Who owns Apple stock? - DPChallenge Forums

11/09/2012 04:05:35 PM · #51

Anybody pull the trigger? I'm still holding.

Canon EOS-5D Mark IV

11/09/2012 04:13:10 PM · #52

Still holding and going to buy more soon.

01/15/2013 12:23:24 PM · #53

$485.... Apple is shitting the bed.

I'm still holding, but now I'm at a loss and don't feel so good about it. Supposedly the news that Apple has cut orders to parts suppliers for the iPhone5 hasn't gone over well with investors. I'm hoping that real sales numbers will come out soon to push the SP back up.

Melethia

Canon EOS-80D

Nikon AF-S Nikkor 70-200mm f/2.8G ED VR II

01/15/2013 02:18:28 PM · #54

I apologize. My fault. I bought last week. I will wait to lose a bit more, then sell, and it will rebound nicely!

IAmEliKatz

Nikon D5

01/15/2013 02:39:52 PM · #55

I bought in at 137 so I'm not going anywhere. I may just buy some more :)

Nikon AF-S NIKKOR 24-70mm f/2.8G ED

01/15/2013 02:48:41 PM · #56

Originally posted by Melethia:

I apologize. My fault. I bought last week. I will wait to lose a bit more, then sell, and it will rebound nicely!

That's my technique!

Neil

Fujifilm X-T30

01/15/2013 03:01:20 PM · #57

I sold half of mine somewhere in the mid 600's. I wish I had sold it all!

But it's all profit at this point. Just a matter of whether it's still a good investment, and I think it is.

Nikon AF-S DX Zoom-Nikkor 18-55mm f/3.5-5.6 ED

01/15/2013 04:29:43 PM · #58

Originally posted by Neil:

I sold half of mine somewhere in the mid 600's. I wish I had sold it all!

But it's all profit at this point. Just a matter of whether it's still a good investment, and I think it is.

I have always found knowing when to sell is much, much harder than knowing when to buy.

Apple iPhone 5

01/15/2013 05:07:33 PM · #59

Originally posted by Strikeslip:

$485.... Apple is shitting the bed.

I'm think of buying an iPhone 5 - That should raise the share price to $485 + $300 = $785 or so.

Message edited by author 2013-01-15 17:07:46.

RayEthier

Canon EOS-5D Mark II

Canon EF-S 18-55mm f/3.5-5.6 USM

01/16/2013 05:28:47 AM · #60

Originally posted by DrAchoo:

I have always found knowing when to sell is much, much harder than knowing when to buy.

Yes indeed... how well I remember having purchased shares in Briex... for a while I was quite comfortable.

As they say: "C'est la vie" :O)

Ray

Apple iPhone 5

Nikon AF-S DX Zoom-Nikkor 18-55mm f/3.5-5.6 ED

01/16/2013 05:37:42 AM · #61

Originally posted by RayEthier:

Yes indeed... how well I remember having purchased shares in Briex... for a while I was quite comfortable.

Never trust Canadian geologists.

Mike

Canon EOS-5D Mark II

Tamron SP 24-70mm f/2.8 Di VC USD Canon Mount

01/16/2013 07:31:08 AM · #62

Originally posted by Strikeslip:

You should have sold the minute Jobs passed away, as all vision of that company died with him. Apple nearly died once and he came back and resurrected it, he wont be around to do it again.

01/16/2013 09:29:48 AM · #63

Originally posted by RayEthier:

Originally posted by DrAchoo:

I have always found knowing when to sell is much, much harder than knowing when to buy.

Yes indeed... how well I remember having purchased shares in Briex... for a while I was quite comfortable.

As they say: "C'est la vie" :O)

Ray

I have two stocks at the moment that went to nearly zero over night. They were gambling stocks, so I didn't lose more than I could afford, but it still hurts a lot. C'est la vie.

01/16/2013 09:29:59 AM · #64

Originally posted by JH:

Originally posted by RayEthier:
Yes indeed... how well I remember having purchased shares in Briex... for a while I was quite comfortable.

Never trust Canadian geologists.

HEY!

Tamron SP 24-70mm f/2.8 Di VC USD Canon Mount

01/16/2013 09:38:29 AM · #65

Originally posted by mike_311:

You should have sold the minute Jobs passed away, as all vision of that company died with him.

The stock doubled since then.

Mike

Canon EOS-5D Mark II

01/16/2013 10:42:29 AM · #66

Originally posted by scalvert:

Originally posted by mike_311:
You should have sold the minute Jobs passed away, as all vision of that company died with him.

The stock doubled since then.

just proves the investors have no idea what they are doing :)

01/16/2013 11:24:51 AM · #67

Originally posted by scalvert:

Originally posted by mike_311:
You should have sold the minute Jobs passed away, as all vision of that company died with him.

The stock doubled since then.

This is only partially true. If you had sold at the tippy top you would have almost doubled your money. From the date of Job's death to today AAPL is up 30% which doesn't sound bad except the S&P is also up exactly 30% from that date and represents much less volatility and risk.

jeger

01/16/2013 11:34:01 AM · #68

Sold all mine a while back for 15% gain.

Now contemplating buying again since the stock is staring to look reasonably priced. Tough call.

01/16/2013 12:16:25 PM · #69

Originally posted by DrAchoo:

This is only partially true. You are no less cherry picking by comparing today's prices. AAPL has outperformed the S&P by 20% or more for nearly all of the past year. The pinnacle of AAPL sentiment occurred after Steve Jobs passed away, and the stock dipped slightly below that date's price for only a few weeks out of that 17 months, so selling on news of his death would have been an extremely unwise investment strategy.

Message edited by author 2013-01-16 12:43:35.

jeger

01/16/2013 12:49:42 PM · #70

Scalvert, do you think it's a good time to pick up more stock?

01/16/2013 01:06:38 PM · #71

Originally posted by scalvert:

Originally posted by DrAchoo:
This is only partially true. If you had sold at the tippy top you would have almost doubled your money. From the date of Job's death to today AAPL is up 30% which doesn't sound bad except the S&P is also up exactly 30% from that date and represents much less volatility and risk.

This is only partially true. You are no less cherry picking by comparing today's prices. AAPL has outperformed the S&P by 20% or more for nearly all of the past year. The pinnacle of AAPL sentiment occurred after Steve Jobs passed away, and the stock dipped slightly below that date's price for only a few weeks out of that 17 months, so selling on news of his death would have been an extremely unwise investment strategy.

Well, it's not really cherry picking because it would represent someone who hadn't done anything with their stock. Like I said above, it's easier to know when to buy, it's harder to know when to sell. If you have stock that you owned on 10/5/2011, you'd be up 30% in that period, equal with the S&P. How am I being unreasonable pointing that out? If you had been wise/lucky enough to sell at 700 you'd be up a nice profit (but THAT'S cherry picking). I'd also be cherry picking if I pointed out that someone who bought at the top (702) and sold today (504 at the moment) would be down 28% (that wouldn't really be very helpful to point this out).

Interestingly the stock really dropped 10% in the two weeks BEFORE his death. This probably means you and I never know as much as the institutional guys and we'll always be behind the curve.

Message edited by author 2013-01-16 13:13:57.

jeger

01/16/2013 01:13:26 PM · #72

Originally posted by DrAchoo:

This probably means you and I never know as much as the institutional guys and we'll always be behind the curve.

Unfortunately this is the case.

01/16/2013 01:16:26 PM · #73

Originally posted by jeger:

Originally posted by DrAchoo:
This probably means you and I never know as much as the institutional guys and we'll always be behind the curve.

Unfortunately this is the case.

Which is why I'm starting to swear off stock and just go with index funds. I own one stock (RIG) and it's a funny comparison to AAPL. In the same period since Job's death it has mainly been under the S&P but is rising lately and is just a few points below where S&P and AAPL sit. So which stock is ultimately better? One that has a meteoric rise and fall or one that has a fall then rise? Don't know if I really know the answer on that one.

01/16/2013 01:25:01 PM · #74

Originally posted by jeger:

Scalvert, do you think it's a good time to pick up more stock?

Absolutely. The December quarter was almost certainly a blowout since Apple products were 4 of the top 5 items on Christmas wish lists this year. Literally every family I know got an iSomething for Christmas, which didn't occur to me until two friends separately mentioned the same thing about every family they know. I would expect the stock to go up in anticipation of next Wednesday's [likely record] earnings numbers. Where it goes from there, however, is trickier and investors will be looking carefully at whatever they can glean from forward guidance. The iPad and iPhone will get updates sooner than usual, but nobody knows when or if we'll see an Apple TV, music subscription service, etc. The 3/4G versions of the iPads and iPhone 5 will begin selling in China this Friday, and I suspect a deal with China Mobile is coming soon. It may be a while before we know if Android market gains are real or smoke and mirrors since both platforms report their shipments as "sales," but Apple products sell through (or out) rapidly rather than sitting on shelves. Actually, I'd like to know how it's even possible for competitors to make significant gains given that Tim Cook's strength is supply chain, and Apple has routinely locked up most critical materials and manufacturing capacity in an effort to keep up with demand. We'll know some of these things in a week, but I consider the stock undervalued and low risk at the moment.