Originally posted by scooterscot
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The Official AMD shares thread
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Today AMD bag holders are buying Bitcoin."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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AMD taking a page out of the Uber economics handbook I see.
Should Investors Worry about AMD’s Negative Cash Flow?
AMD increased its inventory by $110 million sequentially to $955 million in the first quarter. The majority of the inventory is from new products, which the company plans to launch in the second quarter. Low-profit margins, higher inventory, and the timing of the receivables pushed AMD’s operating cash flow into the red at -$213 million in the first quarter. Adding a capital expenditure of $62 million resulted in a FCF (free cash flow) of -$275 million in the first quarter.
Bollinger Band expanding with price in the lower band - Doom!
Now the MACD has gone bearish, one of the oldest and most used indicators by traditional traders.
Hope you took your profits at $30. What am I saying you're a smart guy, of course you did.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Sure I said 'sell the news' n all. But naw..."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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I think you'll see 10 before you see 100...Originally posted by AtW View Post100 bucks or bustComment
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Do you see a pattern emerging yet? $30...29...28....27...26..
probably not"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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