I picked up 65 shares of AMD yesterday.  It didn’t go as low as I had hoped, but it was close enough to my target price that I decided to buy.  At one point on Tuesday, it got to $15.16/share.  A year ago, it was at around $47/share.  Ouch.

AMD is still a good long-term investment, though, I think.  Their current financial woes seem to revolve mostly around the ATI acquisition and the ongoing price-wars with Intel.  What I’d really like to see is for AMD to focus less on trying to win the server market and to focus on where they arestrongest at — laptops and desktops.

Will be hard to tell until another year or so as to whether the company can make things work or not.  They have a track record of working with limited capital and being able to turn it around, though, so I’m not too worried.

The hardest thing for me right now is finding some stocks to trade that I can get decent return on in the short-term.  Plus, I need to find some “safe bets” for about $10k soon that I’ll be investing as part of my retirement money….

[Update: I love after-hours trading.  Picked up some shares of Disney at $35.20.  I’m such a dork.  Haha.  Actually, I loathe Disney…. but their stock was just too good to pass up.  It’s going to take more initial funding to get enough shares for it to be actually worth trading later, but I’m game.  Until I get my 401k pay-out, I’m just using play cash anyhow.

It’s funny…  My brother questioned the fact that I have very little furniture and don’t really go out much, while he was coming home with expensive entertainment centers, game consoles, etc.  Yet now that he’s making the same annual salary as me, I’m the one “playing” with a couple thousand in stocks while he didn’t even have cash to buy a jumper cable when his car battery went dead today…. Nice]