What's with Apple today? Up $18/share

[disneysteve]

I just took a look at my portfolio and I see that Apple is up $17.93 at the moment. That's a big jump even for a stock that is over $500/share. What's going on?

[disneysteve]

I see it was due to the China mobile deal but probably won't last. I think I'll actually use this as a reason to get out. I only have a few shares. I thought about selling the last time it shot up but missed it the chance.

[QuarterMillionMan]

I'm with you DisneySteve. I'm at the verge of selling my 10 shares of AAPL today. I woke up to that nice uptick in AAPL's stock price this morning. The deal that Apple struck with China mobile sounds significant. I'm debating whether I should pull the trigger and sell or hold on to it for a little while longer and hope to keep riding this wave. Decisions, decisions.

[disneysteve]

I'm with you DisneySteve. I'm at the verge of selling my 10 shares of AAPL today. I woke up to that nice uptick in AAPL's stock price this morning. The deal that Apple struck with China mobile sounds significant. I'm debating whether I should pull the trigger and sell or hold on to it for a little while longer and hope to keep riding this wave. Decisions, decisions.

I went ahead and sold. I only owned 7 shares. I made some money (I bought it earlier this year when it was down). I'm happy with that. I only get on the stock-buying binge very rarely. I'm mostly a mutual fund guy. I need to reinvest this money once it settles and will probably just do a good ETF. This is in my SEP-IRA.

[QuarterMillionMan]

The momentum still seems to be going up so I'm staying long a bit longer.

[disneysteve]

The momentum still seems to be going up so I'm staying long a bit longer.

I don't have time to sit and watch so I got out because with my luck, by the time I looked again, it would have been back down.

[rennigade]

Probably a good idea to pull out with this surge. A profit is a profit, thats a win.

I sold a couple mutual funds this year since they were up quite a bit and I was really happy with the return. I tell people all the time, hogs get slaughtered. Dont get greedy.

[YLTL_Dan]

I'm still a huge fan of Apple - even at this price. I'm in it for the long term... or at least until I see significance changes in their financial future.

[Nika]

If looking at my facebook feed on Christmas day is any indication, Apple will do well this quarter. ipad seems to be a #1 gift my friends got from their significant others.

[disneysteve]

If looking at my facebook feed on Christmas day is any indication, Apple will do well this quarter. ipad seems to be a #1 gift my friends got from their significant others.

I think they will have a strong quarter. I'm not sure what effect that will have on the stock price though. It may already be priced in.

I sold mine so I'm done. With my history, that probably means the price will shoot up to $700 though so anyone holding on will be happy that I sold.

[QuarterMillionMan]

I also sold all of mine on Christmas Eve just before the market closed at $568.

[KTP]

I am in it until April as I am holding Jan 2015 $400 calls and am short April 2014 $520 calls. I am up $12,000 on that so it has not been a bad investment. As long as Apple is above $520 in April I will net $15,000 profit on a $20,000 investment.

Probably should buy a Ipad or something in May to say thanks.

[KTP]

Up to $555 pre market. Looking like I will get called away on my April options, which would be great. It would have to be a pretty big disaster to drop Apple down to $400.

[Nika]

I've bought 550 call Feb 22 option two days ago. Now wondering what to do. Should I hold it past earnings call? Risky, but can be lucrative. I think that quarter will be strong. How people will feel about it, that's another matter.

Of course, Verizon and Att will be reporting few days before Apple and that will give us good clues. But that goes for everyone else.

[BuckyBadger]

I've bought 550 call Feb 22 option two days ago. Now wondering what to do. Should I hold it past earnings call? Risky, but can be lucrative. I think that quarter will be strong. How people will feel about it, that's another matter.

Of course, Verizon and Att will be reporting few days before Apple and that will give us good clues. But that goes for everyone else.

Therein lies the rub of stock picking. Everyone has the same info - and if you don't, it's insider trading.