they can stay in the $200s for another couple of quarters (maybe even reach some analysts projections sooner than expected), there's a good chance that Steve will split it to bring down the share price so that regular "joes" can invest in AAPL again. GOOG, on the other hand, decided from the git go that they didn't want to split their stock ala BRK.
As far as the stock being overvalued, I don't necessarily agree. It's not uncommon for profitable tech companies to to have a PE of 30+ (e.g., GOOG, AMZN). This puts AAPL right up the low 200s given their Q4 numbers.
|
|
|
|
|
|
|
|
|
Professional Poster
Join Date: Sep 2002
Location: New York, NY
Status:
Offline
|
|
Don't expect a split again since when asked Apple stated in a recent conference call that they don't plan on splitting again.
|
Vandelay Industries
|
|
|
|
|
|
|
|
Mac Elite
Join Date: Sep 2004
Location: Theory - everything works in theory
Status:
Offline
|
|
Originally Posted by Art Vandelay
Don't expect a split again since when asked Apple stated in a recent conference call that they don't plan on splitting again.
Oops, haha. Never mind my post, then. Do you know when they said it?
|
|
|
|
|
|
|
|
|
Professional Poster
Join Date: Sep 2002
Location: New York, NY
Status:
Offline
|
|
I don't remember which one but they implied that they're now following the Google model when it comes to their stock.
|
Vandelay Industries
|
|
|
|
|
|
|
|
Mac Elite
Join Date: May 2005
Location: La Crosse, WI
Status:
Offline
|
|
Originally Posted by tooki
Umm, it had its breather when it sank back to 130ish about 2 years ago. It came crashing from $200 around January 2008 to around $130 within 6 months. In Jan 08, $200 was too much, definitely. Now, $200 is deserved, what with Apple doing this well despite the economy.
I agree 100%. Back in 2007-2008 when it was around $200, it was valued based on more hype and speculation than anything else. I remember it making 10-15% gains and losses back and fourth on a daily basis, which is just ridiculous. The price seemed to hinge daily on whatever iPhone rumor was floating around at the time. It has since made the proper market corrections and has climbed steadily ever since hitting its valley back in 2008. Just my opinion though...
|
2.3 GHz Intel i5 MacBook Pro
iPhone 4 - 16 GB - Black
8gb iPod Nano
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
|
|
Previous high PEs were more justified, because Apple followed the accounting rules of realizing sales of iPhones and ATVs over 24 months. This made future earnings more "stable", because Apple would have sales and income, even if everybody stopped buying iPhones today.
The accounting rules was recently changed, so now they realize all iPhone sales right on day 1.
This makes a high PE less justified than in the past.
-t
|
|
|
|
|
|
|
|
|
Mac Elite
Join Date: May 2005
Location: La Crosse, WI
Status:
Offline
|
|
That is true. And I honestly don't quite understand that yet and haven't seen enough numbers to form an opinion as to whether this is a good reflection of their true earnings or not.
|
2.3 GHz Intel i5 MacBook Pro
iPhone 4 - 16 GB - Black
8gb iPod Nano
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
|
|
Originally Posted by sdilley14
That is true. And I honestly don't quite understand that yet and haven't seen enough numbers to form an opinion as to whether this is a good reflection of their true earnings or not.
"True earnings" or not is relative and subjective. They always stuck to the rules.
Let's put it like this: the old rules were more conservative and understated current earnings and earnings potential.
-t
|
|
|
|
|
|
|
|
|
Professional Poster
Join Date: Sep 2002
Location: New York, NY
Status:
Offline
|
|
Originally Posted by turtle777
The accounting rules was recently changed, so now they realize all iPhone sales right on day 1.
They haven't adopted the changes yet. They have until the first quarter of 2011 to adopt.
|
Vandelay Industries
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
|
|
Originally Posted by Art Vandelay
They haven't adopted the changes yet. They have until the first quarter of 2011 to adopt.
Ok, I see. I thought they already did.
-t
|
|
|
|
|
|
|
|
|
Professional Poster
Join Date: Sep 2002
Location: New York, NY
Status:
Offline
|
|
They could have but they stated it is complicated to make the change and they're not ready to yet.
|
Vandelay Industries
|
|
|
|
|
|
|
|
Mac Elite
Join Date: Apr 2005
Location: Nashville, TN
Status:
Offline
|
|
Ok I have about $190 left to invest back into stocks, can't get another share of apple. Can someone recommend a cheaper stock maybe in the $10 range that I could pick up close to 20 shares.
|
"I'm sick of following my dreams. I'm just going to ask them where they're goin', and hook up with them later"
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Oct 2000
Location: Los Angeles
Status:
Offline
|
|
Originally Posted by tooki
Umm, it had its breather when it sank back to 130ish about 2 years ago. It came crashing from $200 around January 2008 to around $130 within 6 months. In Jan 08, $200 was too much, definitely. Now, $200 is deserved, what with Apple doing this well despite the economy.
What about its breather when it fell below $80 (I believe) during the crisis earlier this year?
I've been following AAPL since 1994. I remember during the dark ages right before the Second Coming of SJ discussing with my best friend from high school how ridiculously cheap the stock was at $13. Unfortunately, I didn't have that much money to buy in at that time. I did buy 16 shares that I held on to for years and sold before any substantial run-ups. I also traded AAPL a few years ago, which was fun and profitable but got too expensive to do when it went above $100. Ah, memories.
Congratulations of getting a little taste of AAPL. My advice to you, Macfan, is not to attempt to trade it. You bought in at a peak and you have a handful of shares anyway, but that's okay if you can hold for a decade or two. I would have done far better with what I originally owned if I had held for a decade.
|
"The natural progress of things is for liberty to yield and government to gain ground." TJ
|
|
|
|
|
|
|
|
Mac Elite
Join Date: May 2005
Location: La Crosse, WI
Status:
Offline
|
|
Originally Posted by macfantn
Ok I have about $190 left to invest back into stocks, can't get another share of apple. Can someone recommend a cheaper stock maybe in the $10 range that I could pick up close to 20 shares.
FNM, FRE, C, BAC
Say what you will about these companies. I know the names are scary these days because of what they've gone through, but as far as their stocks go, they are at an historical discount now. I think they're worth some risk if you intend to go long on them.
|
2.3 GHz Intel i5 MacBook Pro
iPhone 4 - 16 GB - Black
8gb iPod Nano
|
|
|
|
|
|
|
|
Addicted to MacNN
Join Date: Feb 2001
Location: Your Anus
Status:
Offline
|
|
Buy high, sell low... that's my motto...
|
My sig is 1 pixel too big.
|
|
|
|
|
|
|
|
Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
|
|
Originally Posted by sdilley14
FNM, FRE, C, BAC.
Seriously, worst advice EVAR.
Buy some gold or silver miners. You are leveraged to rising price of gold and silver, and hegded against inflation and bankruptcy of the US financial sector.
-t
|
|
|
|
|
|
|
|
|
Professional Poster
Join Date: Feb 2002
Location: Why do you care?
Status:
Offline
|
|
SOLD my remaining shares of APPL stock yesterday. Bought in at $60, $80, $100, and $120. The $60, $80, and $100 were long gone, sold the $120 yesterday. Thanks for the nice profits Apple!
I will probably consider taking another position in APPL when/if it falls below $150. For now, I'm happy with the gains I made on my APPL positions over the past 5 years.
Now I have to convice my wife to let me use some of the profit to buy a new iMac.
|
|
|
|
|
|
|
|
|
Mac Elite
Join Date: May 2005
Location: La Crosse, WI
Status:
Offline
|
|
Originally Posted by turtle777
Seriously, worst advice EVAR.
Buy some gold or silver miners. You are leveraged to rising price of gold and silver, and hegded against inflation and bankruptcy of the US financial sector.
-t
I'm not saying load your entire portfolio with those, but if you want to invest with relatively little cash, and you're ok with taking some risk, these aren't bad stocks to buy. They're at the lowest prices they've ever been. Do you honestly think they are going to stay this low forever? I'm not saying they will bounce back to the peak prices they were at, but I can certainly see this all making a considerable comeback over the next 5 years.
|
2.3 GHz Intel i5 MacBook Pro
iPhone 4 - 16 GB - Black
8gb iPod Nano
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forum Rules
|
|
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
|
HTML code is Off
|
|
|
|
|
|
|
|
|
|
|
|