Reply to: The Official AMD shares thread

[AtW]

84.74 USD
+9.59 (12.76%)

've it!

[DealorNoDeal]

It's uncanny isn't it how price always goes in the opposite direction to what he predicts.

Maybe he'd do better wearing a pair of these to do his chart reading:


Upside down goggles

[AtW]

"AMD to $10 - bearish divergence

Updated Nov 9


Oct 11 Trade active: Only $46 to go until target.
Oct 13 Comment: If there's a significant sell off today there might be a cheeky change to take a long position from $42 back up to resistance.
Nov 9 Trade active: Be ready for a -20% move.."

https://www.tradingview.com/chart/AM...sh-divergence/



72.37 USD +3.90 (5.70%) today

[_V_]

You are not the only one with AMD issues.

https://wccftech.com/all-amd-powered...it-powered-on/

[AtW]

[vetran]

You have to say his name 3 times…

This you & spooter? NSFW

[_V_]

Bought AMD @ 88 bucks with all me SIPP pension money.

AMD is me pension now!

Don't worry you are not alone. https://www.unbiased.co.uk/news/fina...on-savings-yet

[AtW]

58.44 USD−9.41 (13.87%)today

Scooty!

You have to say his name 3 times…

[Fraidycat]

[_V_]

58.44 USD−9.41 (13.87%)today

Scooty!

[AtW]

60.78 USD −7.07 (10.42%)

[DealorNoDeal]

Funnily enough, since the beginning of the year, it has fallen by the same % as Bitcoin.

https://www.google.com/finance/quote...USD&window=YTD

[_V_]

62.28 USD −5.57 (8.21%)

What happened was the economy changed. Money printing and ZIRP quickly moved over to reducing balance sheets, rapid interest rate rises and tackling inflation. AMD was buoyed by new products into a period of easy money, rapid investments, crypto mining, data centre expansions, new laptops for home workers and other bullish drivers.

Things now are different and the stock price falls reflect the new sentiment and economic backdrop.

AMD Price to earnings ratio is approx 35x. Peers such as Qualcomm making mobile chips is 11x and Intel is on 6x.

It's a good company, so the thing to do is HODL. Buy some more if it falls well below your average buy in price and wait a few years.

[AtW]

62.28 USD −5.57 (8.21%)

[Whorty]

I should have taken the money at 160….

Scooty warned you ...