Quote:
Originally posted by Scoobysnax
I took my gains on RIMM and bought more AAPL. Im with Mcdick, with AAPL reporting in Jan as well as the big conference, the stock should show steady increase up to then.
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Hey Scoobysnax:
I would recommend that you sell Apple before the MacWorld Conference. According to what happened last few years, Apple usually go down after the MacWorld (when Apple release new products).
I got in $185 two weeks ago. I am going to sell before the MacWorld (due to using my margin account, couldn't take 10% hit in case selloff after earning). But I expected it will go up to around $205-210 before MacWorld.
Everyone knows Apple will beat the earning by a large margin, but it will sell off after earning.
Just don't hold through the earning. But if you buy Apple for long term investment, don't worry about it. Apple looks good throughout 2008.
I am looking into VISA IPO right now. It's coming in January 2008.