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Apple to split stock this month

#15 User is offline   IamBob Icon

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Posted 11 February 2005 - 07:00 PM

Up $18,000...good job DustyMac and way to go Apple! /forums/ubbthreads/images/graemlins/cool.gif
We got in at about $30 and are up $16,000. /forums/ubbthreads/images/graemlins/grin.gif No vacation for us though, we'll hold until retirement.
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#16 User is offline   macnuke Icon

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Posted 11 February 2005 - 07:33 PM

one of the few good things in life I am happy i did..
1989.. dropped $1500 into aapl@15.. and never let it go.. all for my retirement.
otherwise, I am still poor heh heh /forums/ubbthreads/images/graemlins/grin.gif
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#17 User is offline   macFanDave Icon

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Posted 12 February 2005 - 09:34 AM

In reply to:

Apple on Friday announced that its Board of Directors has approved a two-for-one split of its common stock.


Thank you, Mr. President! And thank you to everyone else on the board, too!

I bought my first shares at about 17 (split-adjusted 8.50 and, in a few weeks, 4.25 or so) when Apple stock was rated as an "Avoid". It's funny of what became of the stocks that I chose logically, with the enthusiastic support of the so-called analyst community.


    [*]Compaq: went up sharply after I bought it, then collapsed and I got out at breakeven.

    [*]Pfizer: Had a good run for a while (particualrly with Viagra), but that couldn't keep the price up indefinitely. Sold it for about 30% more for than it is currently trading for.

    [*]Qwest: Trading at a fraction of what I paid. I think they had some accounting fraud, but not as big as...

    [*]WorldCom: 'nuff said.

    [/list]

    I wish there were another product of service that I feel as strongly about as I do about my Mac, I'd like to see whether this "buying with your heart" technique can generally beat "buying with your head" (or more realistically, buying what the "analysts" heads are spewing).


    If Bush v. Gore didn't become the Dred Scott case of the 21st Century.
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#18 User is offline   maint1 Icon

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Posted 13 February 2005 - 11:53 AM

I keep asking myself the same question. Oh well. Perhaps I'll have stock in AAPL when it splits again in 2010.
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#19 User is offline   bones21 Icon

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Posted 13 February 2005 - 07:13 PM

So is anyone else going to buy at 81.xx tomorrow morning /forums/ubbthreads/images/graemlins/grin.gif
Any ideas at what it will peak at ?
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#20 User is offline   IamBob Icon

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Posted 14 February 2005 - 10:11 AM

Or 83.xx (now that it's "tomorrow")? /forums/ubbthreads/images/graemlins/smirk.gif
Only amateurs would buy now, sorry. I'd wait until mid August or so (Tiger will have been out awhile, WWDC will have come and gone, etc)...and then hold until the January peak for a modest but quick return. /forums/ubbthreads/images/graemlins/cool.gif
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#21 User is offline   Nobody Icon

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Posted 14 February 2005 - 03:02 PM

In reply to:

So is anyone else going to buy at 81.xx tomorrow morning?
Any ideas at what it will peak at ?

I've been selling off all of my other stock and emptying all savings accounts and buying as many shares as I can. I have it from a reliable source that it's going to peak at $203.47 (and that's after the split).
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#22 User is offline   bones21 Icon

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Posted 14 February 2005 - 09:42 PM

In reply to:
So is anyone else going to buy at 81.xx tomorrow morning?
Any ideas at what it will peak at ?
I've been selling off all of my other stock and emptying all savings accounts and buying as many shares as I can. I have it from a reliable source that it's going to peak at $203.47 (and that's after the split).
Very humorous, hahaha... that almost didn't piss me off
/forums/ubbthreads/images/graemlins/smirk.gif
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