Bought HTC on Friday. Lost 25k today.

[tommy525]

http://www.taiwannews.com.tw/etn/news_c ... id=1946525

investors buying HTC now as stock is seen is undervalued at moment

[trubadour]

I think the investors are wrong or hoping for short term gains. Long term, patents are going to suffocate this market. couple this with the fact that android actually gives the producers of handsets less to do (less value to add) than than adding cameras and screens. Also, even current bright light Samsung (who sell more handsets than apple, have a tiny profit margin in comparison. they are not able to add enough 'value'. Long term, then, HTC needs to innovate themselves into new markets. I guess people have to decide if HTC is going to come up with the new ideas. I ask myself, have acer, etc, ever done anything but copy and undercut?

edit:it seems the investors were aware (in advance?) of this: http://www.telecoms.com/13984/htc-and-china-mobile-sign-td-scdma-handset-deal/ I guess that'll be it, until they are actually able to turn this 'memorandum' into sales - sales with significant profit.

[Jaboney]

Sooo... Microsoft is now producing its own hardware, and kept its PC partners in the dark about it before the announcement.

And... Google might be doing the same, next week?

Well... what was that about HTC not getting Windows 8? No big deal because they're really selling Android phones. But if Microsoft and Google are headed in the same direction as Apple... even if they're just less accommodating of partners like HTC... might be wise to cut and run on the stock before the Google announcement, no?

The only hard decision they made was the big one: to turn against their OEM hardware partners.

I presume Microsoft timed this event to jump ahead of anything Google might be announcing at their I/O conference next week — and the consensus seems to be that Google is going to announce much the same idea: their own Google-branded, Google-designed tablet that will put them in direct competition not just with Apple but with their own OS licensees.
[...]
But make no mistake: for better or for worse, Surface marks a watershed moment in PC industry history.

Harry McCracken:

After 37 years, Microsoft agrees with Alan Kay: “People who are really serious about software should make their own hardware.”

The ever-astute Lessien, tweeting shortly after Microsoft’s event:

Microsoft’s move today suggests it feared the irretrievable loss of the tablet market to iPad, if it continued to rely on third-party OEMs.

[...]
There we have it: four short paragraphs that explain why Microsoft has turned its guns against PC-making OEMs. This move was driven by the iPad, but competitively it directly pits Microsoft not against Apple but against Dell, HP, Toshiba, et al. The intention is obviously to slow the iPad down, but the radical shift in Microsoft’s strategy is about the fight over the profits that remain after Apple’s. The math no longer works out for the Windows you-sell-the-hardware-we-sell-the-software model. It works for unit share (cf. Android), but it doesn’t for profit share. Nothing works sustainably in business without profit — profit is the oxygen companies breathe.

Even if Apple’s growth soon slows, Apple already reaps a massive share of the industry’s profits. And if Apple’s growth doesn’t slow in the next year or two, look out. All of Apple’s competitors in the phone industry, save Samsung, are now starving for profit. They’re dying, all of them — HTC is breaking even and the rest are deep in the red.
[...]
Surface is a bold move, and classic Microsoft. If the OEMs don’t like it — and they do not — what are they going to do? Turn to Linux (which no one wants) or Android (which no one wants on anything other than phones)? It’s the OEMs whom Microsoft thinks Surface can put into checkmate, not Apple.

If I’m right, it’s inevitable now that Microsoft will acquire Nokia.

[headhonchoII]

Google have people working on new hardware devices, that's what I've heard anyway.

[Mordeth]

In two more weeks HTC is paying 10% interest on stocks owned. So that's about 40,000nt if you own one stock/share...whatever. Luckily my wife sold ours right before it started climbing back up again . She bought it the day before it plummeted and sold it the day before it started coming back up. I keep telling her to leave stocks alone all together and she keeps insisting she'll get it right the next time. So far she's lost.....over 200,000nt and I think she cashed out up once....for a 10k gain. But if I had to choose between losing money or arguing with her......well....I can always make more money.

[kaikai34]

In two more weeks HTC is paying 10% interest on stocks owned. So that's about 40,000nt if you own one stock/share...whatever. Luckily my wife sold ours right before it started climbing back up again . She bought it the day before it plummeted and sold it the day before it started coming back up. I keep telling her to leave stocks alone all together and she keeps insisting she'll get it right the next time. So far she's lost.....over 200,000nt and I think she cashed out up once....for a 10k gain. But if I had to choose between losing money or arguing with her......well....I can always make more money.

Wow, so she's like the bizarro god of fortune. Let me know what her next move is so that I can do the exact opposite.

[Jaboney]

In two more weeks HTC is paying 10% interest on stocks owned. So that's about 40,000nt if you own one stock/share...whatever. Luckily my wife sold ours right before it started climbing back up again . She bought it the day before it plummeted and sold it the day before it started coming back up. I keep telling her to leave stocks alone all together and she keeps insisting she'll get it right the next time. So far she's lost.....over 200,000nt and I think she cashed out up once....for a 10k gain. But if I had to choose between losing money or arguing with her......well....I can always make more money.

Wow, so she's like the bizarro god of fortune. Let me know what her next move is so that I can do the exact opposite.

My dad's got the same magic touch.

[sulavaca]

My wife lost a couple of million on the stock market, the last time it tanked, and kept doing the opposite of what I was saying was going to happen for a while. Thankfully she took my advice though in the end, after a lot of teers, and started buying god when it was 850USD.

[Timabee]

I thought rule #1 was not to invest (or speculate in this case) without doing a bit of research (on the company, the industry and the market in general first). Investing enough to lose $25K (even if, as Tommy point out it is only a paper loss until you actually sell) without having done a good bit of research is not something you will want to repeat.

As for what to do now...again research...what was this apparently significant single day decline driven by? Is there a fundamental problem with the company such that earnings prospects are permanently down? Has the market soured on the industry (that kind of single day decline seems a bit extreme to be driven by industry concerns)? Was it perhaps associated with a general decline in the market overall - a reaction to national, regional, world economics? First, try to understand the reason for decline - that should give an indication of how permanent the decline is likely to be - then you can make a decision based on your own particular circumstances (can you carry the paper loss through the estimate time to recovery, if any)?

RW

[Timabee]

My apologies...25K nt ...not $25K.