AAPL: Buying the Dips!

Quote from gobar:

with $140 billion in cash and growing each quarter i think its a good time to buy and average it down if you want to make 50 % in next 3 to 5 years...
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And if wrong lose your butt, wonderful way to trade.....
 
Quote from daniel33:

And if wrong lose your butt, wonderful way to trade.....
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Agree 100% . Averaging down on a stock in a strong downtrend is foolish. I did this many times back in the day and would always try and rationalize that the stock was cheap and still had a lot of growth. Of course I was a technical guy and was using the valuation as an excuse. Bottom line: averaging down are for trades that went bad and a trader that didn't utilize a proper stop strategy.
 
Quote from NY_HOOD:

Agree 100% . Averaging down on a stock in a strong downtrend is foolish. I did this many times back in the day and would always try and rationalize that the stock was cheap and still had a lot of growth. Of course I was a technical guy and was using the valuation as an excuse. Bottom line: averaging down are for trades that went bad and a trader that didn't utilize a proper stop strategy.
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We all did back in the newbie days, then we learn by the scars...
 
Quote from gobar:

with $140 billion in cash and growing each quarter i think its a good time to buy and average it down if you want to make 50 % in next 3 to 5 years...
More...

-10

whats that giant sucking sound.........?

:D
 
Sad to see AAPL go down

They [Jobs] have given the world some great stuff- let's be honest here! So good that others want to steal/imitate it.

What's that saying about "imitation is.." ?!

Let's not forget they have a lot of cash. A lot of flexibility.

AAPL will live to fight another day! Take that to the bank.
 
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