My AMD puts appear to have been an ill-conceived notion.
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Looking like it's going the other direction!
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Haha yeah. My theory was that it was priced for perfection and that low Graphics card demand would drag on the multiple. Guess I was wrong.
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IQ on CNBC

https://www.cnbc.com/video/2018/07/2...-own-game.html
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Yeah, I hear you. I bought GE in 2008 and figured "It's GE! It will always "win"!

Down 35%. I imagine I've made a fair bit of that back in dividends over the 10 years, but it still sucks and I've been riding it down into the fire, and probably will continue to do so. Fortunately, it's not that much.

I made the same "It will always win!!" decision to buy Goldman Sachs when it dipped during the financial crisis. I think it was around $100/share. That worked out so good I sold when it was up to like $15 oor something, and it's been over $200 for a while now. And it pays a dividend (a measly one, but still). Brilliant! :-/
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You know what -- 10 years is enough time to ride a broken horse. I'm selling. All whopping 45 shares! It's in a retirement account with nothing left but two mutual funds and GE. Time to ditch the GE. Thanks for spurring me into action.
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This was supposed to be the year! Volatility is back, gonna be a stock pickers paradise!



Congress has been discussing making retirement changes through a plan named RESA. It's sorta up in the air AFAIK

I know they've discussed letting small businesses pool their plans which would definitely lower fees. Also, I saw something about a tax-free savings account possibly. I wish they'd make it where you can put more a year into an IRA. Like combine the amount you can contribute to 401k + IRA and let people put it where they want.
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Maybe I should do the same thing. But I keep thinking that I'm at least getting the dividend. At some point it'll rebound, right? Right?
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And now Twitter (TWTR) loses 20% in one day.
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So what's driving the facebook/twitter dives?
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An article I read about Facebook said that their earnings were fine, but their revenues were about 2 percent lower than expected. So therefore the stock dove nearly 20 percent.

That's why I bought a little more yesterday. If that's the reason, it was a complete overreaction.


One thing I've noticed over the past couple of weeks is that I have a number of stocks that are moving massively - up or down 6 or 8 or 10 percent in a day. The volatility is really unusual. I guess it could be people trying to figure out the impacts of the trade talks, but I find the amount of movement very odd.
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After constant growth in users for years, both of them are starting to see flat or negative growth in active users. That's the biggest part I think.
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Facebook had an awful conference call w/ significantly diminished future guidance revisions. They guided revenues to fall off in the high single digits.

Operating margin fell from 50% in the first quarter to 44% and they guided it to continue falling and settle in somewhere in the mid-30's. This is due to hiring lots of people to help fight fake news and deal with GDPR in the EU, etc. that they pointed out obviously don't do anything to directly bring in additional revenues.

In Q1 they had an operating margin of 50% and profit margin of 40%. If operating margin is settling into the mid-30's then profit margin is likely headed to 25%ish. So they're gonna make less profits on 7-8% less revenue.

Also, Sheryl Sandberg said they aren't sure GDPR is completely baked into the current quarter or not so it could get worse.

I don't follow twitter so no idea
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Now that you say that I think I read that Facebook had negative activity growth for the first time ever.
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