I was expecting a great earning and for the stock to sky rocket. I'm down big. should i sell in pre-market and get short tomarrow or hold and hope for a bounce tommarrow? did anyone else do the same crap that i did?
Not sure how much you bought near the ATH, but since jan 2009, through all sorts of market fits and apple events, the longest for apple to ever recover any paper loss is about 50 days.. If you are out mega bucks, wait it out.. If you think you can buy/sell/buy/sell and recoup the "loss," do that.. of course, that's all IMHO..
Don't fool around and buy/sell stock right before earnings. Might as well play roulette. It can go either way. Total gamble. And you paid near the all-time high! Buy low/sell high. Terrible trade, either way - even if AAPL rocked earnings.
It depends on your time horizon. There's every reason to believe that AAPL will be trading at $500 or above in a year. If you decide to hold on until then, you'll have a healthy 18-20 percent gain on your hands. Apple's fundamentals couldn't be stronger, and there's tremendous room for growth in emerging markets.
Apple could be back to $420 by Friday. Amazing but true. It all depends. I would watch the pre-market closely and act accordingly. Good luck. One thing I've done successfully is average down. Apple will come back, and in probably less time that you think.
I bought for 414.00 3 weeks ago. Stop thinking like a trader and go long. In a couple of weeks, if not sooner you'll be back to even. More importantly, outside of a market crash, aapl will absolutely blitz next earnings and trade up their with goog.
at the very least, hold thru the las Vegas electronics show held in January...It's pretty clear that the 4th quarter will be positive. I just want to see what is new that will indicate new sales for 2012.