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Old 09-27-2010, 11:50 AM   #1
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AAPL looking frikken good

Couple of years ago, AAPL dropped below 100, it's lowest in ages, as did a lot of companies.

At the stock market's bottom, I along with others here went shopping. I invested 10k on quick buck material that I sold within 6-12 months, making 200%, but I held on to AAPL. A 4k investment is looking ripe... anyone thinking of selling? Can Apple top Exxon as the world's largest company you think?? If I'm not mistaken, if it pushes 12% more, then it becomes the world's largest company...
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Last edited by borked; 09-27-2010 at 11:51 AM..
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Old 09-27-2010, 11:53 AM   #2
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I sold around 270. Regretting that
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Old 09-27-2010, 11:58 AM   #3
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I sold around 270. Regretting that
if you sell on a profit, regret nothing
nice going
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Old 09-27-2010, 12:01 PM   #4
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Wow...interesting run they've had in September.
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Old 09-27-2010, 12:02 PM   #5
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I sold around 270. Regretting that
I sold at 224
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Old 09-27-2010, 12:55 PM   #6
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B u b b l e . . .
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Old 09-27-2010, 01:50 PM   #7
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bought at $7, sold 500 shares at 220, got a shitload left to carry me to retirement.. got 5 years left to climb on this one before they turn into microsoft.
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Old 09-27-2010, 02:45 PM   #8
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bought at $7, sold 500 shares at 220, got a shitload left to carry me to retirement.. got 5 years left to climb on this one before they turn into microsoft.
Interesting! I remember them as a trading option back at $20 just before the tech bubble grew and blew, but not before - I never traded anything in real cash until 2 yrs ago! They are already bigger than MS, which is why I think they've reached their peak(ish).

They have a shitload in cash in the bank, but too wealthy on the market to get bought out by anyone. Dell said only a few years back they'd buy them out just to reimburse the shareholders (how wrong!).

I have the feeling, this is their primeish area with what the tech stock can hold. I'm going to follow closely to see how the dust settles post-ipad, but I think this is their limit... it's not a tech bubble at all, since the other tech stocks aren't in the same league, but a simple apple bubble....
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Old 09-27-2010, 02:50 PM   #9
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i put a stop loss order in at 288.50

even if i get stopped out i still made 15% in a few weeks
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Old 09-27-2010, 03:27 PM   #10
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they are overhyped, introducing new iphone or ipad with 3 new features every year will only work for so long, and then what? I don't see them gaining much more market share than they already have with their products...
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Old 09-27-2010, 03:40 PM   #11
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It's not a bubble, Apple's success is entirely due to share shift gains.
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