Quote:
Originally Posted by Eric Coffey
Might want to "day trade" that stock, or at least pay attention to intra-day activity. AAPL has dropped $14+ in the last 72 hours.
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I don't day trade at all and typically hold for longer periods. I've learned that if I attempt to "time" a skyrocketing stock, I simply miss out when the next stage of the rocket kicks in. After AAPL reports their numbers for the latter half of this year (4th qtr - holiday sales and the fact that they only had 2 days of iPhone sales in the last qtr), I believe the stock will be significantly higher in 6 months. Some portions of my holdings also have tax implications that justify "letting it ride"...time will tell.