Thursday, January 12, 2006 1:58:22 PM
Want to provide a link, liar?
I provided the link several times already. here it is one more time:
http://www.investorshub.com/boards/read_msg.asp?message_id=7905326
I said to "look for a place to sell", which may be a bearish statement, but far from recommending a put position. If you had followed my advice, you would be holding your current shares until the price falls, which still hasn't happened yet.
The price did fall already. From ~ $24 of your "sell" advise to $21. So I guess that was it. Or was it?
Ok, looking RETROACTIVELY it wasn't it. I understand that you are waiting to provide a RETROACTIVELY the exact timing of your sell recommendation...
A put position at this point is not the advice of a broken clock, but rather a statement that the stock has gone from bullish to highly oversold.
??? you mean overbought?
If I were you, I'd be watching the price daily (not that you deviate from this anyway), but I would also be setting a stop price to bail out in case the flood gates give way. The market was expecting good things from AMD, but now they seem to be expecting the world, and there is low likelihood of AMD being able to deliver to today's expectations, let alone the pie-and-the-sky hope that they will continue to take large share portions from Intel now that Intel is ramping 65nm.
AMD was supposed already supposed to be buried by 300mm wafers, 90nm, cost of SOI, now 65nm...
Joe
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