FARK.com: (7334132) Apple hits share price of almost an iPhone

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Duplicate of another approved link: 7333182

		Apple hits share price of almost an iPhone (cbc.ca)		16
		More: Interesting, iPhone

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16 Comments (+0 »)

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AirForceVet		2012-09-18 04:09:13 PM

Is that an iPhone 5 with 64GB or less?

mysticcat		2012-09-18 04:10:25 PM

I have a bunch of aapl with ave cost of 282. Want to take some profit, but good grief the fundamentals are still outrageous.

moravaman		2012-09-18 04:37:31 PM

The greater fool lives

skullkrusher		2012-09-18 04:37:49 PM

mysticcat: I have a bunch of aapl with ave cost of 282. Want to take some profit, but good grief the fundamentals are still outrageous.

I'm in at 248 and am getting really nervous but you're right. Damn.

mab1823		2012-09-18 04:38:07 PM

mysticcat: I have a bunch of aapl with ave cost of 282. Want to take some profit, but good grief the fundamentals are still outrageous.

Had a small chunk at about that price, and bought another chunk a few weeks ago at $618. Will it hit $1,000? I don't know if I have the stomach to see.

GameSprocket		2012-09-18 04:39:11 PM

I wanted so badly to buy stock at $13 a share back in the day, but I was fresh out of college and had no money.

Oh well.

Raging Whore Moans		2012-09-18 04:42:21 PM

So overpriced, and it doesn't even work with 90% of the portfolios out there!

skullkrusher		2012-09-18 04:43:33 PM

mab1823: mysticcat: I have a bunch of aapl with ave cost of 282. Want to take some profit, but good grief the fundamentals are still outrageous.

Had a small chunk at about that price, and bought another chunk a few weeks ago at $618. Will it hit $1,000? I don't know if I have the stomach to see.

I'm considering call spreads. Right now you can do the November '12 700/715 bull spread for about $750 max loss, $750 max gain.
Getting nervous holding the stock

JohnAnnArbor		2012-09-18 04:45:23 PM

A lot of this is psychological, with a high individual-share price. I wonder if they'd have a higher valuation now if they'd split the stock one or twice in the last decade.

Badafuco		2012-09-18 04:51:24 PM

Do you have to almost pre-order this almost iPhone you speak of?

fluffy2097		2012-09-18 04:52:12 PM

Like apple or not... there is nowhere to go but down.

mab1823		2012-09-18 04:54:38 PM

GameSprocket: I wanted so badly to buy stock at $13 a share back in the day, but I was fresh out of college and had no money.

Oh well.

I remember looking at AAPL at $78 and thinking, "Too much."

Principal Clarinet		2012-09-18 04:55:40 PM

Repeat

Link

OriginalGamer		2012-09-18 04:58:10 PM

fluffy2097: Like apple or not... there is nowhere to go but down.

...said people a decade ago.

cyberspacedout		2012-09-18 05:07:16 PM

skullkrusher: mysticcat: I have a bunch of aapl with ave cost of 282. Want to take some profit, but good grief the fundamentals are still outrageous.

I'm in at 248 and am getting really nervous but you're right. Damn.

Got me some at an average of 203, but I'm sure I didn't have the guts back then to buy as many shares as you guys might have. I'm seriously wondering how long to ride this one, too... I've heard doomsayers worried about the stock market coming into the fall, but who knows? All I've heard about AAPL is that insiders haven't been buying much over the last year.

seadoo2006		2012-09-18 05:10:48 PM

mab1823: GameSprocket: I wanted so badly to buy stock at $13 a share back in the day, but I was fresh out of college and had no money.

Oh well.

I remember looking at AAPL at $78 and thinking, "Too much."

I was given ten shares back in 2002 as an 8th grade graduation gift from my parents ... Purchase price: $11.65 ... a $116 gift that is now worth over $7000 ... god damn, maybe I should sell. The laws of growing returns I think are over for me.

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