Thread: Apple

AAPL looks to be heading to new 52 week lows. Not a good sign...


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Maybe Birch will step in and save the day. The dividend is at 2.4%

Originally Posted by MrJohnRoss

AAPL looks to be heading to new 52 week lows. Not a good sign...


aapl.png

Are we heading to $360-370?

AAPL down 2.48% today. I guess even the Fed won't touch it......................

Originally Posted by ILoveTDs

I'd suggest setting a stop loss in case it falls. Based on what you paid and the current price of $475, I'd go somewhere around $430 or $435, I know this would be at a loss for you but you were obviously willing to risk some loss when you bought it.

If it goes up I'd adjust my stop losses in $50 or $75 increments, e.g. if it hit's $500 make it $450, when it hits $550 make it $500. If it's going up I would ride it all the way up and stop loss out $50 below its peak. Just my two cents

rktect1

You end up stopping out for a loss at $430 like I suggested, or did you ride it out?

Picked up a little AAPL at $395 yesterday and added today at $405. Rolling the dice for an earnings trade.

Originally Posted by tsptalk

Picked up a little AAPL at $395 yesterday and added today at $405. Rolling the dice for an earnings trade.

Must be expecting a beat... what are your options if AAPL disappoints? Some analysts are talking about $321 before a meaningful bounce...

My only option would be to take the loss. I hate turning trading losses into investments.

Originally Posted by tsptalk

My only option would be to take the loss. I hate turning trading losses into investments.

Me too, but I remember doing that in Aug 2011... I really don't want to re-visit that painful summer...

I dont know if apple is lucrative anymore...

Originally Posted by tsptalk

Picked up a little AAPL at $395 yesterday and added today at $405. Rolling the dice for an earnings trade.

Gonna try a few YUM options myself.............