Thread: Apple

Hardware will continue to get faster too

Originally Posted by rktect1

Well, that stop order was short lived. Sold 2100 shares at $129.11 each. Hope that wasn’t a mistake on my part. If it drops more I’ll be buying it back for certain.

Well, my AAPL sell yesterday cannot become a new buy until tomorrow while waiting for the settlement of the funds used. $10 says that by morning the AAPL share price is back up to $130 so I wont have a buying opportunity.

Originally Posted by rktect1

Well, my AAPL sell yesterday cannot become a new buy until tomorrow while waiting for the settlement of the funds used. $10 says that by morning the AAPL share price is back up to $130 so I wont have a buying opportunity.

I'm not sure you have that right. Once you sell, you can buy again with that money. You just can't sell that new equity until the 2 day settlement.

Originally Posted by tsptalk

I'm not sure you have that right. Once you sell, you can buy again with that money. You just can't sell that new equity until the 2 day settlement.

Originally Posted by rktect1

Well, my AAPL sell yesterday cannot become a new buy until tomorrow while waiting for the settlement of the funds used. $10 says that by morning the AAPL share price is back up to $130 so I wont have a buying opportunity.

You might get a better entry. Shares down to $117 in after hours.

Unless those trades are in an IRA, tax time should be fun.

Originally Posted by Bullitt

Unless those trades are in an IRA, tax time should be fun.

They are in my IRA account.

Just bought 2350 shares back at $114.40 each. So increased my shares for my sale funds. I’ll buy more if it goes below $110 a share.

Originally Posted by rktect1

Just bought 2350 shares back at $114.40 each.

$268.8K into AAPL alone.

It's trades like this that make me still feel like a "Toys R Us" kid.

Talked to my financial advisor yesterday about Apple. I told him I was interested in picking up some more shares. He told me he expects the stock to fall a little bit more and will keep an eye on it and let me know when to purchase more shares.

Is your broker from Goldman?

In a note to clients, Goldman analyst Rod Hall wrote that the company’s growth rates “aren’t consistent with the narrative that has driven the stock to its highest premium vs. the S&P 500 since 2011,” and that other tech giants like Amazon and Microsoft “are delivering the numbers and yet are valued at about the same multiple as Apple.”

Goldman downgraded Apple to sell in April and currently has a one-year price target of $80 on the stock, something Hall noted “would be an understatement to say that this call hasn’t worked.”

https://www.thestreet.com/investing/...-iphone-delays

Couple of gaps on the AAPL chart that are lower from here.