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Originally Posted by CRCRFT78
With Apples announcement of their stock buy backs and dividend payouts, what should we expect to see happening now? Buy more, sell, sit back and relax its not that big a deal? Just curious. My 6 measely shares won't make or break me but I am curious how this will affect the stock.
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I don't think any dividend hunters are going to back up the truck tomorrow - or anytime soon for a <2% dividend. It's just a kind of "peace offering" to the big holders that were screaming for some 'use of the cash hoard'.
The thing that is propelling Apple is it's products and it's stellar sales and profit numbers. As long as they have that growth and the stock is still "relatively cheap" on a P/E basis... and it has momentum. It should be just fine.
This is where I would remind people not to load the boat - or think that they're missing out not having MORE Apple. Remember the pigs get fat - hogs
get slaughtered. Be thankful if you own some and you're sitting fat and pretty.
