Posted November 29th, 2004 @ 05:48pm by Erik J. Barzeski
Jeezus. I have 57 shares bought at $16.20. Value then: $923.40. Value today: $3901.08. I'm waiting until at least January (new tax year) to sell 'em. Then, the money goes right into a house. So, I hope it hangs over $60 for at least another 45 days or so.
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Posted 29 Nov 2004 at 10:43pm #
When I was short money this summer I sold the APPL shares I bought 3 years ago (at 19$) for 33$ - a nice profit.
But I feel like a fool now.
Posted 30 Nov 2004 at 1:26am #
I bought a good number at $14 and sold at $23 as I wasn't expecting it to climb any higher. Fortunately my father who was following my advice bought a ton at $12 and has yet to sell them. Too bad it is only a paper profit currently, I fear that we could be in for a big fall somewhere here.
Posted 30 Nov 2004 at 1:15pm #
I bought Apple years ago at about $19 when everyone was saying Apple was going down the toilet (okay when weren't they saying that). Being like 13 I had enough to buy 25 shares. A few years later Steve jobs was back aboard and Apple was back. I sold at $114 for enough profit to buy a car. Shortly after it split, then the tech bubble burst and Apple settled back to the teens and twenties. I would have liked to buy Apple stock again last year as I had a good feeling things were on the way up but college allows me no extra money to buy stocks. Still I am happy, I think I maximized profit off AAPL.
Posted 30 Nov 2004 at 11:48pm #
Alex,
You're not a fool. You made money. Any trade where you make money is a good trade.
You can't worry about if you sold at the 'wrong' time. There's nothing to gain and it will drive you crazy.
Posted 01 Dec 2004 at 12:23am #
Like Alex, we sold all of our Apple shares last year, for financial purposes. Because we had bought the shares at various levels, I think the best we did was even out in the end.
Erik, I would have advise to wait until after Macworld Expo to see if the stock price gets a post-convention bounce. 😉
Posted 01 Dec 2004 at 12:41am #
I'm hoping they cancel Macworld Expo. Everyone knows AAPL goes down whenever the company holds an expo or beats predictions. 😀