Sold Apple today… as stupid as leaving a party right before the girls arrive.. October 22, 2007Posted by deminvest in AAPL, Apple, growth stock, investment, my free stock, My investing mistakes, stock I own, stocks.
I sold 6 Apple shares today (ironically) a few hours before Apple reported earnings jumping 67%. I made many investing mistakes, but this one beats them all. Apple is 7% up in after-hour market
I did agree with most analysts that Apple was probably going to beat estimates. So why did I sell?
My free stocks strategy made me sell those 6 APL that were up 40% since I bought them. I just bought 8 AAPL Apple Inc. shares at $123.96 each, spending a total ammount of $991.68… Commissions of course were 0 because this was my SECOND ZECCO TRANSACTION. Today I sold 6 Apple shares at 174.42 cashing in 1048.92. I got more than invested cash and still have 2 Apple shares that are now free, but definitely next time I should have waited a few days after earnings report before selling.
Please click here and slap me for missing the party with Apple…