December 26, 2007
Merry Christmas for Apple: stock at an all time high again
Posted Dec. 26, ’07, 5:15 AM PT by Derik DeLong
Category | Business
You might be getting tired of hearing it repeatedly (and none of us here personally think it’s going to stop anytime soon), but Apple’s stock has once again set a record for itself. It’s reached an all-time high of $199.33 yesterday. Nearly $200.
As happy as I am for Apple, these records actually tend to depress me. Why? Well, if I’d invested when I became a fan of the company, back when every know-it-all was predicting the doom of Apple, I’d be on the verge of retirement, laughing all the way to the bank.
Instead, I cry into my morning cereal once again, thinking about all that money. If it breaks $200 before the new year, I’ll need a lot of champagne.
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Trade options, much cheaper to make more profit on. (I use Think or Swim)
I feel your pain.
$5,000.00 of Apple stock at $10/share (that's 500 shares) back in/around 1997 -- with the stock splitting TWICE since then (totalling 2,000 shares) -- will be worth $400,000.00 @ $200.00/share.
Oh Lord.