How did Apple sneak up to 120 without anyone shooting up a flare? In fact, since March 6 Apple has increased in worth 35% and the Dow has increased 21%. Is good news not news?

Sure there are more job losses but when an economy recovers from a recession the jobs are the last thing to recover. First it is the stock market. Apple gained on Thursday and the typical profit taking on Friday did not occur. This is no dead cat bounce but a stiff rebound.

My other name is Pollyana. Thanks Obama.

I've been watching it creep up every day. The quarterly report is due soon - stock price a reflection of pre-report optimism?

and BIDU is at $200. i still have my money sitting in an account and not being invested. i suck.

i am thinking of throwing it all at Citigroup, Inc. as the gov't clearly isn't going to let them fail. up another 14% today already.

18% now and from my March 6 date up 218%. Some people are making money.

A stock I watch. Myriad Genetics is up (MYGN) since last August while Nasdaq has lost 31% they have gained 48%.

Quarter 2 earnings report is on April 22nd.

I'm not making money because I never took it out of the market. At least I didn't panic sell at a loss though at times my heart was in my stomach. While not quite back to square one I'm very close. Hafta see what the future brings.

I've read the market is always ahead of the economy by at least 6 - 9 months. If this is true Apple is poised for a really big jump. We'll see.

According to TSC Ratings: (came out today)
"Net income increased 1.5% compared with the same quarter last year to $1.6 million. Revenue increased by 5.8%, and earnings per share also improved. Apple has no debt to speak of and a quick ratio or 2, demonstrating its ability to cover short-term liquidity needs. Its 36.3% gross profit margin is strong, having increased from the year-ago quarter, and its net profit margin of 15.8% is above the industry average. Net operating cash flow increased 41.3% to $3.9 billion compared with the year-ago quarter."

Looks pretty darn good!

I'm still waiting for Sony or Disney to buy Apple... still. For 10+ years. Waiting. LOL!

Or Apple to buy Sony or Disney.

I like to see Apple buy Dell

Well technically speaking, Apple DOES own Disney. Steve Jobs is the largest shareholder of Disney (by far, if I'm not mistaken). OK, that means nothing, but it's fun to wonder, eh?!

I think your right , there was some kind of stock swap for Pixar but I don't think he sits on the board of directors ?

Carp, Wikipedia is your friend:

okay, i did throw it all at Citigroup around that time. i am up almost double; however, i look for things to jump in the near future (as has been the case this past week+).

Paulson, the guy who predicted the mortgage crisis and the banking failures, is saying C is undervalued and his hedge fund has been buying C like crazy over the past week or so. if i hadn't gone all in, i'd buy more now. ah well.

http://www.reuters.com/article/businessNews/idUSTRE57Q1C820090827

fwiw, BIDU is up to $343 so that would have been a nice investment back then as well. Apple is at $167. a fairly decent rise from the $120s, but not on par with the other stocks in this post. of course, Apple is also a more stable company, so there's that.

AAPL is up 89% from my self designated bottom of the market on March 6. I called that crater on April 13. DOW is up 44%. I would say the market has officially turned and the fearless who left their money in during the dark days of freefall February 2009 are breathing easier now.

I know a couple of people who bailed in February as they were retired but 44% of their nest egg is now gone even if they jump back in now. In order for some people to win some have to lose. I can't believe how many people are retired and still have most of their retirement riding the rails in stock. They shouldn't have bailed in February but they should not have been in to begin with.

The old adage, take your age and your retirement should be that percentage in bonds or some other solid investment while the remainder can go into stocks. So if you are 60 only 40% should be in stocks. Still a good adage to live by. Who wants to be an old fart spending your days white knuckle refreshing your Etrade account all day? What happened to going fishing instead?

i was fortunate enough to take all of my stock investments out in late August last year before the market crashed. i wanted the cash on hand for our months in Europe. now buying in near the bottom makes me look like an investing genius even if it was largely just the timing that worked for me (read: zero skill). maybe i'll start a hedge fund based on my portfolio -- i'll call it the Blindluck fund. ;~)

I did the same thing...I needed the cash for my house and pulled out right before the crash...bought my house low to boot...have the security of a paid off house and that was a nice feeling during all of the gloom and doom over the past year.

I pulled it all out July 22, 2008 as a down payment on a second house bought in a distressed housing market. Mortgage at 6.5 looked good but then refinanced both houses at 4.375 this year. Looking at my payments and the equity it is like I got a free house. All my moves were perfectly timed and completely by accident. The rates went directly from 4 3/8 to above 5 and have stayed there. It felt illegal when I closed on those. If I had not had the impulse to buy a house July 22 I would have been financially incapable of swinging it even a month later.

All from someone in my lab showing me how Zillow worked on a Friday afternoon, July 18, 2008. I'm glad I mulled that decision over for about 30 minutes instead of 30 days.

just fwiw, but i noted this morning that C (citigroup) was set to break out even more as a prominent hedge fund is buying in and thinks the stock is undervalued. well, it's up nearly 9% just today. it shot past where i said i'd sell. now i am just being greedy because i suck like that. heh.

Apple just struck their deal in China. Stock will be going up today.

aapl is $170.05

Aug 30, 2009

about 20 minutes after that post i realized what an idiot i was for being greedy. i sold. today the stock dropped over 10% from that point. whew.