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Is AAPL a sell at these new highs
One of the guys from Shark Tank was on cnbc today saying he has been selling aapl for a month
Im up 60% since the split Time to sell? |
I'd sell enough to make a good profit and hang on to some, I think the Apple shares still have a way to go to reach top.
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i doubled my money with them - 102% today
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Depends what type of trader you are. For a trend trade you would hold until it broke major support. I just exited AAPL on a swing trade and started positions in utilities and bonds because they are showing signs of strength again.
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Don't try to time the market.
It can stay insane for a long time. Reallocate according to your level of risk. Sleep good at night Fuck trading. |
I would sell some. They don't have any revolutionary products coming up soon so I doubt the valuation can maintain where its at now. Once people have an iPhone, iPad and macbook they keep them and not going to buy another new Apple product for a few years.
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I picked up a lot of shares when the phone came out and have held through all the ups and downs. After the split I've debated selling some of my shares because of volume of I am holding scares the shit out of me.
Yesterday, when it was @ 133, I can honestly say was the first time I ever thought about dumping some of my shares but with Apple pay, Apple Watch coming out (which I think people are underestimating), 2015 Q2 iphone6 sales are still very strong on track to do 50 million iPhones, the stock is still undervalued and has a lot more room to grow. I'm holding! |
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Apple are working on interesting stuff at the moment and everyone is in a frenzy trying to work out what. Then there's Apple Pay & Apple Watch entering new markets. I would sell some Apple to make profit and hold the rest as I think it still has a way to go. Quote:
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