wbmw - thanks - the stops are smarter than I am
The stop (and Schwab - I had the stop @ 15.75, but they got me the 3 cents on it) really saved my bacon, as I was in meetings all morning and would have been a large % worse off if I'd been left to do my own trading.
Seems like the downslide was reasonable, given the amount ATYT's shot up this year. And, with a PE of ~ 100, I'm guessing all the "growth" has been built into it already
So, the conf call just reiterated what people already knew - ATI's doing well, but not so well that there is still a massive upside. So, it seems people responded accordingly.
From a consumer's perspective, it's great to have NVDA and ATI keep each other honest, just like with INTC and AMD. Still, from an investor's perspective, I just wish one would bury the other - doesn't matter which - so that the monopolistic profits would kick in for a while until the next competitor pops up.
neye
The stop (and Schwab - I had the stop @ 15.75, but they got me the 3 cents on it) really saved my bacon, as I was in meetings all morning and would have been a large % worse off if I'd been left to do my own trading.
Seems like the downslide was reasonable, given the amount ATYT's shot up this year. And, with a PE of ~ 100, I'm guessing all the "growth" has been built into it already
So, the conf call just reiterated what people already knew - ATI's doing well, but not so well that there is still a massive upside. So, it seems people responded accordingly. From a consumer's perspective, it's great to have NVDA and ATI keep each other honest, just like with INTC and AMD. Still, from an investor's perspective, I just wish one would bury the other - doesn't matter which - so that the monopolistic profits would kick in for a while until the next competitor pops up.
neye
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