i joked a month or so ago about the price of AAPL and i said that it really should be closer to $110. never in my wildest dreams did i honestly see that happening. but i has dropped to $116 today. ouch. it's a good thing i am in for the long, long haul with my AAPL dollars . . . at least i hope so. <br><br>what is causing the big drop today?<br><br>
#346605 - 02/22/0812:43 PMRe: AAPL taking big hit today
[Re: FSM]
zwei
soporific
Registered: 06/26/04
Posts: 2479
Loc: Near an iPad
could be because of the NAND cuts ...not sure. I'm getting used to the red in my portfolio at this point. <br><br>All will be well in the end.<br><br>zweisoft<br>
#346607 - 02/22/0812:49 PMRe: AAPL taking big hit today
[Re: zwei]
yoyo52
Nothing comes of nothing.
Registered: 05/25/01
Posts: 28801
Loc: PA, USA
<blockquote><font size=1>In reply to:</font><hr><p>All will be well in the end.<p><hr></blockquote><p><br>That takes some careful reading, zwei. Like suppose I asked how deeply in the end . . . <br><br>[color:red]</font color=red> [color:orange]</font color=orange> [color:yellow]</font color=yellow> [color:green]</font color=green> [color:blue]</font color=blue> [color:purple]</font color=purple>
_________________________ MACTECHubi dolor ibi digitus
Okay, when it gets to $50 I will buy a boatload too!<br><br>Now, what we have done is to ensure it will NEVER reach that point I'm never lucky . . . <br><br>
#346610 - 02/22/0804:36 PMRe: AAPL taking big hit today
[Re: FSM]
cope
I got this...
Registered: 01/03/08
Posts: 646
Loc: Central Florida
Well, I bought my two chunks at $52 and $22. Still looks good to me.<br><br>I too am in it for the long haul (6+ years until I can.....uh......retire).<br><br>
my chunk came at $42/share and won't be touched until retirement (or maybe it'll pay for weddings or college for the kids???). i reserve the right to move it out of AAPL just before steve retires. <br><br>i am only 37 so retirement is too far in the future to think about beyond saving up for it and knowing that it won't be here in Michigan . . . make way Florida. heh.<br>
#346612 - 02/22/0807:07 PMRe: AAPL taking big hit today
[Re: FSM]
margadagio
Princess
Registered: 04/19/02
Posts: 5942
Loc: Toronto
I simply don't get it. Apple is selling stuff galore. Go in an Apple store. Every time carp and I have gone in the store it's been jammed packed and folks are buying, buying, buying. Heck, even WalMart is selling iPods, which we've witnessed. They can't make iMacs fast enough. The iPhone is selling well judging by how many I see on the streets with one. The media keeps talking recession but there is no evidence in Hawaii that the consumer has stopped spending, specially in the Apple Store.<br><br>I'd like to know who the analysts are who are deliberately dissing AAPL and driving the stock price down. <br><br>
What'a one day in the big picture, look at aapl last 5 years.<br><br><br><br>And the last 3 months<br><br><br><br>If you're going to sell Apple stock, you should have sold a month or so ago.<br>Since January 1, Apple stock has dropped 40%.<br><br>