what money from what cdma?
one can easily and carefree-ly speculate a 20-50x larger position on gold than on anything remotely to do with cdma, because gold is eternal, for all times, across all lands, to all people, and is backstopped by all officialdom of all civilization states and all pop cultures nation states.
meaning a 1% move in gold is worth a 20-50% move in qcom.
cdma?
cdma is like an unwanted but tolerated girlfriend such be the likes of rot named paris of the hilton's, allocation here and there, as the mood swings, every so often, not too often, generally pretty but otherwise pretty pointless, and has no more upside than after first casual acquaintance for sporting exercise as demo-ed via put call straddle strangle numerous times on these si threads.
korean companies made money from cdma? heck, saudi arabian companies made money from oil. that does not mean one should invest in either, because neither has upside, relative to gold.
since we first communicated re qcom and gold, and that be Message 15410107 (feb 26 2001) when qcom was in the 27 split adjusted range and gold was 266, qcom is now at 53, annual gain of 6.98% meaning ^%$#ck-all, and gold, the eternal, glorious, supreme, elemental, is now at 1460, meaning 18.56% annual gain.
if you do not bother with tallying the chump dividends distributed by qcom to date then i shall refrain from counting in imputed gold lease rate collection, and in any case the demonstrated derivative trades around gold, paper gold and gdx gold generally tally to 12-18% per annum, far outstripping anything qcom can dream about paying out.
better still, gold does all without board resolution fuss, r&d pain, marketing cost, and after sales service bother. how great can it be?
iow qcom was, is, and would always be a bad call in so many ways because it was is and always would be a bad call in all ways, always.
50,000 invested in qcom in 1992 could have been offset by a steady investing program of put/call machinations on gold while on the way down, and a 20-50x spec on the way up. gold, down and up and down and up is hard to beat because it shall not go to zero and has always been very liquid, because it is, at the end of each day and the beginning of every night, gold.
do you get it? can you get it?
maybe not, because apparently not.
even if we were to go back in time to qcom start, it scores 'merely' an annualized 24% gain, whereas gold has been the refuge of so many from so much for so long in such a lot of places over human history.
iow, gold is a fundamental good, and qcom shall disappear.
... and within the past 5 years? finance.yahoo.com
finance.yahoo.com
a giggle, to quote you, or
chortle crackle chortle crackle in the same vein
as to beijing and hong kong, both places are just fine. the pollution you speak of is dynamism and promise, freedom and enterprise, i.e. the future that matters.
in truth, anyone speculating in qcom is shorting the future of change, and everyone long of gold is invested in same future of change.
trust that makes your day ;0) |
