Reply to: The Official AMD shares thread

[AtW]

81.54 USD

[AtW]

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?

[DealorNoDeal]

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!

[AtW]

Then there's the fact that a lot of Bitcoin mining is done with AMD hardware.

False.

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.

[AtW]

Except that both markets have dropped substantially, but only one gets your 'special' attention?

I post in both (assuming you mean tulipcoins thread) actually, as evidenced by my and here

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.

[DealorNoDeal]

Except that both markets have dropped substantially, but only one gets your 'special' attention?

In the past year or so Bitcoin has become increasingly correlated with the stock market, and especially tech stocks. Then there's the fact that a lot of Bitcoin mining is done with AMD hardware.

Both are probably in for a rough ride as the Fed ratchets up interest rates.

[NigelJK]

Except that both markets have dropped substantially, but only one gets your 'special' attention?

[AtW]

So in parallel to the Bitcoin thread

There are no parallels between scam that is tulipcoin and bona fide semiconductor company in a growing market with real demand for what it makes.

[NigelJK]

So in parallel to the Bitcoin thread AMD have lost some 48% of value since their high in November. So have you all cashed out or have you dug in deeper?

[AtW]

[AtW]

Zen 4 - DOOOOM!

[jamesbrown]

$85.16

[_V_]

Wake me up again when it touches $40, I might buy one share at that price.

[AtW]

88.14 USD

[AtW]

You can always sell up your huge house and downsize to a bedsit to free up lots and lots of tax free gains.

Can't - covenant links any sale of me bedsit to kebab shop on the ground floor...