All my predictions since I started a thread about my large long position on AAPL happened. Now we're just waiting for this stock to hit $165 around August, possibly 1st or 2nd week. Here's the fucking bad news.........I sold my position right after AT&T opened their mouth about the Iphone, and the stock drop to 134 and change. I got out at 135.12 the same day, and stayed flat thru earnings. Made around 23K on the trade, but could have made lots more if it was not for AT&T. During the frenzy on their earnings report, I was able to get in at 140.00. This time only 20% of my original trade. I'm happy that I was able to get in, but really pissed that I did not ride it thru eternity.
I am also kinda pissed bought some in AH at 140 buy should have bought more oh well I have a gain atleast
Yeah well. I shoulda bought AAPL in '03 when it was $14 pre-split. I thought the P/E looked high relative to its peers. Been beating myself up about it ever since. Then I looked at it again: that was about 1000 trading days ago. Ãt has gone up 20x in that time. That's 0.3% per trading day, compounded. Nothing heroic, not 0.5%, say. Just 0.3%.
Every time I go into the Apple store in NYC its jammed. Jammed with the broads who are easy to sell, and their mamas. That Att story was a plant. Made no sense at all.
don't worry about it. i recall reading you were long calls ... i think 135s?? IV drop will have hit these dramatically, so you are still ahead and did a good job regardless. trading is no easy job. good job on not losing $$$..