collapse

* Resources


UDM 4

* Recent Posts

More conference realignment talk by source?
[Today at 05:04:28 PM]


[Cracked Sidewalks] SIU-Edwardsville Preview by PointWarrior
[Today at 04:40:50 PM]


ESPN MU article by MU82
[Today at 04:27:10 PM]


The Shaka Era is happening! by Herman Cain
[Today at 04:06:27 PM]


Recruiting as of 9/15/21 by Dr. Blackheart
[Today at 12:15:18 PM]


NM by Dr. Blackheart
[Today at 06:45:54 AM]


MU Alumni playing in European and Foreign Leagues Thread by JWags85
[October 21, 2021, 11:33:11 PM]

Please Register - It's FREE!

The absolute only thing required for this FREE registration is a valid e-mail address.  We keep all your information confidential and will NEVER give or sell it to anyone else.
Login to get rid of this box (and ads) , or register NOW!


Author Topic: What's Wrong With Apple (stock)?  (Read 86805 times)

MU82

  • All American
  • *****
  • Posts: 16832
Re: What's Wrong With Apple (stock)?
« Reply #575 on: August 19, 2020, 04:37:47 PM »
AAPL has been relentless, and the announcement of the split only accelerated things. Wouldn’t surprise me if it backed off a bit post split - a common result for stocks that split - but I see no reason to sell here.

I’m a very reluctant seller, so I’ll probably keep holding it. Can’t argue with that strategy so far with AAPL!!!
“A lot of the stuff that we believe in and that I’ve always believed in — it takes time. It’s not a quick fix. It’s not an instant-gratification thing. It’s a drip-by-drip process.”

-- Shaka Smart, in The Athletic, 10/13/21

TSmith34

  • All American
  • *****
  • Posts: 3439
Re: What's Wrong With Apple (stock)?
« Reply #576 on: August 24, 2020, 02:13:55 PM »
I am glad AAPL is all over my portfolio (and even more concentrated in my kids'), but it looks like the dash over $500 prompted some people to take profits.

I am not suggesting selling it necessarily, particularly if you don't have it in a tax advantaged account, but IMO it is awfully pricy here.
"Bigly mentally unstable, believe me.  Sad, unbelievably sad."

MU82

  • All American
  • *****
  • Posts: 16832
Re: What's Wrong With Apple (stock)?
« Reply #577 on: August 24, 2020, 04:12:22 PM »
I am glad AAPL is all over my portfolio (and even more concentrated in my kids'), but it looks like the dash over $500 prompted some people to take profits.

I am not suggesting selling it necessarily, particularly if you don't have it in a tax advantaged account, but IMO it is awfully pricy here.

Yeah, I have a few like that, stocks that have marched well past what seems reasonable valuation.

Every time I think about selling (or at least trimming) AAPL, MSFT, MA, even boring consumer staples and utilities like MKC and NEE, I can't bring myself to do it. And every time, I've been rewarded.

Obviously, this can't keep going on forever. The crash could be painful.
“A lot of the stuff that we believe in and that I’ve always believed in — it takes time. It’s not a quick fix. It’s not an instant-gratification thing. It’s a drip-by-drip process.”

-- Shaka Smart, in The Athletic, 10/13/21

 

feedback