Thanks for the compliment, I do think that I'm pretty good at a lot of things.
But I suck at the stock market.
I got out of the stock market completely a few years ago, other than some MLPs which I continue to hold (Kinder Morgan, Enterprise Energy Partners, and a couple of others). Those MLPs, by the way, have been great. I've held them since around 2006, and get double digit dividends every single year, and the "stock" price has basically doubled, too.
Anyways, as to why I bought, I've always been tempted by AAPL, including when it was being discussed here when it was at $90! I thought at the time it might go to $60, so I held off. Of course, then it took off. (Did I mention I suck at the stock market?).
So, my only strategy here is that AAPL is way off its peak, and maybe it'll get back towards that peak. Also, it feels pretty safe at around $500-$550. Even if it goes down to $450, that's not a huge loss.
Also, long term, it does seem like Apple is here to stay, so the downside feels relatively limited.
Also, the amts I bought are not relatively much to me. So some is for fun, although losing money isn't much fun!
And, motion bought at $675, so how wrong can I go at $510-$550??? Even if the stock goes to $400, I'm still doing better than motion, and not many people can say that, so that's worth something.
That's pretty much the extent of my thinking!