Here's Why Advanced Micro Devices (AMD) Stock Is Soaring Today Read more: http://www.nasdaq.com/article/heres...stock-is-soaring-today-cm799540#ixzz4jFIsHBPB
Well I closed out my entire position @ 12.40, I don't trust this run-up over crypto over-hype. Hopefully I don't regret it but you need to know when it is time to bail.
I feel your pain as I am still holding some calls that currently losing 65% of the value. I am still bullish on AMD.
Oh yeah! It's looking real good right now. I'm going to keep going long, I think - there is so much going for AMD it's crazy. It is just a little scary after all the monster drops. I learned my lesson and will sell temporarily before any big announcements or releases. (Earnings, Ryzen realease day, Analyst day) Edit: Actually at the end of July, RX Vega (the gaming graphics cards, as opposed to the professional line) will release and then on July 31st is earnings... I don't know what the hell I'll do at that point. The one time I do sell after the rumor and before the news the stock will soar, right? Haha.
Put 70% of my original position back in at 13.08, sucks today I would have been in the money pretty big had I not sold all at 12.40
Advanced Micro Devices’ (AMD) Ryzen Is Taking Share Gradually From Intel: BMO https://finance.yahoo.com/news/bmo-advanced-micro-devices-inc-183317279.html