1. #1
    Iwinyourmoney
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    Apple trading at $400 after hours: Do I sell stock guys?

    I own 80 shares @ 186.53 and 28 @ $202. After apples huge report today on revenue, after hour trading is at 400$.

    Is it time to cash out? In the am do I sell at 400$ (as long as its there). I don't really need the cash, but is this where apple tops out?

  2. #2
    doublej95
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    your money is doubled, I would sell.

  3. #3
    Iwinyourmoney
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    Quick math before fees I've got 20,578 invested (drained my life savings). I could cash out tomorrow at 43,200

  4. #4
    EDDIE MONEY LINE
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    I think you gotta hold...think about another few years. You might be set.

  5. #5
    onlooker
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    Quote Originally Posted by Iwinyourmoney View Post
    Quick math before fees I've got 20,578 invested (drained my life savings). I could cash out tomorrow at 43,200
    You doubled up. Cash it.

    Who knows where Apple goes from here.

  6. #6
    Dirty Sanchez
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    Quote Originally Posted by Iwinyourmoney View Post
    Quick math before fees I've got 20,578 invested (drained my life savings). I could cash out tomorrow at 43,200

    Could you take that measly $200 and give it to jj to make him a "Pro"? Bless you son

  7. #7
    pepper60000
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    My friend made $5,000 overnight trading apple calls on the news...bah, i knew I should have followed...

    But I would hold on for a few more years...

  8. #8
    jarvol
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    $400 was shortlived. It is now at $393. Look back over the quarters and you will see it usually rises into/at earnings then sells off 5-10% then comes roaring back.

  9. #9
    jjgold
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    Iwin who you kidding
    Your a broke mother fukker
    You would not even know how to buy a stock you dumb fuk

  10. #10
    Brock Landers
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    Quote Originally Posted by jjgold View Post
    Iwin who you kidding
    Your a broke mother fukker
    You would not even know how to buy a stock you dumb fuk

  11. #11
    Deep_Rest
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    Steve Jobs isn't going to be CEO forever...probably another 5 years max. When he does step down, there's no telling what's going to happen. It could be business as usual, or they could collapse. I wouldn't risk it. Best case scenario is you milk another 10-15k before he retires. Is that risk-reward payoff worth it to you?

    You should consider finding a nice dividend payer and DRIP that hoe. Invest in a "boring" stock like Proctor and Gamble, Johnson & Johnson, Kraft Foods, or Clorox. Get that IRA goin, son! Compounding dividends gives you a huge edge in outperforming the market especially companies that rely heavily on innovation, and R+D like Apple. Do you think they can keep one-upping themselves and continue to sell revolutionary products? I think they'll run out of gas eventually.

    At the very least you should take some profits. You don't need to have an all-in or all-out mentality. Congrats bro and bol in the future!

    Disclaimer: I own both Apple and Clorox.

  12. #12
    Skidcom
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    You could sell a call

  13. #13
    Cap dat 4ss
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    Id cash out. You never know whatg gonna happen tomorrow with this market. Some of the surest stocks fell through the floor and robbed peoples retirements. However its your money so do as you please. Keep us updated.

  14. #14
    Monitor-Tan
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    Lol, JJ laying it down calling someone else broke when he claims himself is broke! You go get it JJ!

  15. #15
    pavyracer
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    Sell but don't spend it all. You have to pay Uncle Sam capital gains taxes.

  16. #16
    Extra Innings
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    Apple...everybody wants a iphone and ipad....do you get a dividend?

  17. #17
    Dutch
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    I'd pull out half. In the next couple/few yrs notebooks, laptops, tablets etc. are going to get cheaper and become big sellers. Apple is in good position to move a gang of product in that time.

  18. #18
    Iwinyourmoney
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    Quote Originally Posted by pavyracer View Post
    Sell but don't spend it all. You have to pay Uncle Sam capital gains taxes.
    What happens if I pull out enough just to cover my original investment?

    Apple is the first, last, and any stock I've ever owned

  19. #19
    EmpireMaker
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    sell the 28 and 40 of the 80 ride the rest

  20. #20
    excel
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    Cash it buy 40k worth of silver.

  21. #21
    cyclonebell
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    Quote Originally Posted by EmpireMaker View Post
    sell the 28 and 40 of the 80 ride the rest
    Solid advice.

  22. #22
    pavyracer
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    Quote Originally Posted by Iwinyourmoney View Post
    What happens if I pull out enough just to cover my original investment?

    Apple is the first, last, and any stock I've ever owned
    As soon as you sell you will get a statement for tax purposes..so next year when you file you have to put it in tax forms as income. You only pay tax on the shares you sell.

  23. #23
    Iwinyourmoney
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    Quote Originally Posted by pavyracer View Post
    As soon as you sell you will get a statement for tax purposes..so next year when you file you have to put it in tax forms as income. You only pay tax on the shares you sell.
    If I invested 20 and withdraw 20 am I still taxed?

  24. #24
    DiggityDaggityDo
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    Quote Originally Posted by jjgold View Post
    Iwin who you kidding
    Your a broke mother fukker
    You would not even know how to buy a stock you dumb fuk

  25. #25
    pavyracer
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    Quote Originally Posted by Iwinyourmoney View Post
    If I invested 20 and withdraw 20 am I still taxed?
    Yes. You get taxed on all profits. But if your other 20 lets say lose value when you sell them you can deduct the net loss as a loss on taxes.

    Don't you have a savings account? It's the same thing. Your bank sends you a statement on the income you made on interest.

  26. #26
    a4u2fear
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    Sell when it goes up and buy when it goes down, all in increments. You can't sell all of one of the best stocks in the market.

    FYI I'm in at 80 120 144 180 for 100 shares

  27. #27
    TheCentaur
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    Quote Originally Posted by Iwinyourmoney View Post
    What happens if I pull out enough just to cover my original investment?

    Apple is the first, last, and any stock I've ever owned
    This. From your comments it doesn't sound like you have the risk tolerance to hold on to it. Get your original inv. back, pay the minimal long term capital gains taxes, and then freeroll for a year or two, maybe even put in a stop loss order.

  28. #28
    Extra Innings
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    They should do a 4:1 split. People are just about as stupid with stocks as they are with sports betting. It will be back up to 400 in no time.

  29. #29
    mdemps9190
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    Sell and buy some call options if you think its going up. Less money invested, higher volatility. Just make sure theta isn't too high on these far out of the money, long term options. I have 2 oct 11 option contracts open, made a killing today.

  30. #30
    flyingillini
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    Iwin, sell it and buy MO

  31. #31
    MarlinsFan2212
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    Cash-out, and re-invest your original investment of 20k.

  32. #32
    shady610
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    sell and buy some silver and gold. Silver will give you great returns and gold will hold its value steadily

  33. #33
    BettingGeek
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    Hold!
    Buy 15 more share if you have balls!

    Do not sell.

  34. #34
    topgame85
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    Get out of high dollar stocks and buy some lower stuff where you can roll your money quicker. Got penn national at 23 several months ago up at almost 41 now, my guess is they will make it to 60-70 in the next year that is an additional 50-70% increase from todays value. Is apple going to go to $600 and get you another 50% return from todays value? Highly doubt it....

  35. #35
    gauchojake
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    Quote Originally Posted by Skidcom View Post
    You could sell a call
    easily the best advice itt

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