Replies to post #18111 on Advanced Micro Devices Inc (AMD)

[wbmw]

Blauboad, looks like you failed to buy any at $3, and you'd like to have me to thank. Very kind of you, but at $3 I was considering the stock as a pretty cheap opportunity, in spite of mounting problems on various fronts. Unfortunately, I was at MPF2002 the week of the dip, and by the time I returned home, the stock was already at $4.50. That's when I decided to sit on it and monitor. Too bad it only went up from there. C'est la vie, but it's not worth crying over. There will be other opportunities, even for you.

[HailMary]

Too late now for them.

I feel like such a fool buying all those shares $20.02, $11.70, $6.25, $4.65, $6.95, and $8! OK - I was a fool buying in at $20.02! And I have to tell you there were many days I felt foolish holding on when the stock was around $3, but I believed AMD would make a good recovery in line with the next semiconductor upturn. So far, it looks like it is paying off. I think a good strategy is buy, buy, buy when there is lots of doom and gloom on the boards as long as you believe in a recovery, and sell, sell, sell when the biggest bears give in and go bullish. So the bears do serve some purpose here. :)

HailMary