Quote:
Originally Posted by Hammock Parties
Nope. IQ is still an ass.
I'm thinking about taking that money out and making a few investments in Mahomian Stocks.
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IQ still blows. When it spikes, I sell a covered call to at least make some money. Once it gets back above $30 I will be looking to sell.
Alibaba is killing me too. ****ing China!!!
Quote:
Originally Posted by Rain Man
I have some apple and it's been great. I'll keep it. But I still kind of wonder why that stock is so valuable. They're in a field that has lots of competition, and their niche seems to be user interface and cult loyalty. The first one of those is easy to lose as soon as someone else comes up with a great idea. I think the second one lasts as long as the first one is in place.
So I've got some, but I don't think I'd keep buying more.
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They are a cash heaven and are well run, that's why it's so valuable. They are always innovative and have secured cult status for many. The stock buybacks will continue to keep the stock price nice and healthy as well.
Smart move Rainman.