BOOM Apple

[aquaholic]

Originally Posted by swampman46

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.

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.

[ckinchen]

Originally Posted by aquaholic

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.