Modern Vespa

Should I stop the bleeding and dump my Apple stock.
Any reason to hold on?

You need to talk to a Certified Financial Advisor - not us yahoos.

Well my Certified Public Asshat told me to buy the stuff.

Asking for financial advice on a scooter forum is kind of like a lot like asking for scooter advice from your financial adviser.

Given the current volatility in the markets, a single stock that moves up and down in the same consistent pattern over a period of years seems like an okay bet.
But, whatever, you know, go ahead and panic sell.

That being said, imo, this yahoo would tell you your financial advisor is right on the money if he's telling you to buy AAPL now.

If you think Apple is a bad option for the next 6-18 months, that's up to you. YMMV.

Long term, I think Apple's got a great combination of brand, design and technology. FWIW, I look for the stock to appreciate long-term, even if/when Steve leaves The Building through health issues or retirement.

I interpreted aldo's statement as his financial adviser told him to buy it a ways back, when it was high.

As the English equivalent of a CPA (now retired) I would have thought that you have already lost much of the value of your Apple shares, although there may be a little more to go. My general advice would be that now is a good time to buy shares not sell them, as long as you are prepared to wait for a few years to show some decent profits.

Finally were you advised to buy only Apple shares? Any decent adviser should have suggested you spread your risk by having a portfolio of of 8 to 12 shares spread across various sectors, otherwise you are taking a high risk even in normal times.

Nick

They have great commercials?

most analyst still believe $150-200
they should be releasing their 3rd quarter results soon and most analyst think they will be better than their target.

My opinion (not professional by any means) is its at a low and i wouldn't sell....but if it gets back up to 125 and your scared of it then maybe rethink then.

Your not suggesting scooterist aren't capable of giving advice on other subjects are you?

Seems to me that picking the best time to buy and sell is something of an art... unless one has inside information

And if one had either,
I don't see why they'd share it here

If you dont need the money now. Why lock-in your losses. It's just math. Don't get emotional. Financial are out after the market closes today.

Do whatever gives you peace of mind.

Personal opinion - there's nothing inherently wrong with AAPL at the moment, it's just caught up in the current world financial clusterfrak.

If you're losing sleep - then get out for your own peace of mind. If you can afford to ride it out though... AAPL will come back.

I'll trade you my Ford stock for it.

Once you sell it, it's a guaranteed loss.

+1. Look at your market history, every dive comes back up. We've actually bought some stock recently in the hopes that it will go back up, not a lot of stock, mind you, but some.

Apple is not a bad stock, it never has been. I'm telling everyone to just hang on to theirs. All of these people who are dumping their 401K and moving them and stuff like that? Ooooh. You'll be sorry.

That's my opinion. With that and seventy-five cents you can buy a pop.

Everybody's financial advisor told them to buy when the market was sky-high. Mine sure did. It's the classic strategy for losing money. In the business, it's called, "Chasing the Highs."

I've been buying it lately.

jacqui

Buy low Sell high.

I'm an Advisor (20 years), but I'm also a yahoo (46 years).

Or when he was high....

Up 11.7% in after hours trading based on above predicted profits and iPhone market share.
So, you could sell now.

+1


I'm in for the long haul, but most of my shares were at $13 (employee purchase plan), and then it split.

[quote="L from Jersey"
Seems to me that picking the best time to buy and sell is something of an art... unless one has inside information

And if one had either,
I don't see why they'd share it here[/quote]

+1 agree with L from Jersey exactly.

It's sad that you're asking. Apple hit their 52 week low just eleven days ago. If your strategy is buy high, sell low, then dump it. If you're asking for stock advice on Modern Vespa, you're probably not in a position to utilize the capital loss...

In a word, NO. Don't dump it. Go to whatever site your broker has and look at the analyst ratings... Some will rate it a hold, most rate it a buy and some will rate it a strong buy. They all agree that AAPL will outperform the market.

I am currently getting hosed in Apple stock right now and I am not sure what to do either. Remember you do not lose until you sell.
Also look at Dollar Cost Averaging. The technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. More shares are purchased when prices are low, and fewer shares are bought when prices are high.

Also referred to as a "constant dollar plan".

Eventually, the average cost per share of the security will become smaller and smaller. Dollar-cost averaging lessens the risk of investing a large amount in a single investment at the wrong time.

For example, you decide to purchase $100 worth of XYZ each month for three months. In January, XYZ is worth $33, so you buy three shares. In February, XYZ is worth $25, so you buy four additional shares this time. Finally, in March, XYZ is worth $20, so you buy five shares. In total, you purchased 12 shares for an average price of approximately $25 each.

In the U.K., it is known as "pound-cost averaging".

you know, the way I see it at present, is that if you think you don't think the company is going to outright fail, there's no reason to run around dumping things.

Playing the market for short term gains sucks anyway.

Point is, Apple's not going anywhere at the moment, so... draw your own conclusions.

Warren Buffet's buying stocks now.

The only real good reason to toss AAPL now is if you think you've got a faster horse to put the $$ on. Do you?

Buy, buy, buy, if you have cash throw it all in an index fund. Cancel your newspaper and cable subscriptions and only read scooter forums for 6 months or more. Then look at your quarterly report and enjoy.

Speaking of Yahoo(s):
They laid off 1500 employees today.

Sheesh!

At least my 401k crept 4% the right direction in the last week.
(after already taking an 11% hit since October 1st)

[shrug]

I am set to buy 2000 shares of CNW tomorrow at 34.86 a share. I see an upside in this stock if their largest competitor goes out of business. It might not move right away and in reality it will likely go down a little more but I want to be in for the upside. In the end, I decided to go with my gut but I am pretty nervous.

11%???

Try 32%.

No, you are right. I think the lowest mine has gone was like 20%. I didn't actually do the math as it was hilariously depressing.

"Invest in a 401k", They said to me.
"Bwahahaha! But won't some evil overlord asshole find a way to take it from me?", I replied.
"No, you silly goose (patting me lovingly on my 'ittle ossified fontanelle)! 401k's are safe! Like the golden downy feathers around the asshole of a baby duck! Mmm, that's soft and comfy!"
"Well, ok, FINE. You make a compelling, if strange, case. I will end a lifetime of resistance and joint the herd", I replied.

And so what did the rich, evil, overlords do? They found a way to tank the entire market and take me and my piddly 401k investment with it. Ok, maybe I am oversimplifying things and perhaps the hit to my 401k is temporary (largely because I am relatively young person), but from a layman's view (that's me) this is what it looks like. They simply did an end-around to get at my "safe" 401K and fuck me. Not that I truly care! I figure that as a serf I am doomed either way. It's just amusing to see how it will all go down.

Carlin had it dialed in:
http://www.youtube.com/watch?v=oI5EY5kqiBU
(the relevant shit at approx. 1:40 and 3:25 and...shit, the whole clip is relevant)

My hero!

I've decided to stop opening all my mail associated with stock investments.
It goes straight in trash. Screw it.

Maybe I'll dig this thread up in 6 months, sooner if my meds wear off before then.

that's exactly what I have been doing (trying anyways) - any 'statement looking' piece of mail goes right to the shredder without me opening it - I'm not touching a thing for about 15 years anyways (I hope).

Exchange Traded Funds (ETFs) allow you to go short the market and make money when things go down They trade just like stocks.

Going short China using the FXP ETF is up 19% today.



I've got about 700 of them on a spreadsheet.