Bolaji and Ariella: I don't "do" stocks, but I would invest in Apple. I wouldn't jump at every movement, as I am more of a long-term investor (or rather my husband is). The comment about the one cent and the disconnect between the stock movement and news is funny. At any given moment, there is an Apple story on lawsuits, privacy issues, the supply chain or, of course the iPad. No wonder there are blog sites 100 percent devoted to Apple. It's a full-time job.
Barbara, This is turning into a bad joke turned good turned bad. Yes, Apple's stock price did hit $600.01 (don't ask why the one cent!) today but it then closed at $585.56. The trading range today was $578.55 to $600.01, a spread of about $22 in a single day -- nobody can assure me this is not a speculative stock. I guess it hit $600.01 on good news (don't ask me what) and then fell to $585.56 on bad news (again, don't ask me what.)
That would be good advice if one were to follow what an investment adviser says. They typically suggest buy the low and sell the high but who knows where the high is (will be?) for Apple? It just set a new record price today.
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