Replies to post #63279 on Advanced Micro Devices Inc (AMD)

[P2O I'm from MO]

wmbw:

I guess it depends on how you invest....

IF you invest the same lump sum of money for each trade then:

Buy:

1000 @ $ 3 = $ 3,000
200 @ $ 15 = $ 3,000

Sell:

1000 @ $ 30 = $ 30,000 Net: $ 27,000 - commissions
200 @ $ 30 = $ 6,000 Net: $ 3,000 - commissions

diffference: 9:1

Regards,
Mike.

[bobs10]

Sounds like gradeschool mentality. A "10 bagger" must sound so much better than a "2 bagger" to you, right? Almost FIVE times better? But in reality the profit you take home after buying in at $3 and selling at $30 is less than twice what it would be if you bought at $15. And how many years has it been since AMD was at $3?

This can be your first *real* lesson in investing, chump.


Me...

I think I now see why your invested in INTC. Good luck.

[I_banker]

wbmw, you should check your math. Perhaps a retraction?

[Tenchu]

Beamer, And how many years has it been since AMD was at $3?

This is all you needed to say. Anyone can teach a "lesson in good investing" based on retroactive trading.

Tenchu