Added another 5000 shares today - total holdings 10k - with an avg. PPS of 2.21. I am lowering my Buy to Hold with increased tension on the Foundry deal closing. I expect a moderate 8-10% pop on the deal closing or a 25-30% drop on the deal failing.
The depth of this recession has changed all the rules..in todays news you see Dow walking away from the rhome and haus deal..... in ten days you will see the same from the arabs.If amd goes down ...so does the x86 licence and the foundry has lost its biggest customer and the plan doesn't work.
"Added another 5000 shares today - total holdings 10k - with an avg. PPS of 2.21. "Not real good at math, are we?
I shouldnt even respond to this post - but wtf are you talking about? I now have 10k shares with an avg. of 2.21. Thanks for your very insightful post by the way, it was very very informative.
wow you must really enjoy losing money.