Thread regarding Qualcomm Inc. layoffs

Sometimes I hate it when I'm right

But, I was right: Post https://www.thelayoff.com/qualcomm/post/5672957162553344 (Anonymous86173) Shall we review and compare that to the conference call?

" In fact I think we've seen what has happened to the stock market just this past two weeks on the mere mention of higher interest rates. Also add a surprisingly stronger us dollar into the short term and an unfavorable exchange rate for U.S. companies that derives more than 50% of its earnings overseas, I think you have a bunch of companies that will come in light on earnings simply due to the exchange rate., assuming such tech companies didn't hedge against currency fluctuations. Add additional possible SOC losses at Samsung as they use more and more things from their LSI group, you are much braver to count on that near term QC stock appreciation all for that 2.5% yield. As for me, I'll minimize my risk in case the shit hits the fan." Compare that to what was said here: http://blogs.barrons.com/techtraderdaily/2015/04/22/qualcomm-cites-progress-on-royalty-collections-cost-review

by
| 513 views | | 8 replies (last ) | Reply
Post ID: @OP+B9DYgIq

8 replies (most recent on top)

So the yield has been un-wiped out since the earnings call wipe out. Only shows that looking at short term fluctuations as justification for holding or dumping a dividend value stock is idiotic.

by
| | Reply
Post ID: @4hep+B9DYgIq

http://seekingalpha.com/article/3094436-heres-why-qualcomm-should-spin-off-hardware?auth_param=156shu:1aji0p8:1a8d7ffc1d3e4e586109bc9deced1d50&uprof=45&dr=1

by
| | Reply
Post ID: @eUs+B9DYgIq

strong dollar and FX risks aren't exactly a surprise. So that would be priced in. No Yahoo message board style gloating necessary.

by
| | Reply
Post ID: @CBG+B9DYgIq

@Anonymous93795, how did you get the idea that I'm concentrated in QC stock, just because I have said making dividends off other people's 80 hour weeks is fun? There's more options than plowing everything into real estate, or 100% QCOM, but I didn't really need to spell that out for you. You may not be leveraged, but saying everybody should sell RSUs to become landlords -- well most people would still need to be leveraged for such a risky proposition (at inflated valuations). Most people wouldn't have impeccable market timing (as perhaps you did). Maybe you are just looking for some greater fools to sell to? Otherwise why DON'T you leverage up against those existing properties and buy 5-10 more immediately. Sounds like a no brainer. As for your ASSumptions, I don't pay rent. My stock options (not RSU) paid off my condo. There's nothing noble about renting money to "buy" property.

by
| | Reply
Post ID: @VNJ+B9DYgIq

Anonymous93756,

Your first ASSumption was that I have any mortgages and was leveraged. I'm not, since I own everything free and clear, well except my primary, for which my monthly mortgage on my fixed rate is lower most likely than your monthly rent. But hey. Enjoy that 2.5% yield that was just wiped out today after hours. And no, I don't always make 100% correct decisions. Again, that was your ASSumption. But I'd rather make less money on a free gift from RSU/stock options by selling some, and do something else with it, than expect to be spoon fed and believe the fodder that QC will always take care of me and don't need to take care of myself. Some of us had already learned our lessons from others that didn't diversify and road everything up and down all the way until they were unemployed. The only difference is QC is no longer immuned from it, like every other employer. I'm still waiting for the morons that will think after say a 5-6% correction that it's a "great time to buy" and load up on QC stock and use their own money to buy... But hey, that 2.5% dividend sure is sweet! NOT! Enjoy that 10am cheerleading pep rally today!

by
| | Reply
Post ID: @amT+B9DYgIq

@Anonymous93753, but you CAN re-rent the landlord's house on Airbnb. It's almost like lease arbitrage.

by
| | Reply
Post ID: @nM1+B9DYgIq

Oh dear, the "I told you so" blowhard is back. You can always tell a blowhard because all their financial decisions are 100% right. It's magic! bubbles can exist anywhere, when investors plow into riskier bets chasing ever declining yields. Hate to be leveraged when SHTF (i.e. easy credit cycle ends). An insane amount of sovereign debt is at negative yields. These are not normal times.

by
| | Reply
Post ID: @o88+B9DYgIq

Sure glad I didn't concentrate everything into QC stock. You can't live in your stocks, and you can't rent out your stock to generate income.

by
| | Reply
Post ID: @ALo+B9DYgIq

Post a reply

: