I love my iPhone. I still sold some stock. For me and clients.
WHY?
The battery bites. Period.
I am lazy and not cheap. I am not going to whine about it for now. The rest of the world I consider cheap. They have lawyered up and the sickness has set in. The battery is a problem for Apple. Short-term, but a problem.
The stock should be cheaper at some point. if not, I can sit on the cash for now. What a run either way.
I watched today as the price thinking about buying more. Waiting to see where the bottom is. If you are doing your own trading, you might make a score. I have a broker so am hesitant about day trading. Your post would be more fun with the price you sold at. Good luck!
Great call on AAPL (are you sure you’re not a market timer???)! I’m stuck on whether to sell my left-for-dead Oct PUTS … they’re up 4x in the past few days (ever hear the phrase twice nothing is still nothing????). But holding on to my longs for the long term. As a casual retail player I’m glad I don’t have time in my day to think about these things too much.
(FYI I’m not really a timer either but it’s fun to act as one. I really have just been buying these PUTS as a downside insurance policy against all the gains since getting into the long side after your advice around $90ish.)