chinacat
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AAPL Long since 2006
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Post by chinacat on May 14, 2022 6:37:44 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,428
Member is Online
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Post by chinacat on May 15, 2022 5:14:53 GMT -8
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4aapl
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Post by 4aapl on May 15, 2022 11:18:40 GMT -8
Wow, no wonder things have felt kinda crapy. Looking at the titles from the last 7 weekend posts, AAPL has lost ground for 7 weeks in a row!
Hopefully this week can break the trend. It's not feeling to me like we'll see a hard bounce upward off of this level, but I'd be happy to be wrong on that. Still, any net green, especially on average or better volume, would be good.
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Post by aaplcrazie on May 15, 2022 12:07:35 GMT -8
Perhaps maybe some good hints and rumors leading up to WWDC and then maybe maybe some Fireworks on the Day?
Preety please 🍏
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Post by Luckychoices on May 15, 2022 14:47:20 GMT -8
Any person fully invested in AAPL for any length of time had to have long ago adjusted to the fact that AAPL's share price will sometimes increase, sometimes decrease...and sometimes go sideways. Over the years AAPL investors have seen massive appreciation of their investment...but sometimes it's easy to lose track of where we are, investment wise. I don't track AAPL by what it's done YTD or by calendar year...I choose to track it in relation to my retirement date, 05/19/08 and the yearly anniversary. And even at Tuesday's close of $156.80, AAPL was still up 26% since 05/19/21...and if AAPL actually dropped to $140, as some misguided folks have projected, AAPL Longs would still be up 12% since 05/19/21.
Are some AAPL Longs in a slight panic about the possibility of a drop in share price after earnings today? I can't speak for other AAPL Longs, but, personally, I'm hoping the share price stays down for the next few weeks until AAPL dividends are paid in mid-May. The AAPL dividends which were auto-reinvested in February of this year, purchased shares at $171.98. If my wife and I could pick up new shares of AAPL with our dividends in the $140's or $150's, that would be awesome. But if AAPL rises to $200/share by May dividends, I'd be fine with that as well. 😎 So, AAPL closed at $157.65 today, down -$5.99 for the day...harsh. But AFB AAPL Longs should keep in mind that, even though we're down -13.4 YTD, we're up 26% from 05/19/21. That's +26% in 3 weeks short of a year.
Some jaded souls may be underwhelmed with that return...and I remember that the AAPL share price increased 59% between 05/29/20 and 05/19/21...but I'd take a +26% return every year and be very pleased. OK, after Friday's close at $147.11, AAPL is now *only* up 18% since 05/19/21...and it may go lower in the 3 market days before 05/19/22. Who knows? But the bright side of having the share price pull back before dividends are paid is getting more new shares of AAPL for about the same amount of dividends. Since the share price has been so volatile the last week or so, I shouldn't have had our IRA accounts set to auto-reinvest...perhaps we could have picked up shares below $140. But, OTOH, even at $146.59/share, our AAPL dividends picked up 17.3% more shares than they did with last February's dividends at $171.98/share. And if I would have been smart enough to disable auto-reinvest and quick enough to pick up shares at the low of the day, $138.80, we, perhaps, would have picked up 29.3% more shares than February. My only point is having AAPL crash right along with the rest of the market is made more tolerable, IMO, because the AAPL Longs who reinvest their AAPL dividends can sometimes benefit financially, even with a pullback in share price. We may have even more share price pullback to come. But before we get too anxious about AAPL/Apple's future, it's worthwhile to keep clear in our mind exactly where we are compared to previous years. As a reminder, the various percentages shown below are not the calendar years, they're the one year periods between the anniversaries of my retirement date on 05/198/08. When I retired, I had no idea how incredibly AAPL would rewards its investors over the next 14 years...otherwise I would have retired 5 years earlier. Cheers to the very patient AAPL Longs!! 😎
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chinacat
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AAPL Long since 2006
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Post by chinacat on May 15, 2022 15:59:40 GMT -8
Cheers to the very patient AAPL Longs!! 😎 Even with the minimal increase, the dividend took some of sting out of the recent drop (crash?) in AAPL. Hopefully, Tim and the board have jumped on this opportunity to retire a good chunk of shares, which is always music to the ears of us longs. IMHO, the traders among us should be quite excited. I’m sure that some bets got trashed, but given the recent boffo earnings report those should be recoverable on the way back up. But as a dedicated long, what do I know? The Apple Silicon revolution is just getting started, and I will be astonished if it not only invigorates future sales, but also improves product margins. Tim may lack Steve’s charisma, but I will be stunned if financial results do not continue to improve for the next few years.
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Post by hledgard on May 15, 2022 19:44:32 GMT -8
That was my situation, for many years, at a university.
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