Bought HTC on Friday. Lost 25k today.

[SillyWilly]

Simple answer to that, no. Why would anybody buy a facebook branded phone, seriously? You can get a facebook app on any phone.

It only shows how desperate Facebook is for real revenue streams. Seriously, not a good idea for HTC to get involved in a joint venture with Facebook. But desperate times call for desperate measures and HTC is very desperate.

[ceevee369]

HTC collaborating with Facebook on the production of a new cellphone specially designed for using Facebook. It's said to be slated for release next year.Could that be the big-hit product that gets HTC's profits booming again?

Most likely not as this is just another attempt from HTC to eat from different walls limiting further damage and keeping shareholders "at ease" (fail).
They already had "FB" branded phones (ChaCha & Salsa with dedicate hardware button) which were not a big success. Good concept, but failing hardware.

Now, the article mentions a re-written OS (FB + HTC's Sense combined? ) in which other things might be hidden.
If I would be HTC, I'd look into a special deal embedding the Mobile version of the upcoming FB App store and taking royalties on it.

Last, if HTC thinks they can repeat (bluntly copy) with FB the success they had with the Google Nexus phone (made by HTC) they (The Product Strategy Bunch) are utter utter...

[mahkie]

The big problem with the phone market is that phones are getting pretty close to the "end state" of technology improvement. How much are you going to meaningfully innovate when you have a hyper-thin piece of glass and metal?

We've seen this shake out with the phone companies trying to blur the line between phone and tablet, but the end result I see is software being the most important differentiation point, which disadvantages typical Asian companies that make killer hardware then just throw whatever software is cheapest onto it. Moreover, Apple is years ahead of the competition in attracting developers to develop great apps by providing billions of dollars in market for them. Android is plagued by piracy and paid software doesn't even work in Taiwan from what I gather.

Korea is thinking about subsidizing a Korean phone OS. That might work quite well if done right.

[Tony the Tiger]

This can't be a good sign...

http://news.yahoo.com/htc-shutters-seou ... tml?_esi=1

[headhonchoII]

Yes Apple sits out on it's own and now has first mover advantage and is one of the wealthiest companies worldwide.
Samsung came in and with superior marketing and larger financial and industrial power outmuscled HTC.

As the poster above said smartphones are reaching a maturity phase similar to laptops, where do you go from here with current technology? Also growth will start to plateau in developed countries, meanwhile cheaper smartphones will occupy most of the space in the developing countries where the market still has massive growth waiting , the rich elite in those countries will opt for status and pay more for an iPhone or Samsung, leaving HTC in a bit of a difficult position. Can it compete with these titans of tech or compete with the Chinese competitors at the lower end?

In my opinion HTC missed a trick not launching a galaxy note type phone, they launched the HTC flyer which never had the same type of market. Perhaps it's not all HTCs fault as Samsung obviously also have an enormous marketing budget to push products into the market. I do think HTC should have kept flexibility with removable batteries and more SD ports.

[SillyWilly]

HTC is on a tear...down to 304TWD...critical support at 300. Lets see if it holds.

Good call getting out of this one. Good call to avoid this one.

Critical support level at 300TWD has now been violated for more than 6 trading days. Let's see if the 276 - 5-year low holds. Somehow I doubt it.

Enigma, if your order got filled at 347, get ready to hold on to your shares for A VERY LONG TIME or calling your broker to sell. If you were lucky your order didn't get filled, but somehow I think it did. Mama always said, "Don't catch a falling knife."

Looks like the 276TWD level is holding, at least for now. With more quantitative easing in the pipeline in Europe, the US, and China, it's no wonder that stocks are buoyant. If news out of ECB and FED disappoint this week, look for further selling pressure in HTC as speculative longs liquidate and then watch out below...next support at 200.

[SillyWilly]

Looks like the 276TWD level is holding, at least for now. With more quantitative easing in the pipeline in Europe, the US, and China, it's no wonder that stocks are buoyant. If news out of ECB and FED disappoint this week, look for further selling pressure in HTC as speculative longs liquidate and then watch out below...next support at 200.

HTC down to 277 again. Expect that support level to be breached next week sometime. With both the ECB and FED disappointing the past few days there's no real reason to hold onto this stock. I think it was Headhoncho who said these stocks are reacting to macro economic news, I guess he was right.

[headhonchoII]

What happens if Greece drops out of the Euro and defaults on some of its debts to the ECB? What happens if Spain finally gets it bailout but things continue to get worse there. Europe is really in a bad way. Therefore it might make sense to hold onto some cash and stick it in stocks during a market rout against one of these events. Greece dropping out of the Eurozone is a near certainty in my book.

http://money.CNN.com/2012/05/22/markets ... /index.htm
The contagion effect would cause huge uncertainty in the market with a flight to safety into US bonds and commodities...which means crash in stock terms. We could be looking at a Lehmans type event which would temporarily freeze up economic activity once more. Credit Crunch Part 2 but not as severe for the US economy this time. I don't think that Greece will kill the Euro though. In fact Greece exiting the Euro will probably help put a stopper to the whole affair and things could finally stabilise and bounce back strongly, as long as it was seen that the other European countries survived relatively unscathed.

[SillyWilly]

Greece dropping out of the Eurozone is a near certainty in my book.

We could be looking at a Lehmans type event which would temporarily freeze up economic activity once more. Credit Crunch Part 2 but not as severe for the US economy this time.

If we lived in a rational world, I would agree that Greece has to leave the EU monetary union, but we don't. I don't think we've seen anything yet ito massive money printing. I expect trillions of dollars and euros to be created over the course of the next 2-3 years. We're all going to be amazed. Greece will be bailed out again and again...until finally another 2-3 years from now...they'll finally exit the euro, but by that time the focus would have shifted from Greece.

And yes, we might experience another Lehman type event, but this time it will be met with QE on a multi-trillion dollar scale.

[headhonchoII]

I agree, the world is in a much better place to deal with this due to previous experience and lengthy time of preparation. It's just in that short space of time IF Greece drops out then things would be a bit hairy. In any event, if you held onto your stocks during that period you would probably be fine.