DavidScubadiver

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    • Tue May 13th 09:09 AM | Rating: 0 0
      Commented on:
      Apple: Taking Some Chips Off the Table at Current Prices
      I am certain that those who criticize a sale at any price would have been critical of people who chose to sell at $200. Its idiotic to criticize someone for selling a stock. Stocks are worthless, essentially, until they are sold. There is nothing wrong with taking a profit. Though there is nothing wrong with holding on to a winning stock either.
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    • Thu May 8th 08:49 AM | Rating: 0 0
      Commented on:
      The 'Melt-Up' Rally Continues
      Yesterday I owned 415 shares. Today I own 315. Why the sale? Because I had bought shares during the mini correction, after holding on to shares at $200. It was a nice gamble and I made a good chunk of change (or reduced my average cost, I suppose) as it climbed back up to 185. But I don't feel comfortable having $75,000 of any one stock. Maybe that means I'll never be super-rich, but I already feel a bit (or a gigabyte!) overweighted in Apple. I love the company's products. I love the company's stores. After two years as an investor, I broke down and bought my first apple product. I think the successful investment pushed me to the Mac Pro because I felt like the company made me rich. :)
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