Here's something about Apple (AAPL) I wasn't aware of.... apparently part of the 7:1 stock split (which means for every one share you own - you'll get 7 - and the price will be DIVIDED by 7)... is that they didn't have enough "float" (number of shares issued) to be included in the DOW. With the split - that removes that barrier.
THAT is a very big deal - because it means that every ETF or Mutual Fund MUST buy the shares if their "fund" is based off tracking the DOW. MANY MANY companies mirror the DOW. So typically once a company gets included in the DOW --- there is a lot of pent up buying demand.
Now -- the INVESTING 102 takeaway --- buying just based on something like that -- is GAMBLING -- it's not INVESTING. If you want to own the company make certain that you're buying it because LONG TERM it's a company that you want to own.... DO NOT buy because you THINK you're going to get a big pop. When you buy like that -- the pop doesn't happen -- the stock disappoints - and YOU LOSE MONEY. Don't fall into that line of thinking because it's a scenario that sets you up for failure. You'll be right one in ten times.... that's not good odds and isn't how you get fat financially. If you're rich already -- and have money you can afford to throw around - then maybe you can afford to do that.... but that's not smart money.
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