Apple Tops $ 500 A Share: Is It Time To Sell?

It seems like only a month ago that Apple was challenging ExxonMobil for the spot as the most valuable company in the world. Actually it was only a month ago, but after the stock finished over $500 a share yesterday it is now 16% bigger than Exxon.

That is quite a leap in less than a month.

Since the low in September of 2011 the stock is up more than 40%. Investors who have been on the ride for the past eight years have seen shares prices rise from as low as $6.36. That means that if you had invested $1000 in Apple at the low in 2003 it would be worth $79,000 today!

Even if you didn’t hop on the train until 2009 you would have made more than 500% on your investment. Of the forty analysts surveyed after the earnings report earlier in the month 38 of them rated the stock as a buy.

Fund managers are falling all over themselves to invest in the stock.

Is it time to try and stop the rocket ship?

This is certainly no dot.com, Apple truly produces the greatest gadgets in the world and its dominance of an industry has been rarely seen before, but bubbles form in all stocks and all markets, and this stock will be no different.

This time won’t be different.

At some point Apple will fall from the tree, but trying to stop the rocket ship is not only hard it can cost you great financial harm.

Here is a better idea.

Let the market tell you when Apple has run its course, don’t try to tell the market.

Trade the market you have not the market you want.

To learn firsthand how I would trade runaway markets like Apple speak to one of my representatives and sign up to work one-on-one with me here:

http://averagejoeoptions.com/qual/

As Always,

Keep those stops tight.

Todd “Bubba” Horwitz

P.S. We run the fastest growing online options community. With weekly webinars and a very energetic forum, my team and I are always looking for great risk/reward opportunities. Click on the link below and become a member of my community today.

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