brianiscool
join:2000-08-16
Miami, FL |  Worth buying AMD stock?
I was looking at AMD's chart and noticed their stock is lower than they opened. Is now a good time to buy? Just wondering because a company might offer to purchase them. |
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beck
Premium,MVM
join:2002-01-29
On The Road
 ·Verizon BroadbandA..
| You will now get 3 answers. Yes, No, or Something Else.
I have no idea if it's worth buying now (so I'm a something else). But my advice is for you to carefully study some reputable funds and invest in one of those for long term. You're still young so you have many years to ride the wave. And who knows, when you are old, you might actually have accumulated a decent return on it.
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Some people are like slinkies - not really good for much.
But they bring a smile to your face when pushed down the stairs. |
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brianiscool
join:2000-08-16
Miami, FL | I am hoping someone buys them out and they shoot up to $40 a share or more. |
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MattE
Obama '08
Premium
join:2003-07-20
Jamestown, NC
 ·North State Commun..
 ·Corporate Colocation
edit:
July 15th, @08:25AM
| said by brianiscool  :I am hoping someone buys them out and they shoot up to $40 a share or more. Then don't buy them unless you KNOW someone is going to. Hoping they get bought is a surefire way to lose your money.
Even if they get bought, they are at $5 share now. They won't go above $40, or get anywhere near that. I'd say if they get bought, you'll see a 10% premium. So you'll see $5.50 a share. When a company is bought, your number of shares aren't exchanged equally for shares of the new company. You get fractional shares of the new company. So, assume your AMD share is worth $5 and they get bought by someone who is worth $40/share, you'd get 12.5% of a whole share of the new company for every share of AMD you own.
In other words, you'd make $.50 a share, maybe. Not $35/share like you're hoping. |
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Hall
Premium,MVM
join:2000-04-28
Dayton, OH
| reply to brianiscool
said by brianiscool Just wondering because a company might offer to purchase them. [/BQUOTE : Why do you say that ? |
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brianiscool
join:2000-08-16
Miami, FL
edit:
July 15th, @11:12AM
| said by Hall :said by brianiscool Just wondering because a company might offer to purchase them. [/BQUOTE : Why do you say that ? their stock is so low now, is a good time to buy the company out |
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cocothebean
You Are My Nightmare
Premium
join:2002-11-16
Carson City, NV
 ·Charter Pipeline
| reply to brianiscool
said by brianiscool :Just wondering because a company might offer to purchase them. I think AMD would be a hard sell when you know you have to go head-on with INTEL!!!
Look closely there are hundreds of good companies whos share prices have dropped and most likely will drop even more!!! |
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Dersgniw
Disco Crunchin
Premium,MVM
join:2001-08-10
behind you
clubs: | reply to brianiscool
Rule number 23 for smart investors. "Don't use a message board as a method of researching stocks." |
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CylonRed
Premium,MVM
join:2000-07-06
Bloom County
·Speakeasy
edit:
July 15th, @11:05AM
| reply to brianiscool
said by brianiscool :said by Hall :said by brianiscool Just wondering because a company might offer to purchase them. [/BQUOTE : Why do you say that ? their stock is so slow now, is a good time to buy the company out Only if there is reason to buy them out and then they need to find someone who will buy them out. Only way they are going to get bought out for $40/share is if they are already close to that price. They have a lot of debt a new company would have to deal with and that will force the price lower. Rule #2 for stock buyers - don't by on "I hope" and nothing more. |
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quatrix
join:2005-02-11
Davie, FL
| reply to MattE
said by MattE :Then don't buy them unless you KNOW someone is going to. Hoping they get bought is a surefire way to lose your money. If he knows someone's going to buy them out, then either it's illegal insider trading or the news is already out, in which case it's too late to buy. |
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utahluge
join:2004-10-14
Draper, UT | reply to brianiscool
I think there was an article here on BBR that had AMD as one of the companies that will be out of business soon. I wouldn't buy any stock from them as there is a good chance my money would disappear. |
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CylonRed
Premium,MVM
join:2000-07-06
Bloom County | Intel can't really afford that - I think they will either be bought or do a partnership with another large company but Intel has a lot of money tied up in AMD.
They won't be bought in the level that the OP wants. |
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Goldman
join:2002-06-21
Maumelle, AR
edit:
July 15th, @11:08AM
| reply to brianiscool
I wouldn't ask for stock advice on ANY internet forum.
I think it would be a good idea to forget individual securities and put your money into a no load, low-cost index fund. Especially with the dow below 11,000.
My 2 pennies. |
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Drex
Beer..It's What's For Dinner
Premium
join:2000-02-24
La Place, LA
·AT&T Southeast
| reply to CylonRed
Maybe the government will bail them out. They seem to be doing alot of that lately anyway. 
--
I gave up drinking and eating bad food. And in 14 days, I had lost 2 weeks. |
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CylonRed
Premium,MVM
join:2000-07-06
Bloom County
·Speakeasy
| reply to Goldman
Securities are fine just as long as the horizon for investing is many years down the road.
With a up and down market like the last 5 years or so - well managed funds are generally better and can return a good bit more than an index fund that goes up and down with the market. |
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KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK | reply to brianiscool
It's a risky move.
AMD has some major financial problems. Even if they are bought out, I can't see it being at a really high price. I'd say no.... |
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Hall
Premium,MVM
join:2000-04-28
Dayton, OH
| reply to brianiscool
said by brianiscool : their stock is so low now, is a good time to buy the company out Holy sh*t ! You're right ! I'd invest every penny I had in them... Their share price is really low. I wonder why though ? I wonder if the "why" is reason enough for them *not* to be bought ? |
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RogerADSL
join:2004-12-10
Lawrenceville, GA | reply to brianiscool
BUY BUY BUY!  |
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Cthen
join:2004-08-01
Ypsilanti, MI
·Comcast
edit:
July 15th, @11:55AM
| said by RogerADSL :BUY BUY BUY! Well considering the OP has broken some of the rules of trade I'll throw in what I think.... I would have to agree with that. For some reason something tells me this is just a repeat of history for AMD. Remember when all these rumors flew around about AMD going under before they released the first Athlon processor? |
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John_W
Premium
join:2000-04-25
Worcester, MA
clubs:
| reply to brianiscool
Jim Cramer from CNBC's Mad Money said the other night to stay away from technology stocks right now because of booyah this and booyah that.
So I am not sure but I believe Cramer telling people to stay away is code for telling them to BUY BUY BUY!
I really wouldn't dump my money into a stock to speculate whether it may or may not get bought out. AMD is in tough shape. That's why the price is so cheap. They can't keep up with Intel's chips. Ever since the Core2Duo came out, it was like a death blow to AMD.
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Team Discovery--BBR Team Helix--Cuz I Care!! |
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