Whoa, look at Apple's stock...

Discussion in 'Off Topic Chat' started by Trenton Romulox, Jan 23, 2008.

  1. Trenton Romulox

    Trenton Romulox TPF Noob!

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    At last check, Apple's stock was down 17.85% today! It was over $200/share just a month ago, and now it's down to $128. I might keep an eye on this and invest every cent I have into Apple...
     
  2. Big Mike

    Big Mike I am Big, I am Mike Staff Member Supporting Member

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    What goes up...must come down.
     
  3. Trenton Romulox

    Trenton Romulox TPF Noob!

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    And when we're talking about Apple...what goes down, will come up...you see where I'm comin' from? This time of year is always when their stock goes down, and it skyrockets September-December. So, I am gonna keep an eye on the stocks and when they seem to be at their lowest (guesswork), I'll jump in and hold the stocks until the Fall and see where I stand.
     
  4. Big Mike

    Big Mike I am Big, I am Mike Staff Member Supporting Member

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    Maybe a good idea.

    The problem is that it probably won't go up again, like it did...unless they exceed expectations....and with their recent successes...the expectations will be high.
     
  5. Trenton Romulox

    Trenton Romulox TPF Noob!

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    Hmm, interesting point. It's a tough decision. Stock market = tough.
     
  6. Big Mike

    Big Mike I am Big, I am Mike Staff Member Supporting Member

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    Hey, if it was easy...we would all be rich.

    I just got a statement for last year's RRSPs and it wasn't nearly as good I would have liked :(
     
  7. Sideburns

    Sideburns TPF Noob!

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    Don't invest anything you don't have...or that you need. My parents have been screwed on stocks before.
    10k into Bre-x much?

    Thing is...if my dad sold when he wanted, we'd be millionaires. Problem was the guy who was also in with us...told us he didn't want out and to just wait a bit longer...ahaha. we lost everything we put into it.
     
  8. Trenton Romulox

    Trenton Romulox TPF Noob!

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    Ouch. That sucks. And that happens, to a lot of people, lose everything they've got.

    I just figure, whilst I'm young and free of bills to pay, I should try and make some money, see how it goes.
     
  9. Cappahayden

    Cappahayden TPF Noob!

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    Bre-X is quite a different story. It was a total scam. The stock rose through the roof from reports of a massive gold find by the mining company in Indonesia, which turned out to be a totally fraudulent claim. If you had to of sold when it was way up there, you would only be spending the money of many many more who were scammed and ripped off. However I'm not happy that your family was duped either.
     
  10. HASHASHIN

    HASHASHIN TPF Noob!

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    put your money in commodities
     
  11. domromer

    domromer TPF Noob!

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    Buy land, they aren't making any more of it.

    My wife and I have been buying land surrounding Tucson and Phoenix for 10 years now.

    You don't even want to know what it's worth now.
     
  12. Trenton Romulox

    Trenton Romulox TPF Noob!

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    Umm...Yes, I do...what's it worth now?
     

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