Hello brian, here I am, lounging at the Beijing Capital Airport of the People's Republic of China, readying to depart for that metropolis I call Freedom Mountain Kowloon and Money Rock Hong Kong, and I am not trying with any measure of diligence, due or undue, to figure out what category of individual you may be, since I am generous in my heart towards all, adore my neighbors and especially the young wives.
I said, <<If I can keep winning at 50-80% rate, plus dividends, and keep losing at 14%, I will do fine, mathematically speaking :0) I any case, sure beats QCOM>> which should be self-evident truth based on facts, and math, or so I thought, but I guess a casual reader not bothering to ponder may get it wrong, the truth, that would be.
... and so you noted <<Hmmm. I bought a boat load of QCOM at 30 and 40 something (before split) between May 2002 and May 2003. Every share I owned from then has had more than 80% + return so far. I need to triple check my math again to see you are right or I am right. ;-) I know it is not final until I sell (not ready yet).>>
... to which I annotate, my profit is higher, my willie is most likely bigger still, and if I can keep winning at 50-80, and losing at 10-15, I can beat QCOM, especially since I already have beaten QCOM, so many times, again and once more, and then yet twice again, at annualized rates, with more security, given that the gains are realized, and net net fcuking net, much more, because you exist in a socialist centrally planned economy full of no doubt deserving people joyously voting your wallet, they who are in need of your dollars and cents, and in any case, all are pointless points, because QCOM will ... well, you know. Did you get all that? It qualifies as a rant. Do you see the difference between facts and truths from this paragraph? If not, we will have more opportunities to exchange on these points.
<<I though you had purchased some at 29 before split>>
... You thought more or less correctly, and well, I guess my return on QCOM was infinite in some sense, for the one part, and well defined for another, because it was a straddle play. Besides, since I exited QCOM, I was able to be more patient on Lumacom, which if you also remember, was a 10 bagger in a year of preciously few 10 baggers.
I am not big on return-free equity shares, and basically only trade them to the next fool standing in line and move on.
As to ... <<Sure beat reading those garbage financial presses and predicting financial collapse. :-)>>
... I do not know much about readings and predictions, since I prefer to digest and ponder, and feel the time is thus better spent than massaging myself into believing I am due-diligencing about the unknowable.
<<Well. I was bored so I continued to buy QCOM calls to avoid checking my math. Amazingly those calls come back at even better returns than buying shares. Yeah. Yeah. I need to prove it to you. But I will not. (gg)>>
... unlike you, I am hardly ever bored with math. Whatever made you think I would want you to prove anything, to me or anyone else? Is this what you think communication and learning is all about? Very sad, if so. But I am almost certain that you are not that type of person who may exist rather then live, and so I do not have to even think about proof and such. I mean, after all, why bother, as in that is not what it is all about, is it? Did you understand my question?
Of course, it is always more useful had you posted your buys and sells with some consistency when you made them, so that others can digest and ponder. Why are we on SI, except to try to help each other make some scratch and avoid some losses. I cannot imagine otherwise. Can you?
As to <<OVTI quote.bloomberg.com >> do you think it is still a buy?
As to <<We will see. (I am a nobody clause included.)>>
... I find it somewhat cryptic that you would note this point. I mean why? does it add to the informational content of what you say? is it important for you to state such? did you give me a false impression before?
Do you find our exchange refreshing, useful, fun, interesting, a teaching and learning experience, something to be looked forward to?
I do also :0)
Fun and money, money and fun, is that all there is to life? I hope so.
Chugs, Jay |
