Talking stocks, trading, and investing in general

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

  1. CYstyle

    CYstyle Senior member

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    Yeah long term I think bac has room to grow. just playing a little day trading with the resistance at 10 :D
     


  2. GreenFrog

    GreenFrog Senior member

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    Apple sold 3 million ipads since friday.

    I love this stock :)
     


  3. idfnl

    idfnl Senior member

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    3,000,000 x $500 = 150m in revenue over a weekend.

    Who does that?
     
    Last edited: Mar 19, 2012


  4. GreenFrog

    GreenFrog Senior member

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    Unbelievable.. and apple finally broke through the psychological barrier of $600! :slayer:

    And that's 1.5 billion in revenue, not 150M :p
     
    Last edited: Mar 19, 2012


  5. idfnl

    idfnl Senior member

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    Um, thats what I meant :embar:

    Man if you day traded apple today... it went from 587 to 606 pre market to 590 and 603 again. Enough profit for a vacation right there.
     


  6. GreenFrog

    GreenFrog Senior member

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    Who here holds the most shares of Apple?
     


  7. sns23

    sns23 Senior member

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    And 500 is the cheapest ipad. The average ipad sale is around 650.
     


  8. stevent

    stevent Senior member

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    I use to have thousands when I was younger and the shares were $4 :lol:

    Now not so much :violin:
     
    Last edited: Mar 19, 2012


  9. CYstyle

    CYstyle Senior member

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    I have 0 :D have to diversify :p I live in Cupertino if apple dies home prices here will drop with it
     


  10. stevent

    stevent Senior member

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    Haha yeah I was looking at some of the new housing developments in SOMA, kinda want to buy one before all these Facebook paper millionaires become real ones. Can't afford it yet though
     


  11. idfnl

    idfnl Senior member

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    Day trading KORS today

    Wildly up to 47.5 premarket to 44.3 this morning. Plenty of room for some profits in that range. In at 44.8.
     


  12. idfnl

    idfnl Senior member

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    Nice trade so far. Bought at 44.86 and 45.40, hit 48.40 right before the bell. Gonna ride it overnight as I expect the market to bounce tomorrow and the chart still looked really strong.
     


  13. GreenFrog

    GreenFrog Senior member

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    I would sell it as soon as the market opens tomorrow.
     


  14. idfnl

    idfnl Senior member

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    Why?

    I usually close a day trade the same day, dont want to be exposed to any overnight news but look at that chart, its full of run.
     


  15. GreenFrog

    GreenFrog Senior member

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    True, but in my experience, a stock that has run up due to higher-than-expected earnings typically gets cashed out pretty soon as investors take their money and run (haven't seen this with AAPL, though).

    And the AH trading shows that it's set to open lower tomorrow.
     
    Last edited: Mar 20, 2012


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