This stock isn't manipulated by anything other than people throwing money around.
The WSJ let an ignorant reporter chase an innocuous lead to a presumed conclusion. Nothing new there. That rag hasn't been worth the fish guts that get wrapped in it since the 50s.
Wynn Macau's earnings will go up because the means of devaluation, a fiat reduction in interest rates, increases liquidity, which increases total wages and disposable wages and gambling bankrolls.
Also, a decline in the value of local currency equates to inflation, including inflation in the price of local equity. Yuan down = 1128.HK up, and 1128.HK up = WYNN up, because WYNN owns almost 80% of it.
The stock is reacting correctly. Or it did, for much of the morning. And once people stop worrying about the woo-woo about money laundering, it will resume reacting correctly.
Correct. Nothing wrong with paying dividends and debt service from profits on existing properties, while borrowing new money against new construction.
The fact that new borrowing is dirt cheap just makes it an easier decision.
Somehow the pumpers seem to have missed this story. They sure aren't pumping it.
Samsung is including a royalty-free AMD technology in some of its monitors. The chances it won't do the same with the equivalent nVidia technology? Nil.
This is zero dollars for AMD, and no competitive advantage at all. But you keep running around with your clothes on fire claiming it's the fourth of July. I'll be over here counting your ex-money.
Insofar as my last statements were a guess with a wide margin for error, no, I'm right.
And every time I read your posts I wonder if you're still alive by the time I've read them.
I love TA. It makes people buy and sell for no reason, and I profit from that.
The value of those shares is included in the RE accounting. AMD didn't get anything like $20/share for new issues. At slightly negative tangible value and $6 billion negative retained earnings it's clear its lifetime average is between $7.50 and $8.
All of which, of course, has been vaporized by writeoffs of various product losses, along with all gross profits the company has ever booked, not to mention revenues.
Depending on the company's profit history (which the company website doesn't admit to before 2008), the total amount of income from financing and selling and investing that this company has seen come into its hands and burst into flames is likely to be somewhere between $50 and $100 billion.
AMD is incredibly efficient at making its shareholders forget that the purpose of commerce is to make money, not merely to stay in business despite obvious signs they're terrible at it. And that, my boy, is the secret to my success.
I will never have to cover.
Considering how fast this company cycles through CEOs, that shouldn't be treated as a one-time charge on the Q4 ER.
There is no way in hell that AMD management has been making the revenue number look smaller than it actually is.
Congratulations. Dumbest post of the day. And you have stiff competition from longtime champion dopes.
In no way is a change in the box design worth increased sales. Nobody will replace their existing PS4 or Xbox One with a new one just because it looks different. Overall sales will continue to decline on a learning curve that started dropping at the beginning of the product life. Prices will decline as well. Microsoft and Sony will demand concessions from AMD.
The day has come and gone. And the perpetrator of that fraud has changed his name but continued to spew.
I will never have to cover. Just keep buying. That is your punishment for the day.
That ham-fisted chop with the axe is not nearly enough. 20% of the rest of them need to go, across the board. Line managers will have to pick out which of their workers are least productive. Then middle managers will do the same to line managers and groups. Then upper management will do the same to middle managers and departments. Then Lisa will have to get rid of at least one division.
And then it will be a smaller, leaner company, but still several billion dollars in debt and with a damaged reputation for repeatedly delivering junk, locked into onerous supplier and customer agreements, making products that are declining very rapidly in price and very slowly in cost.
BUY! BUY! BUY!
I'm getting an extra 2.5% for worthless shares today.
And I just sharpened all my crayons.
I will never have to cover.