"Hard to take seriously people who can't spell simple words."
Generally give them a pass until it's determined whether they're ESL or native speakers, or just sloppy typists.
I know my own typo rate has gone up a lot since I got a new keyboard at home. It's super-quiet, but the rubber-cup tactile feel confuses my muscle memory and results in a lot of stray presses, and these tiny input boxes with tiny fonts make it hard to notice immediately, and i'm certain the spellcheck thing only works half the time. and just told me i misspelled spellcheck...
you find some derivative that tends to move the other way. in this case, puts against your own stock, ironically...
Rates are not skyrocketing. Bonds are down and mortgages are up marginally.
US Treasury Bonds Rates
Maturity Yield Yesterday Last Week Last Month
3 Month 0.03 0.04 0.03 0.06
6 Month 0.07 0.08 0.08 0.09
2 Year 0.23 0.23 0.22 0.25
3 Year 0.33 0.34 0.32 0.39
5 Year 0.72 0.73 0.70 0.87
10 Year 1.79 1.80 1.76 2.02
30 Year 3.01 3.02 3.01 3.23
Loan Type Today Last Week
30 yr fixed 3.51% 3.43%
15 yr fixed 2.69% 2.64%
30 yr fixed refi 3.49% 3.41%
15 yr fixed refi 2.68% 2.62%
30 yr jumbo 3.94% 3.92%
5/1 ARM refi 2.52% 2.53%
If they didn't put a hedge in after last quarter, they should be fired.
when the market stops waiting for its biggest sucker, it will walk away
then the plates will fall
AMD is totally screwed,. Silvermont and Tegra 4 will eliminate any need for anyone to need any slow, late, pointless implementation of ARM from AMD.
nVidia would have had to double the drop in their guidance if they'd accepted any gaming-console designs. And they have avoided the crippling blow that open-source consoles are going to deliver to the sector. That they're being paid almost retail prices for the chips in those open-source consoles is a little icing on that cake.
Rich people are susceptible. Lots of new "investors" just joined the NFL and collected their signing-bonus checks. Next year's "had it all and lost it all" story on the overdramatized ESPN documentary carousel.
AMD's competition is way ahead of AMD in every area. Nothing AMD does isn't completely unprotected, and there are several rapidly approaching collisions. AMD has no defenses at all. And now it's standing on one leg muttering "wax on, wax off" to itself, and there's no Hollywood ending planned.
Carnage ahead. Don't buy the hype. Sell into the windfall they're handing us.
After Hours : 14.05 up 0.14 (1.01%)
Hope you weren't short. Not that it would matter until you cover. But nVidia has a future, unlike AMD.
The inability to read English was item #1 on the list.
"Hold", on Wall Street, means "Sell". Always has, always will.
Oops. Sorry. Typo. Hector only got paid a $3 million bonus for losing a $billion of AMD shareholder equity on the fab sale.
Pretty good trick, though. Selling the factory you work in out from under its owners' noses for a fraction of its actual value and then getting 3 months' pay as a bonus for stealing from him like that and then quitting and being named CEO of the factory you used to work in...
Lordy are AMD shareholders not the most gullible things since lambs following each others fuzzy little #$%$ to the abbatoir?
Macquarie downgraded it to Hold as soon as it rose more than a few percent. They were the most recent upgrade, too, so they were looking straight at the latest information when making both calls. The rest of the analysts were asleep at the wheel, since AMD is now below their radar, and they're looking at each other wondering just who the heck it is that could be buying this turd with the vaporous products and the paucity of cash and the vaulting competition.
And any investor with more than six weeks experience knows that "Hold" is Wall Street for "Sell". So you're fooling nobody.
Anyone with more foresight than a mole knows that AMD has no future, no matter what Rory's "national news" press release told you.