Hey Cheaney40 you are a retard ...I was not compareing MXIM to ATML...however since my prediction is that mxim will go even lower than where is today , I was wondering WHAT KIND OF MONEY YOU WILL MAKE IF YOU ARE KEEP ON BUYING ON A DOWN TREND THAT MIGHT NEVER REBOUND? Capisce RETARD?...that proves to me that you cannot ever read you mother language ,SHMACK...LOL
You see, that is where I have an advantage over morons like you whose fundamental knowledge can't extend beyond a CNBC ticker. I don't own, or have ever thought about buying ATMEL which has been a joke about as long as you. You see, again that comes down to fundamentals, the fact you would compare MXIM to ATMEL says all anyone needs to know about you...
In 2000 a company in the semiconductor bussines called atmel was trading at about 17 -18 $ a share.A couple of month ago the same company was trading at about 3 $ a share.Please exlpain to me
how you going to use your brilliant system if the stock might go to 20$ and will never rebounce.
Yes, never try to catch a falling knife. But what does that mean? That means one catch. The best way to buy value is bite by bite. As long as I have cash (cash is king) I will eventually catch the bottom and average in my position. You can't wait for everything to be roses if you want to make the big money as a contrarian. Cheap is cheap.
Unfortunately, we are in the short term right now.
Long term, you might make money buying MXIM at this level, but you can probably do better.
An experienced guy like you should know better than to try to catch a falling knife.
Me thinks thou doest protest too much....but it's understandable since you are losing money.
The old school adage of investing such as buy and hold forever is done. People got wise to that in 2000. Either learn from the market trend and new strategies or be like the old saying, "A fool and his money are soon parted."
Maxim at this point is not a wise investment. There are many other companies out there that have great growth prospects and aren't sticking it to their shareholders via cashing out options. Jack Gifford is the king of that ploy.