Originally posted by NigelJK
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The Official AMD shares thread
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Except that both markets have dropped substantially, but only one gets your 'special' attention?Comment
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Originally posted by NigelJK View PostExcept that both markets have dropped substantially, but only one gets your 'special' attention?
Both are probably in for a rough ride as the Fed ratchets up interest rates.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by NigelJK View PostExcept that both markets have dropped substantially, but only one gets your 'special' attention?
This one is a specific share (not market) for a major real semiconductor company, where as tulipcoins is major fraud sector (you can call it "market for fools") that is still going on, do you see the difference between those two very different things?
You know one actually got forward P/E ratio of 23.42 right now and the other is worth absolutely nothing, zero, zilch, nada - less than dog tulipe on a street.Comment
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Originally posted by DealorNoDeal View PostThen there's the fact that a lot of Bitcoin mining is done with AMD hardware.
First of all Main tulipcoin is ASIC mined for a long time, some other popular tulipcoins are mined on GPUs, however that's where NVIDIA holds the crown.
My ownership of AMD shares won't make me support pointless waste of energy and resources - lots of GPUs went to "miners" and deprived proper markets like gaming from obtaining them at reasonable price, just yet another reason why tulipcoins should be banned with extreme prejudice.Comment
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Bitcoin and AMD both peaked in November. Since then, Bitcoin has fallen 65%; AMD 45%.
Possibly the same money was chasing crypto and tech stocks.
ps. Nvidia peaked at the same time, and has fallen 55%. Some Nasdaq stocks are even more beaten down; Netflix @ -75% has done even worse than Bitcoin!Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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81.97 USD −7.33 (8.21%)
Got some free ISA money to pile in at the right time...
Maybe Scooper Pooper will be back if or when AMD breaks through 60?Comment
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Originally posted by AtW View Post"161.91 USD +7.10 (4.59%)today
Closed: 29 Nov, 18:51 GMT-5 • Disclaimer
After hours 163.45 +1.54 (0.95%)"
Looks like I'll still be hodling when it hits 200
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First Law of Contracting: Only the strong surviveComment
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It's not doing quite as badly as Bitcoin, although there's not much in it.
https://www.google.com/finance/quote...USD&window=YTDScoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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