hairylunch (hairylunch) wrote,
hairylunch
hairylunch

Stock

Wow, I bailed out of Apple stock at around $50-$55/share. Looks like I should have had more faith in the company, as they had an 11% gain today, and closed at $61.35 today. In either case I profitted, since I bought at $19.125, but this was also way back in 2001 I believe - which works out to about 43% interest/year. I can't complain. What's really interesting is Piper Jaffray upgrading his price target from $52 to $100, which is what led to the massive gain today.
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