Time To Sell Apple Stock? Apple Stock Split Update
With an epic run in the Apple stock ahead of the stock split, investors are holding on to enormous profits and trying to figure out whether they should sell their Apple stock now or continue invest. On the other hand, Robinhood traders are flocking to Apple stock, believing that they should buy Apple now at over 500/share.
With the stock split upon us, traders have to decided to buy Apple stock before the stock split, not fully understanding what the stock split means. The current Apple stock price is too high at this point, and this video advises you on whether you should buy or sell Apple.
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Disclaimer: Ryan Mallory is not a financial adviser and this video is for entertainment purposes only. Consult your financial adviser before making any decisions.
Stock splits do tend to offer an area of confusion, mostly to those who so not understand exactly what is going on. But it is true that we very seldom see the shares of loser companies splitting. But the time to buy is not when the crowd is rushing in. By that time it is "Too Late". Basing decisions on the emotion of the moment is seldom a good choice.
But why would the author recommend to sell $AAPL right before the product launches for Apple watch, ipad, and iPhone 12?
Possibly the author thinks that those products may not do well. Some folks do get inside information. Or maybe just a different point of view?