I'm in AAPL at cost basis $125 for about 5% of my portfolio but lately with Foxconn riots and bad sales this winter I predict that in March 2023 AAPL will be sitting at $80 a share and ultimately head to $50 a share!
I won't be adding to AAPL until maybe around $70! I'm now 30% cash in my money market waiting.
I know that Cramer says “Own apple don't sell it!” So I will be holding my 5% position down to a 2.5% position but I have other stocks that will make up for the loss.
So I am predicting that due to headwinds and Foxconn riots and general slow downs unfortunately we will see a sell off maybe in aapl by March. I'm just guessing but I have determined that I myself will buy at around $75 to $55 dollars a share.
Like I said though i will not sell my current position as “you never know”.
For example I could sell AAPL Monday and then by Xmas it could be $155 or $160 a share! So why sell now?!
Anyways I still believe in AAPL long term but I think i want to hold out for may be $75 a share.
So I did the math and at $75 a share I can get 100 shares for $7500 and then if they ever get back to $150 I'll double my money someday!
Good luck all! Exciting times ahead!
Leave a Reply