making good $$ with AAPL

Discussion in 'Stocks' started by stock_trad3r, May 30, 2007.

  1. I don't really use any specific manner. You watch how the stock trades, how the stock handles buying, can you just sit on the bid?, and then you do what you need. In the end, I invest in OTC and small caps to make big gains. I might hit the ASK with the majority of buying I want to do and save a bit of money if it dips, but I'm not the type that really sits around picking my shots and buying 500 share lots when I'm gunning for 40k shares of something. Maybe I'll buy 30k shares right off and then pick at the last 10k...but nothing much more than that.

    I'm not a buy before the news type person...earnings effect small caps and OTC stocks much differently than they do larger caps. Unless something very interesting happens, the small caps you want to buy are news driven more than earnings. Earnings might be the end result of the news that drives a company a bit higher, but it usually starts with news about partnerships, contracts, or some other factor in small caps. That's with my experience. Small caps usually don't just explode revenue unless they have a product that suddenly becomes a huge hit, but I find that rare. They usually rise due to (hopefully) low float, organic business growth, etc. Those small caps I like can grow 100-400% in a year or two and really need to in order to make the gains I look for.

    Looking can hurt. I mentioned FRPT before...I could have bought that at $1 a few years ago...a $50k investment would be worth $1.5M...but that's how the cookie crumbles. I just made a nice return and can't complain.

    I think the OTC is where you still buy and hold a good company and the price is secondary until the company's plan comes to fruition. The mistake people make with the OTC is probably overinvesting in too many companies. There are mostly shit companies on the OTC, but there are GEMS! Those gems are literally probably 1 in 200...so you have to use discretion, be patient, and sort of be lucky sometimes I think.

    Cheers. :)
     
    #11     May 30, 2007
  2. That's true though. Never a shame to get out while you're in the green. Can always go higher but can also go lower. And as you said: there are usually other opportunities around the corner + cash is also an asset class worth considering at times (when good risk/reward setups are rare).
     
    #12     May 30, 2007
  3. You guys make good points to take profits, but there is just no need to now.
     
    #13     Jun 4, 2007
  4. Up another 3 bucks today

    Making good $$ with AAPL

    GOOG also up alot


    making$$ in the down market
     
    #14     Jun 7, 2007
  5. Are you worth a whopping $102k yet?! :p
     
    #15     Jun 7, 2007
  6. Congrats on the gains. Maybe a good idea to put 4, 5, 6% stop losses on GOOG and AAPL etc., just in case. Can't hurt to lock in gains. You can always buy back in lower should there be any major setback down the road...
     
    #16     Jun 7, 2007
  7. S2007S

    S2007S

    AAPL running up on Iphone....

    I think its overdue for at least somewhat of a pullback, if the Iphone doesnt take off look out below!!!!
     
    #17     Jun 7, 2007
  8. I plan to sell some aapl within a month (probably before earnings), but I have no plans to sell google anytime soon
     
    #18     Jun 7, 2007
  9. jazzsax

    jazzsax

    Apple has been great to me this month, today included!

    Can't complain!
     
    #19     Jun 7, 2007
  10. stock. you should take a vacation from posting here. You're desperation is obvious. you seem to have to vindicate every thought and emotion you feel. it's a good thing you don't trade - if you did you'd be broke
     
    #20     Jun 7, 2007