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Apple Inc. Message Board

  • vu_wildcats vu_wildcats Nov 27, 2012 2:06 PM Flag

    don't like the action...

    bought weekly 595s for 4.50 on the pop up through 590 (dumb). You guys think hold, or take my losses? Apple looks like it's getting beat up on every pop higher since the 590 break and the broader market looks like it wants to drop...if that happens, it seems like we'll get killed back down to the lows of the day. thoughts?

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    • apple3535 Nov 27, 2012 2:24 PM Flag

      You bought at 4.50. They closed at 5.25 yesterday. Once you're up put a stop in (or trade trigger if you use Ameritrade) at say 5.00. If you stop out you still made 11% + for the day, versus being down .65 or 14% at lat bid I see. Just a thought...

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