Apple Stock

Discussion in 'UPS Retirement Topics' started by airintrace, Jun 11, 2014.

  1. airintrace

    airintrace Active Member

    Did anyone pick up any apple stock after the split on Monday? Im thinking that by the time retirement comes around that might just have been worth the investment. Also the other nice thing is that its the top holding in one of the funds in the 401k plan "fund name escapes me now" and that means it split there as well. Could be very lucrative for the long haul. :greedy:
     
  2. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Nope. Sold it all a little over a year ago and bought Facebook at around $20. Holding onto that for a bit
     
  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Wouldn't a 7 for 1 split have the reverse effect and further dilute the value?
     
  4. airintrace

    airintrace Active Member

    I don't think it would dilute the value considering it's coming off its 3rd split from a value of around $650 a share this time. It will be there again over time.


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  5. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    It was a 7-1 split it'll be a good while before it thinks of hitting $500 again. Getting in before the split on one of its downturns in the last couple years would of been nice but hindsight is 20/20.
     
  6. bagpipes

    bagpipes Member

    Stock splits don't affect value (unless there is a cash dividend that isn't changed or has < % decrease than share value). Market cap and total value of holdings remain the same.

    Only impactful thing that may change is investor speculation.


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  7. oldngray

    oldngray nowhere special

    Most stock splits are just used to generate interest in the stock and generate a bump. Wait until the sell off from profit takers after a split before buying. Some people (including my wife) just can't to seem to grasp that for example 100 shares at $20 = 200 shares at $10.
     
  8. airintrace

    airintrace Active Member

    The immediate value after a stock split is the same yes; but benefit of a split is to play the long game. Over time when it goes up you have now increased your multiplier for quarterly dividends per share plus what the daily increase is. Most stock splits are always beneficial for the long term.




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  9. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I'm not exactly bullish on apple. I think you'll see it hover between $75-125 quite a few years.

    The divedend is likely to increase though.
     
  10. airintrace

    airintrace Active Member

    You did very well today. FB posted earnings after the market closed and they crushed it! Good for you holding on to it.
     
  11. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Had auto sell set at $75. Hoping to pick it back up at around $65 once the correction hits. Then ill probably hold onto it for a few years.
     
  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Yesterday was a good day to be an Apple stockholder. I made just under $1,200 on my holdings. Analysts have the stock going as high as $135/share. I think that it is a bit optimistic, but I see it crossing the $100 threshold before September, if not earlier.

    I am also curious as to what the dividend will be after the split.
     
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  13. airintrace

    airintrace Active Member

    I waited and waited and waited for the earnings report since the split. Im happy with with the results but I honestly believed in my heart that there would be a double digit gain and then it would be off to the races. The 4th quarter will probably be the big one with the new iPhone 6, itime and the cheaper mac thats out right now. Im holding it no matter what.
     
  14. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    The divedend will likely stay the same per share. This is where a stock split pays off. Apple has plenty of cash to even increase it if they want.
     
  15. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    The dividend was $3.40/share prior to the split----no way it stays the same----they have already said it would be adjusted----my guess is somewhere in the $.50-.60 range.
     
  16. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Dang I didn't realize it was that much but then again they have $160+billion in cash on hand. I think they could afford it.
     
  17. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    $3.40 x 526 sounds really nice to me!


    Resident know-it-all.
     
  18. airintrace

    airintrace Active Member

    Well surprise surprise Amazon posted another huge loss in the 2nd quarter and are down big in after market and the bleeding may not stop tomorrow. These guys just can't turn a profit.


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  19. Returntosender

    Returntosender Well-Known Member

    AMZ moves up or down 10% after earnings call. Check the 50 and 200 day moving average.
     
  20. 1989

    1989 Well-Known Member

    With apple at about $99 I think we see $87 before we see $100