750 shares purchased at 2.70 (this is why I hate the buy / hold strategy, especially when my entry was soooooo WRONG! Well ,750 shares at 2.70 isn't bad, do the math and I invested $2200 into $COH and sitting here is another approximately $2000 and this bad boy ain't paying off yet. But as you can see unless $AMD goes bankrupt I'm pretty much safe, they are providing the chips for the new Xbox I hear and also the new PlayStation, so this thing should in say 5 years or so be back up at some epic point, if not then what can you do, on to the next one, this buffalo f'ing you up, get out. Right now the current price is at 2.48, so I am down about -$170 and that's the nature of the game, if I was patient in my entry I would have either entered into $AMD above 2.95 or around 2.30 ish, me being in the middle is annoying as this bad boy keeps trading in a range and I HATeeeee anything that trades in a range, it make me wanna vomit.
$AMD was at one point in it's life at 48, the lowest it's ever been was 1.60 ish, putting my entry at 2.70 into perspective in this range makes me feel a lot better. Say if $AMD goes to 1.60 I only lose -$800 (that is my risk) now imagine this bad boy goes to 48 in the next 5 years, I will rake in $33,975. My risk to reward ratio is 1:35. I am risking $800 now to make $33,975 god knows when, the chances of $AMD going back up there I don't know, but long term do I think I have a good decent entry and feel relatively safe? Fawk Yes. And so for those who think $BBRY (Blackberry) is a sucker and isn't worth buying Mmmmmm I kinda regret not picking up shares when it was at 6-7, right now it's at 13 ish so imagine you have $1300 to spare you buy 100 shares now and sit on it, you just never know and that's the thing with stocks an long term holds, you just never know. PLEASE don't go and buy 100 shares of $BBRY because I said so, this is not ADVICE haha it's only my opinion.
Below is a chart of $AMD from way way way wayyyyyy epic back!
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