Advanced Micro Devices Inc (AMD)

[bobs10]

LOL, no doubt when you catch the flipside of the great AMD
valuation roller coaster round trip you will cry out in anguish
for federal probes into Intel, computer OEMs, electronics
retailers etc since obviously AMD was so good and infallible
it couldn't possibly be beaten in any fair competition.


Me...

You've been spending way too much time listening to Elmer and his drivel about AMD always returning to its' mean. All I know is that others and I have made a ton of money riding the AMD roller coaster. From that point of view I say let's do it again. With what I've learned I should be able to do even better the next time around.

Unfortunately things hardly ever repeat so it is highly unlikely that I will get that chance of a lifetime again. Not that I haven't done as well with some other stocks over the years, but that's not really germane to this board.

One thing that is relevant is that it's much more profitable to buy a stock at $3 that goes to $30 than to buy the same stock at $15. Of course that requires a little perspicacity and the guts to follow your convictions, but that's what makes the difference between stock losers and winners.