Stock: ARM Holdings plc (ARMH)

Discussion in 'eInvesting Buy / Sell Alerts and Discussions' started by Dave Rathbun, Feb 13, 2015.

  1. Dave Rathbun

    Dave Rathbun Original Creator Original Member

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    Dave Rathbun purchased 500 shares of (ARMH) ARM Holdings plc stock @ $49.16 per share.
     
  2. Dave Rathbun

    Dave Rathbun Original Creator Original Member

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    Dave Rathbun sold 500 shares of (ARMH) ARM Holdings plc stock @ $49.75 per share.
     
  3. Dave Rathbun

    Dave Rathbun Original Creator Original Member

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    There's no magic in this trade, I was just testing out the simulator screens. :) The fact that the stock happened to go up while I was doing so was a bonus.

    I do hold this stock in my real-life portfolio. It used to be an inexpensive way to get into the Apple bandwagon. ARHM is a foreign company (based in the UK I think) that makes components used in iPhones and iPads and so on. Back when Apple was over $600 a share, this stock was trading in the 30-40 range. The idea is that if you can't afford Apple, buy companies that Apple does business with, and a "rising tide lifts all boats" and so on.

    Then again, it didn't work out so well for the company that made sapphire glass...

    http://www.techtimes.com/articles/1...pened-to-the-sapphire-glass-maker-and-why.htm
     
  4. JRW-910

    JRW-910 Administrator Staff Member Moderator

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    $GTAT was such a hyped up stock. I feel badly because there were so many retail traders in it that must have gotten killed. Never touched that one... but did watch it closely as it played out.

    -JRW