Quote:
Originally Posted by FanIn80
And, as an aside, are Apple stocks even worth tracking anymore? I mean, at over $250/share, who can realistically afford to buy enough of them to really capitalize on any gains moving forward?
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I never understood why people in general are scared of high stock prices.
I purchased AAPL about 4 months ago at around 205, sold it about 2-3 weeks ago when it first broke 260.
I didn't look at it as making $55 a share. I looked at it as making 26% on my X dollars of initial capital.
Does it matter if you have 1000 shares of a $10 share or 100 shares of a $100 stock?
There will be questions of liquidity, (look at berkshire A shares), but AAPL is a very liquid stock.
Anyways, end of my rant.
If you're looking into the stock, baring major stock market collapses, now is a good time to buy AAPL with the upcoming sales of iPad in the global market and with some rumors regarding the iPhone.