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Well I bought at about $26 to a tune of $22,000. running at about an $8000 loss today. The whole market is kind of taking a dump right now so maybe this is just the trend.
I hope that $22,000 represnents only 5% of your total liquid net worth or in other words you have at least $440,000 in liquid assets.
Your $8,000 loss represents a 36% loss. For AMD to get back to 26 p/s it will need to post a 57% return, highly unlikely in one years time.
I am guessing that you bought AMD on or around June 13th 2006.
Had you bought the SP 500 or a basket of United States 500 largest companies on that date, you would have purchased it for 113 p/s (I am using Vanguard's Index that mirriors the SP 500). On the July 21st close it is at appx. 114 and you would have $22,190.
Moral of the story diversify and dollar cost average. The market doesn't reward you for risk you can diversify away. If I were you I would sell 100 shares of my AMD per month until it was about 5% of liquid assets and reinvest it into a broader basket of securities.
Yes the market has taken it in the tail the last few weeks but it is no where close to being down 36%.
I could go on and on, if you have other questions you are welcome to ask. Good luck.