• Last Updated:
  • May 14th, 2019 1:57 am
[OP]
Deal Addict
Jan 6, 2006
2150 posts
423 upvotes

Apple Stocks

With the Iphone 5 coming out soon. Would you invest in Apple before the launch? I have around $22k in my TFSA and thinking of ummm selling everything and put it all on Apple. Then sell once their shares go up. Bad idea?
2773 replies
Sr. Member
Dec 20, 2006
526 posts
46 upvotes
Phat_cow wrote:
Jul 29th, 2012 8:29 pm
With the Iphone 5 coming out soon. Would you invest in Apple before the launch? I have around $22k in my TFSA and thinking of ummm selling everything and put it all on Apple. Then sell once their shares go up. Bad idea?
I'm not going to say what to do, just understand that doing so is gambling. Will it work out? Flip a coin...
That being said, I did it before the "new iPad" was released and walked away with a quick 15% gain. It could easily have gone the other way though. It's gambling, and I rarely "trade" like that.
Deal Addict
User avatar
Aug 18, 2008
2697 posts
617 upvotes
Ottawa
Phat_cow wrote:
Jul 29th, 2012 8:37 pm
$3k is like 5 shares :/
Don't care too much about the # of shares.

Look at BRK-A. Imagine getting a flat 100 of those shares :lol: :lol:
Deal Addict
Jan 2, 2007
2521 posts
85 upvotes
maybe you can use it for some options

but i don't think apple is going up at all even with the iphone5

good luck
It's a deal if it's on RFD :!: :!:
Sr. Member
Mar 5, 2006
810 posts
52 upvotes
Jimboski wrote:
Jul 30th, 2012 2:20 am
After reading some of the IP5 specifications I wouldn't..
Actual specs or rumored specs?
Jr. Member
Jan 22, 2009
164 posts
15 upvotes
gamble with 1k on call if you think it's going up. but i wouldn't toss 22k into apple stocks at this time.
Deal Fanatic
User avatar
Nov 23, 2005
8295 posts
4015 upvotes
Why bother? Your $22k is going to get you roughly 35 shares and how much profit would that generate you IF (big IF) the stock goes up?

Always think of the saying "never put your eggs in one basket". If you want to grow your account/generate some income and keep it safer, invest in some blue chip dividend paying stocks.
Sr. Member
User avatar
Feb 27, 2008
586 posts
24 upvotes
It'd be cheaper to go with options. If you aren't sure of Apple's performance after the new iPhone, get a straddle on what you think the price will be then (~$600 is what I would say). Set it to expire in Sep.

You could also buy some stocks and a put option to hedge if you are bullish, and the opposite if you are bearish.

Top