Replies to post #593 on AMD strictly moderated (AMD)

[HailMary]

2. Football. A long pass thrown in desperation, especially near the end of a game.

Part of my investment style is to take some gains from more conservative investments and throw an occasional Hail Mary by buying well out of the money calls on stocks I think are likely to make a breakout. This strategy has worked rather brilliantly. The times I lose out on a bad call are more than made up for the times I make 10x or 20x gains. AMD has been one of my better plays.

I guess you are trying to say AMD is throwing a Hail Mary. Perhaps you are somewhat correct in this. I have been saying for weeks I think Intel's NGA is going to hurt AMD and I plan on exiting my position when it is obvious that is what is happening. I'm still holding now because the street seems in love with AMD at the moment, and there is always the possibility of another Intel screwup.