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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

 
 
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Old 06-02-2013, 08:59 AM
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ckinchen ckinchen is offline
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Join Date: Jul 2009
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Originally Posted by "W" View Post
You probably going to think im insane but i sold all my APA around 84 and bought Apple... Apple is down 50% since June of last year and the next wave of Iphones are in the works... with the high price of the stock i only got around 40 shares but if it goes up $200 i will make a good chunk of change
That stock is certainly beat up, if it is a straight open play why not by an option vs the stock and limit the down side?
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