Apple Shares To Split Soon

911

Senior Member
Location
USA
As it stands now, that should make the price $106.25. I can’t believe that I sold at $197.00.
 

OneEyedDiva

Well-known Member
Location
Nrw Jersey
I paid about $92.75 for my shares, which are only a few so I'm sure I qualify for the split. If the shares are around the $106.25 as @911 surmised, I will definitely buy more shares knowing the potential for growth. Would you buy in again at that price 911? Friday the share price was $425.04.
 

911

Senior Member
Location
USA
I paid about $92.75 for my shares, which are only a few so I'm sure I qualify for the split. If the shares are around the $106.25 as @911 surmised, I will definitely buy more shares knowing the potential for growth. Would you buy in again at that price 911? Friday the share price was $425.04.
Buffet bought in at about the time that I sold. I said, “Oh, s—t,” to myself thinking that I made a serious mistake by selling. A few months later, Buffet sold and then another few months later, he bought back in. I know this doesn’t answer your question, so I will tell you straight out that if I can get in at between $106-120, a very affirmative ‘yes’ I will buy back in using the profits from my first go round.

As I see it now, Apple needs to bring out something new. Steve Jobs was an innovator and creator. Tim Cook has never shown to be anything like that. It’s time for Cook to start earning his high end salary. The only thing Cook has done is to take the iPhone and make it more of a hand held computer. He needs to step up or sell his shares and get out of the way.
 

OneEyedDiva

Well-known Member
Location
Nrw Jersey
Buffet bought in at about the time that I sold. I said, “Oh, s—t,” to myself thinking that I made a serious mistake by selling. A few months later, Buffet sold and then another few months later, he bought back in. I know this doesn’t answer your question, so I will tell you straight out that if I can get in at between $106-120, a very affirmative ‘yes’ I will buy back in using the profits from my first go round.

As I see it now, Apple needs to bring out something new. Steve Jobs was an innovator and creator. Tim Cook has never shown to be anything like that. It’s time for Cook to start earning his high end salary. The only thing Cook has done is to take the iPhone and make it more of a hand held computer. He needs to step up or sell his shares and get out of the way.
I remember when Buffet sold..didn't know he got back in. You will not have lost anything if the shares sell at or below the price you quoted so that's good. 🤑 I haven't been following Tim Cook much but I figured he's no Steve Jobs.
 

OneEyedDiva

Well-known Member
Location
Nrw Jersey
@911 and @oldmontana The day is upon us. The shares will split today after closing and trade at the new price on Monday Aug 31st, according to Apple's website. I expect the shares to go for about $125 at that time. AAPL is holding steady in the $500 range.
 

fmdog44

Well-known Member
Location
Houston, Texas
Original Poster
The final closing price for AAPL before the split was $499.23. It was $186.33 on May 14, 2020. I can't see buying it now because it has climbed as high as it has.
 
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OneEyedDiva

Well-known Member
Location
Nrw Jersey
@oldmontana. I decided put in my order before trading begun. Glad I did...at least so far. Price as of 12:41 p.m. ET is $129.26 per share. It showed as $125.06 when I submitted my order and my purchase price was $127.61/share.

@fmdog44 Before the split is was $499.23 when the market closed on Aug. 28th according to Apple's Investor website.
 
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OneEyedDiva

Well-known Member
Location
Nrw Jersey
9/03/20 AAPL down 8 %+ @$120.81 "Just when you thought it was safe to go in the water...."
For buy and hold investors, that's nothing. I will probably never trade or cash in my shares which means my son and oldest grandson will get to benefit from any increase. I'm hoping I live at least another 10 years. Apple was up almost 500% in half that time. I'm expecting it will perform well in the future despite all the dips and trips.
 

fmdog44

Well-known Member
Location
Houston, Texas
Original Poster
Buy & hold is fine but there are times to take some profits and that time in my opinion is now especially with stocks like Amazon, Tesla and Apple.
 

OneEyedDiva

Well-known Member
Location
Nrw Jersey
Buy & hold is fine but there are times to take some profits and that time in my opinion is now especially with stocks like Amazon, Tesla and Apple.
I see no sense in taking a profit (that I don't need) which would increase my taxes. The time is definitely not now for Apple considering they just did the split and has not had time to generate the 400 - 500% growth that took place (for me at least) before the split.
 

fmdog44

Well-known Member
Location
Houston, Texas
Original Poster
I see no sense in taking a profit (that I don't need) which would increase my taxes. The time is definitely not now for Apple considering they just did the split and has not had time to generate the 400 - 500% growth that took place (for me at least) before the split.
Had one taken some profits before this latest downturn (and there are many) that person would not worry about paying taxes compared to the losses they have taken. You don't take profits because you have bills to pay rather to anticipate a downturn (correction) after a lengthy upturn. That money then goes to another investment that has fallen or buying back in to the one you own that has fallen 20-30%. Look at Tesla for example up around 500% but has fallen sharply recently. If I owned a stock up 500% I would aggressively taken profit. There is nothing wrong with increasing your cash position now as many advisors urge investor to consider. I stated before this down turn I would not but Tesla or APPL and wisely so. "Buy on dips."
 
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OneEyedDiva

Well-known Member
Location
Nrw Jersey
Had one taken some profits before this latest downturn (and there are many) that person would not worry about paying taxes compared to the losses they have taken. You don't take profits because you have bills to pay rather to anticipate a downturn (correction) after a lengthy upturn. That money then goes to another investment that has fallen or buying back in to the one you own that has fallen 20-30%. Look at Tesla for example up around 500% but has fallen sharply recently. If I owned a stock up 500% I would aggressively taken profit. There is nothing wrong with increasing your cash position now as many advisors urge investor to consider. I stated before this down turn I would not but Tesla or APPL and wisely so. "Buy on dips."
If someone who bought Amazon at the IPO price had taken profits when shares increased by 500%, they would have missed the stock increasing by 113,000% since it's IPO. That's the purpose of buy and hold, especially when it's great investment choice. You seem to miss the part about not selling during dips (and those of us who have been investing for a long time know to buy during dips...geesh!)
https://www.fool.com/investing/2019/11/24/if-you-invested-500-in-amazons-ipo-this-is-how-muc.aspx
 
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fmdog44

Well-known Member
Location
Houston, Texas
Original Poster
If someone who bought Amazon at the IPO price had taken profits when shares increased by 500%, they would have missed the stock increasing by 113,000% since it's IPO. That's the purpose of buy and hold, especially when it's great investment choice. You seem to miss the part about not selling during dips (and those of us who have been investing for a long time know to buy during dips...geesh!)
https://www.fool.com/investing/2019/11/24/if-you-invested-500-in-amazons-ipo-this-is-how-muc.aspx
You are trying to create a worst case scenario. You fail to address where the money that you get from taking profits goes - not in a shoe box. Singling out Amazon as one example from thousands of stocks is silly. Why not look a energy stocks where there are no profits? You buying an holding them as well?
 

OneEyedDiva

Well-known Member
Location
Nrw Jersey
You are trying to create a worst case scenario. You fail to address where the money that you get from taking profits goes - not in a shoe box. Singling out Amazon as one example from thousands of stocks is silly. Why not look a energy stocks where there are no profits? You buying an holding them as well?
Honestly your rationale makes no sense. First of all holding a stock to 113,000% rather than cash out at 500% is a best case scenario IMO, it yields hundreds of thousands more (or didn't you read the article?). I used Amazon to make a point which you obvious,y missed. Anyway it would be pretty impossible to list all stocks...wouldn't it?! I favor mutual funds and ETFs. I only have 2 individual stocks..AAPL & Facebook. Why concern yourself with how I manage my investments? I don't need them to live on so why should I make unnecessary trades?
 
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fmdog44

Well-known Member
Location
Houston, Texas
Original Poster
Honestly your rationale makes no sense. First of all holding a stock to 113,000% rather than cash out at 500% is a best case scenario IMO, it yields hundreds of thousands more (or didn't you read the article?). I used Amazon to make a point which you obvious,y missed. Anyway it would be pretty impossible to list all stocks...wouldn't it?! I favor mutual funds and ETFs. I only have 2 individual stocks..AAPL & Facebook. Why concern yourself with how I manage my investments? I don't need them to live on so why should I make unnecessary trades?
Why do you think I care anything about your investments? MFs & ETFs? Really?!
 

OneEyedDiva

Well-known Member
Location
Nrw Jersey
Why do you think I care anything about your investments? MFs & ETFs? Really?!
Why? Here were your replies to me. "You don't take profits because you have bills to pay rather to anticipate a downturn (correction) after a lengthy upturn. That money then goes to another investment that has fallen or buying back in to the one you own that has fallen 20-30%."
and
"You fail to address where the money that you get from taking profits goes - not in a shoe box."
 


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