MacResource
appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - Printable Version

+- MacResource (https://forums.macresource.com)
+-- Forum: My Category (https://forums.macresource.com/forumdisplay.php?fid=1)
+--- Forum: Tips and Deals (https://forums.macresource.com/forumdisplay.php?fid=3)
+--- Thread: appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" (/showthread.php?tid=237715)



appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - Zoidberg - 02-28-2020

Media-induced panic related to the coronavirus outbreak has caused stocks to crash in value, with Apple's share price dropping to levels not seen since early December, back before it was appreciated how well Apple's iPhone 11, wearables, services, and other offerings had performed during holiday sales. That drop affords Apple a rare opportunity to snatch up billions of its shares at a discount nobody could have otherwise imagined possible.

Story: https://appleinsider.com/articles/20/02/28/panicked-selling-of-aapl-lets-apple-buy-back-billions-cheaply


Re: appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - Microman - 02-28-2020

Does that mean it will go back up to 325 from the current 270.

Why is it, that every time I think I selling for a need I am 2 or 3 days late. No way will I sell any now. I have an order to sell but at that higher rate, that I hope we will see someday.


Re: appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - Speedy - 02-28-2020

Buy. Buy. Buy.


Re: appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - Zoidberg - 02-28-2020

Microman wrote:
Does that mean it will go back up to 325 from the current 270.

Of course it will, and way beyond that as well, if you hold long enough.


Re: appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - Rick-o - 02-28-2020

I bought a few days too early. But you know what? I'm transferring more cash over to my E*Trade account so I can buy some more.

This panic selling will not last.


Re: appleinsider: "Panicked selling of AAPL lets Apple buy back billions cheaply" - NewtonMP2100 - 02-28-2020

.....so.....panic......at the....disco.....???