Seeking Alpha
  • Sal Marvasti
    I should have bought ARMH when I was a student. Could have bought for $2. Even 3 months ago I should have bought ARMH, as a hedge vs AMD
    10/10/12
    Reply (10)
    • Ashraf Eassa: ARMH is an overvalued momentum stock. If you want to play the expansion of ARMH ecosystem, buy NVDA, QCOM, or TSM.
      10/10/12
    • Ashraf Eassa: Or AAPL. At least it is a cash generating machine at a really low P/E multiple.
      10/10/12
    • Sal Marvasti: Lol, I just plotted ARMH vs INTC from June when I started thinking PCRFY.OB is cheap. ARMH +30% (outperformed S&P) INTEL down 16%. Are we morons?
      10/10/12
    • Sal Marvasti: NVDA down just like INTC
      10/10/12
    • Ashraf Eassa: Yeah. Makes no sense. NVDA reaffirmed guidance...Tegra roadmap strong, ~1/2 mkt cap in cash, solid mgmt. I buy companies not sectors.
      10/10/12
    • Sal Marvasti: Don't I am going to average down tech. Tech stocks don't make sense to me. Oil stocks are so much simpler = OIP, tax, expected oil price.
      10/10/12
    • Sal Marvasti: And I work in tech.
      10/10/12
    • Ashraf Eassa: Long term, $AMD, $INTC, and $NVDA will be fine. Sold some $INTC today to add to $NVDA position.
      10/10/12
    • Sal Marvasti: I am keeping AMD simply because if I sell a shorter makes profit. its down 30%, but is short 20%. you could assume nearly 100% is shorters.
      10/10/12
    • Sal Marvasti: I will come back when I am sure its bottomed out. That means a week of rising and holding price.
      10/10/12