Wow this is strong! If we get a dip Monday/Tuesday I'm thinking about coming back in. I want to open a small long position and a short term position in anticipation of a $6 runup.
Wow..it feels so goood when stock is moving higher and higher. I could miss it if I didnt find and read forum.
Before I call a full scale break-out I like the second day to be a continuance of the break, with minimal dips on strong volume. Today AMD met that criteria. For two days running it closed on the HOD or one cent off like today. It actually set a new HOD near the bell. It is my opinion that some new institutions that can only buy stocks over $5 joined the party and added strength to the short squeeze. We could get a pull back anytime but it does not look like the buying is done yet.
I remember looking at AMD when it was under $3 where it looked like a dead stock. I remember when Gulf Investors invested so much money in this stock only to exit with a loss if I am not mistaken. Now it goes up lol..
AMD Polaris GPU release date, news: Radeon RX 480 CrossFire beats GeForce GTX 1080 benchmark score by 1% Ahead of its release later this month, performance results for the AMD Polaris-based Radeon RX 480 have hit the internet. The new performance results, as revealed by Video Cardz, which conducted a few tests of the highly anticipated GPU, showed AMD's new video card beating the Nvidia GeForce GTX 1080 by a single percent in 3DMark FireStrike benchmarks. http://christiantimes.com/article/a...force-gtx-1080-benchmark-score-by-1/57439.htm
Near-term, $6, Mid-term $8 and long term $9.75 I didn't realize that in 2000, this was a $100 stock and in 2006 it was a $40 stock and the to drop down to the one's where it literally fell off a cliff. AMD has stiff competition with NVDA but they are taking back market share and the RX480 should step that up some. Then with the ZEN CPU coming out next year to against INTC's CPU could prove interesting.
I think it's gotten ahead of itself. The RX480 doesn't even have 3rd party benchmarks yet, many people have forgotten about AMD. I haven't bought any AMD hardware in a long time and I'm a big PC gamer guy.
Saw this on the other site: 480 leaks from Tieba China https://www.reddit.com/r/Amd/comments/4oxwkd/480_leaks_from_tieba_china/
Advanced Micro Devices Continues Comeback Story At the beginning of the month, we noticed the activity in Advanced Micro Devices (AMD) and on June 3 we said this about the longer-term chart: "In this five-year weekly chart, above, we can see the bigger base that AMD has formed from its low in late 2012. Prices are above the rising 40-week moving average line. The OBV line on this time frame has also begun to rise. The Moving Average Convergence Divergence (MACD) oscillator is also bullish. When AMD is done correcting its recent advance and closes above $5 our sights will be set on the $7.00 to $8.00 area as the next price objective." In this updated weekly chart of AMD, above, we can see the strong weekly close above $5. We can see how the 40-week moving average line is rising nicely. The OBV line on this timeframe has made a new high confirming the price strength. The Moving Average Convergence Divergence (MACD) oscillator is bullish. There doesn't appear to be anything in the way of AMD reaching our $7 to $8 target price. Traders worried about a correction have a point, however, a correction may develop at a higher price level or be relatively shallow. I actually like to average up on a stock. Full article with charts http://realmoney.thestreet.com/arti...ntinues-comeback-story?puc=yahoo&cm_ven=YAHOO
yeah this was a big surprise. Two 480's in crossfire vs one 1080, on a cost basis you getting the same performance as a $700 for $400. The issue is that not all games support crossfire (that means using two AMD cards joined together. With NVDA cards its called SLI) and a single card sucks less power and puts out less heat. Still, bang for the buck, you cant wrong!
I did SLI with my 670s and it sucked. You don't get double the ram only the GPU power. Never doing it again You need a beefier power supply, a motherboard that supports it also. More heat and more power. Amd needs to beat Nvidia in all categories not just the middle
AMD still has the cheapest VR "ready" card on the market. Nothing else can run a Vive or Rift at $200.
IMO, no, it doesn't. To be a profitable company AMD can slot itself into the budget-conscious and OEM markets, allowing Nvidia to own the enthusiast market. There is a larger market for $100-200 video cards than $400+ cards as a whole.
We will see, I would like AMD to get back to the Athlon XP days so we can have some real competition again.
