I bought 10 shares my freshman year, at 70. Sold half of them when it hit 140 the first time. Now I'm just letting what I have left ride the market til I graduate - maybe even longer. Either way, its all profit to me now.
Bought at $140... dead even. Friend told me to sell at $200. I said I was going to wait till Macworld, at least the day before.Kicking myself for not listening. Will put a trailing stop to sell at anything over $180 (Should have done that for $190 before)You make that kind of profit, you've got to take at least part of your position off the table... take your profits. Worrying about missing the top will make you broke.
Closed AccountJan 25, 2008
Why aren't ipods selling as much? Because everyone already has one.
dreamtigerJan 25, 2008
Cramer is an idiot. This is a great time to buy AAPL.
mk2jaJan 25, 2008
I bought 10 shares my freshman year, at 70. Sold half of them when it hit 140 the first time. Now I'm just letting what I have left ride the market til I graduate - maybe even longer. Either way, its all profit to me now.
edwardsnhJan 26, 2008
Bought at $140... dead even. Friend told me to sell at $200. I said I was going to wait till Macworld, at least the day before.Kicking myself for not listening. Will put a trailing stop to sell at anything over $180 (Should have done that for $190 before)You make that kind of profit, you've got to take at least part of your position off the table... take your profits. Worrying about missing the top will make you broke.
edwardsnhJan 26, 2008
Good point, but I'm digging you down 'cause I own AAPL and I don't want people to hear you making sense and sell ;)
gjscdsJan 31, 2008
Greed's a bad thing. The only profit in your pocket is the one your take (by selling the stock).