DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Apple spanks expectations, again. Shares up $40 in after hours trading

**AALee** · 05-01-2012, 01:15 AM

So basically you're saying you are still buying the stock at these levels?

Personally I am focusing on more stable dividend paying stocks, so not right now as it doesn't suit my personal circumstances but I am not trying to give financial advice here. All I have argued against here is the rather absurd comparisons to the late 90's bubble, which was where any random website with 200 hits a day was being valued in the millions. If we can at least remove the noise from this conversation, I'd be happy to have a serious debate about whether anyone should buy the stock at its current price.

If pushed, I'd say currently for day traders, buy below $575, sell above $615 - the volatility is there to make some money, many already are. If you're looking for a return in the 18 months period, I'd buy anytime it's below $580 and up to $650, then hold, over a period of time. For a 5 year return, I might not buy unless it was only a small part of my portfolio - but I still think anything below $575 will hit a return even in that timeframe.

As a disclaimer, I already have AAPL at well below current market (a chunk at less than $100 and some between $170 and $200).

05-01-2012, 01:15 AM	#55
AALee Join Date Oct 2005 Posts 455 Senior Member	So basically you're saying you are still buying the stock at these levels? Personally I am focusing on more stable dividend paying stocks, so not right now as it doesn't suit my personal circumstances but I am not trying to give financial advice here. All I have argued against here is the rather absurd comparisons to the late 90's bubble, which was where any random website with 200 hits a day was being valued in the millions. If we can at least remove the noise from this conversation, I'd be happy to have a serious debate about whether anyone should buy the stock at its current price. If pushed, I'd say currently for day traders, buy below $575, sell above $615 - the volatility is there to make some money, many already are. If you're looking for a return in the 18 months period, I'd buy anytime it's below $580 and up to $650, then hold, over a period of time. For a 5 year return, I might not buy unless it was only a small part of my portfolio - but I still think anything below $575 will hit a return even in that timeframe. As a disclaimer, I already have AAPL at well below current market (a chunk at less than $100 and some between $170 and $200).
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