Originally Posted by
patentcad
Good pop for AAPL after the quarterly call. Whew. Plus they juiced the dividend and pumped the stock buy back from $10b to $60b over the next two years. That works.
This sell off of the stock is so overdone it's ridiculous, but that's how AAPL can roll, and it has been that way for the 6+ years I've owned the stock.
And the erosion of your value. I bought CRUS as a proxy for AAPL. I can't afford dozens of shares of AAPL like you Foil owners (heh), but figured I would ride the expected pop through another position. My plan is to sell out after the fall earnings
I'll take it, but by no means will I ever buy and hold something that is never going to perform like it once did. Those days are over. Competition has caught up and you can only litigate your way to profits for so long.