Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. idfnl

    idfnl Senior member

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    +1

    Think if it as owning 100 shares of a $5.85 stock




    "Morgan Stanley, the uber Bull of Apple (NASDAQ:AAPL) is raising their Bull case PT to $960 this morning"

    There's never been a stock like this before. Its a unique case and a unique moment. Yieezle is a fool not to but it.
     
  2. GreenFrog

    GreenFrog Senior member

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    I'm thinking about selling my fucking ARR shares and just using the entire proceeds to double down on AAPL while it's still cheap.

    Edit: How fitting that ARR closed @ 6.66 today.
     
    Last edited: Mar 14, 2012
  3. Slopho

    Slopho Senior member

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    ^ Think about it. Invest, don't trade.
     
  4. yjeezle

    yjeezle Senior member

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    it's different owning 100 5.78 because for a 100 shares of a 5.78 stock, i can take some "profit" here and there or move the cash around rather than having to exit and enter positions every time.

    i'm also dubious the whole apple thing...
     
  5. idfnl

    idfnl Senior member

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    Ha ha

    Cant be that bad. The stock hasnt been above 7.25 in a year.

    Dump it and move the money to NLY. Its below where I bought it.
     
  6. idfnl

    idfnl Senior member

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    If you doubt dont buy. I get what you are saying but seriously man, how can you really move $500 around?

    In fact it might benefit you not to be able to move it around so you dont lose on commissions.
     
  7. GreenFrog

    GreenFrog Senior member

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    1 year from now, you're going to remember posting this and have the biggest face palm moment of your life.

    I can guarantee you this 99.99%.
     
  8. GreenFrog

    GreenFrog Senior member

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    No dude.. It's THAT bad. It comprises almost 50% of my entire portfolio. I'm entitled to one dividend payment but I think I'm going to wait for the shares to bounce back a little and then sell and buy AAPL.

    I am an AAPL fanboi; not an Apple fanboy.
     
  9. melwoesblvd

    melwoesblvd Senior member

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    fuck GES and fuck all the analysts hyping it before earnings.
     
  10. idfnl

    idfnl Senior member

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    Don't want to sound peckish but you were asking for trouble. 50%, that's gambling, not investing

    IMO trim the position NOW. Your at risk of another drop. It could rebound but I wouldn't take that risk. So many great plays out there, you'll get it back.
     
  11. GreenFrog

    GreenFrog Senior member

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    I have a high risk tolerance.

    Apple is now worth more than 50% of my entire portfolio. And I'm not regretting that one bit.

    :)
     
  12. CYstyle

    CYstyle Senior member

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    :) unless I buy appl shares. Whatever I buy is guaranteed to drop hehe
     
  13. GreenFrog

    GreenFrog Senior member

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    then please buy some bac. i missed that train.
     
  14. CYstyle

    CYstyle Senior member

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    up 12% in 3 days ~.~
     
  15. idfnl

    idfnl Senior member

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    NOOOOO

    Up 63% as of today.
     

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