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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (96672)	11/19/2010 3:55:10 PM
From: JeffreyHF	7 Recommendations Respond to of 196545

Don't get too used to it.You'll only be right until you are wrong.

To: Jacob Snyder who wrote (96672)	11/19/2010 5:24:26 PM
From: Mr. Sunshine	1 Recommendation Read Replies (1) \| Respond to of 196545

<<I could extend this chart back to 1999...> I think you are ignoring some splits. $48 (pre- x16 splits) was also usually a good time to sell pre '99. Of course one day it hit $48 and just kept on going up, and up, and up... If you were short it was not a good time. I buy/sell some trading shares now and then, but my heirs will be selling most of my QCOM.

To: Jacob Snyder who wrote (96672)	11/19/2010 7:10:35 PM
From: BDAZZ	Read Replies (1) \| Respond to of 196545

I remember your post a couple of months ago and was wondering if you sold. Congrats, you did well and I think a lot of others also saw the pattern and sold recently, which is one of the reasons for the stall. I bet the buy at 36 was harder than the sell at 48, but why so tentative on the short since your plan calls for a drop back into the thirties?

To: Jacob Snyder who wrote (96672)	11/20/2010 10:55:00 AM
From: Jim Mullens	Respond to of 196545

JS, re: -disclosure: no current position..... You previously mentioned you bought a largeQCOM position on May 20 at $36 and held thru July earnings, but now have “no current position”. However, I don’t recall your post stating when you sold and at what price. Would you care to post that link, and if none reveal that date(s) and price(s)? Also, would you care to let us know- + if you had stop loses on QCOM and at what price(s) since May 20. …..I note QCOM fell ~ 12% shortly after your large buy. + if you did other QCOM trades between May 20, and if so the dates and prices. TIA-

To: Jacob Snyder who wrote (96672)	11/21/2010 3:40:24 PM
From: Jacob Snyder	4 Recommendations Read Replies (6) \| Respond to of 196545

I predict I'll get another chance to buy QCOM at $36. The best test of any theory, is it's ability to predict future results. I don't know exactly when or how this will happen. It could take several years, and I'm capable of being patient. Or it could happen tomorrow. It might be caused by a recession, or a macro shock (military, political, and/or financial). It might be caused by QCOM management wasting a lot of money on the next wild scheme, like they've done so many times before. It might be caused by losing a big lawsuit, or something nobody on this board (including me) anticipates. At $48, everything has to go right, for QCOM to keep going up, and anything bad can drive it down. Further: I'll make a guess on QCOM's range in 2011: $54-36. That is, I'm guessing we are now near the top, and the floor will be where it has been most of the time since 2005. If others on this board want to make a guess, I'll summarize all guesses (which must be made by 12/31/10), and re-post them on 12/31/11. Rather than simply dissing me, how about if some of you make some specific predictions. I will re-post it, even if my guess turns out wildly wrong.