I'll bet someone said that after it had gone up 1000%..and then at 2000%......
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The Official AMD shares thread
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Originally posted by scooterscot View PostIt means for months it has been trying to get above and stay above a certain price level and continues to fail. At one point buyers will just vanish from the market... that's when the correction occurs.
Answer honestly, would you buy this stock today? A stock that has increased 3000% (from $1.80) in only four years?
If nobody was buying it then it would hit 1.8 again.
I would have thought even cretin like you would get it.
Would I buy more now? No, since all my stock money in it already, but if it drops a lot then I’d increase holding with ISA cash that is locked and loaded.
It’s a great stockComment
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The real amusing part is Poopers constant reminders that a TECH stock gone up 1300% - this is exactly what happens with tech stocks of successful companies - if anything chip makers like Intel and especially AMD are undervalued despote powering Internet revolution.
Still 300% increase in value of my holding is not to be sniffed at - tax free too!
Only regret I did not keep NVIDIA when I bought it for 100 bucks...Comment
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Originally posted by DimPrawn View PostIn the CPU space, AMD have feck all market share. Intel is the daddy.
In the GPU space, AMD are big players, but the massive gains in share price were driven by GPU mining of tulipcoins. Now that has died, who is going to be buying shed loads of high end graphic cards for PC's?
Answer - no one.
Based on this AMD are toast at current share prices.
HTH BIDI
AMD Shows Explosive Market Share Growth in Server & Notebook Segments During 2019 With EPYC & Ryzen CPUsComment
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what a great stock. in the past 20 years it went down from mid 40s to $2-3 twice. Maybe it will do a hat trick and do that again.Comment
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Originally posted by Andy2 View Postwhat a great stock. in the past 20 years it went down from mid 40s to $2-3 twice. Maybe it will do a hat trick and do that again.Comment
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Originally posted by AtW View PostShould have bought a lot when it dropped to 10 bucks relatively recently
Ohh don't worry... you'll get another chance."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostOhh don't worry... you'll get another chance.Comment
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