BOOM Apple
 

Chicken....do you recall what I said!!

http://finance.yahoo.com/q;_ylt=Aj3V...WFwbA--?s=AAPL

Ridiculousness

AAPL was up $ 22 yesterday. I talked to my Dad last night and he was planning to buy some this morning.

50 DMA is below the 200 DMA and the stock price just went above the 200 DMA which is an early buy signal.

Apple is going up like a rocket!! Up $9 today

See yall @ 650

7-1 split today!!

I'll take it thank you

When is the split set to take place? I've never owned Apple, there are a couple of options on when to get in. Best scenario for right now, is if the stock takes a drop-then jump in, and wait for the split. Or sit it out and wait till the day of split? I may be wrong, but historically, doesn't a post split stock often take a dip after a split? BTW...I had never heard of a 7/1 split before now-wow.

(Reuters) - Apple has long been a trend-setter whose hot products attract imitators, and now its recent stock split might help revive a trend from the 1990s that has all but disappeared on Wall Street.

On Wednesday, the iPad maker and largest U.S. company by market value said it would do a seven-for-one split, knocking its share price down from the $500-plus level to something closer to $75. The stock is up 8 percent on Thursday.

It becomes the fourth member of the S&P 500 to announce a split in 2014. That is a pretty paltry pace when compared with the late 90s, when nearly 100 companies split their stock to attract more investors. Apple Inc's move might inspire others, some believe, but only modestly.

*
"It could become a bit of a trend when you see a name like Apple decide to split the stock," said Ken Polcari, director of the NYSE floor division at O'Neil Securities.

Polcari said Priceline Group Inc, the most expensive single stock on the S&P 500, is a prime candidate. Other pricey stocks such as Chipotle Mexican Grill Inc, trading above $500, or Amazon.com Inc, above $300, could follow.

"You get stocks like Priceline that trade above $1,200 - maybe they'll look at this, see the excitement it generates and decide to do the same thing," Polcari said. "Google also sticks out there as a potential name that could be split with no problem."

Stock splits do not change the value of the company, one reason why Apple CEO Tim Cook said just two years ago that a split does "nothing."

That is a view many corporate managers shared in recent years, as the institutional investors who own the vast majority of shares are not concerned about individual share prices.

According to Standard & Poor's, in every year between 1997 and 1999 at least 90 S&P components split their stock. After the dot-com bubble burst, splits went out of favor and have become uncommon. There have been just 75 splits since 2008.

Cook now feels differently, saying on Wednesday that the company was taking the action "to make Apple stock more accessible to a larger number of investors."

Apple currently carries the third-highest price in the S&P 500, behind Priceline's $1,219.95 and Graham Holdings Co's $690.68. In the broader S&P 1500 Composite Index, there are 26 companies trading at $200 or more a share, including well-known names such as Visa Inc and Regeneron Pharmaceuticals Inc.

Some money managers think Apple's move will bring out more splits.

"I think other companies will follow suit because it's difficult to buy round lots when a stock price gets too high," said Kim Forrest, senior equity research analyst, Fort Pitt Capital Group in Pittsburgh.

"Higher prices per stock makes them difficult to buy for $500,000 portfolios."

(Reporting by Rodrigo Campos. Editing by Andre Grenon)

Normally will drop after split then come back up. Apple is a good stock regardless of split. Look at the enormous amount of cash this company has.

Well said.....

Good call W on the long position.

About to hit $600 today!!

Been buying since it hit $450 per share and kept on buying to $395 a share. I love Mr. Market and an undervalued GIANT!

Gonna ask the "dummy" question here...I thought there was a split coming? I've haven't seen a new price for it on eTrade as of yet. It's going pretty darn good but, it's still showing at near $600

There is a 7-1 split coming and closed today over 600
Let it keep climbing

Looks like next month.

"Its board endorsed a seven-for-one stock split, with each shareholder of record as of June 2 receiving six additional shares for each one they hold."

Split will happen in July.

Apple split today !!!

$93 a share

Bought what I could afford and, am already up. Hopefully, I can buy some more soon!

If it gets back to $200 a share think I'm going to have to sell off

Luckiest play ever for me !!

Ended up with 47 shares before spit ( thought I had 50)

Now have 329 shares

Thank you apple

LOL........I knew we would hear from you today Dub........happy for you guys.

Lol yea I'm pretty pumped about it

One of those things that pays off !!