Originally Posted by cormier
Lol Apple was much higher a few months ago... Don't really see your point
I think the Facebook rally is over after the disappointing press release
I would personally love to see Apple back in the 600s, I would cash out happily this time knowing now that the stock does have a stopping point :p
if were talking buy and sell stocks and you have lets say $5000 to put into stocks. (forgetting all the extra costs associated with a trade)
you buy apple at lets say $550 per share you can get what?
5000 / 550 = 9 shares
now lets say you sell at $600
600 x 9 = 5400 ... profit of $400
you buy facebook at $30
5000 / 30 = 166
now lets say you sell at $38
166 x 38 = 6308 .. profit of $1308
my point is you can make more money buy more shares of a different stock because of the amount of money you have to spend.