AMD - Advanced Micro Devices, Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Mar 31, 2016.

  1. Andre

    Andre Active Member

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  2. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Up big in pre-market

    AMD Soars After Rival Intel Reveals Processor Flaw
    By
    Ian King
    ‎January‎ ‎3‎, ‎2018‎ ‎6‎:‎37‎ ‎AM‎ ‎CST
    Advanced Micro Devices Inc. surged in early trading after a report that Intel Corp., its only remaining rival in the market for personal computer processors, has a flaw in its products that makes commonly used operating systems vulnerable to hackers.


    According to technology website The Register, Intel has a bug that lets some software gain access to parts of a computer’s memory that are set aside to protect things like passwords. Patches to Microsoft Corp.’s Windows and Apple Inc.’s OS X operating systems will be required and the security updates may slow down older machinery, according to the report..................
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    And the continued use of the public as beta testers continues...
     
  4. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    ....and the continued fleecing of the investing public. One only has to look at the charts of INTC and AMD to see how well timed the news release was....or how well timed the boyz set up their positions in anticipation of the release.
     
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  5. T0rm3nted

    T0rm3nted Moderator
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    Helluva run for AMD yesterday and today. About time.
     
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  6. StockJock-e

    StockJock-e Brew Master
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    Back up over $12!
     
  7. T0rm3nted

    T0rm3nted Moderator
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    You jinxed it, thanks a lot
     
  8. StockJock-e

    StockJock-e Brew Master
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    Nice bump in AMD here.

    Anybody guying a CPU over the next few months will be going for an AMD chip after the news that Intel chips have that flaw.
     
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  9. T0rm3nted

    T0rm3nted Moderator
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    Nice little run out the gate again. Still holding a bit until it gets back to 15ish.
     
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  10. StockJock-e

    StockJock-e Brew Master
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    Everybody freaking out about a possible 5-30% drop in CPU speeds to fix this issue.

    From what Im reading, most people will probably not be affected, but we will have to wait and see.

    This is a disaster for INTC chips, and a bit win for AMD which may benefit from this screw up for months to come.
     
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  11. T0rm3nted

    T0rm3nted Moderator
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    Quite the run the last 3 days. Great way to start the year off for AMD longs. The last couple days it opened and closed right around the same price, having a lot of action on both sides trying to push the stock their direction. Now sitting well above the upper BB and having trouble yesterday breaking through the 200MA. Entering overbought territory, so we could be looking at a minor pullback here, or ideally some consolidation before the next leg up. Well, ideally it just keeps grinding up anyways, even though there's lots of resistance to break through here.

    upload_2018-1-5_7-42-59.png
     
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  12. StockJock-e

    StockJock-e Brew Master
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    Man, I missed that opportunity at $10!
     
  13. T0rm3nted

    T0rm3nted Moderator
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    Well here's the pullback I spoke of above. Down 3.5% today. This pullback OR consolidation was necessary though in order to continue the longer term push higher.

    upload_2018-1-5_10-8-21.png
     
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  14. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    As you say, a pullback is necessary and should be bought I think. This may or may not be it though. There may be some more up and then down again. In order to print 3 down-circles on the P&F it needs to drop 3 boxes, or $1.50. I updated my Point & Figure to raise the anticipated support from 10.50 to 11.00 resulting in a stepping stone target of $38, still closely agreeing with the base count projection. It is nearly ready to go into the mark-up phase....Jockey will get another low-risk opportunity I think.

    upload_2018-1-5_12-28-9.png
     
    #2274 Onepoint272, Jan 5, 2018
    Last edited: Jan 5, 2018
  15. T0rm3nted

    T0rm3nted Moderator
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    Paging @StockJock-e, sounds like Onepoint believes you have another buying opportunity here! You always say you missed it on this one
     
  16. T0rm3nted

    T0rm3nted Moderator
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    AMD made up the losses from Friday's drop and then some today on above average volume. Still having trouble getting back above the 200MA, however. We may need some more consolidation time here and could still see some small pullbacks before the next push up to 13+

    upload_2018-1-8_17-22-42.png
     
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  17. T0rm3nted

    T0rm3nted Moderator
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    Still got this gap to fill up into the $14's that was created back in October when the drop off started last earnings report. Earnings on Tuesday after the close will be interesting. I may close part of my admittedly oversized position before that. Made up a lot of ground after yesterday's losses, which held support at the 200MA. The midterm trend displayed by the 50MA has turned around and is now headed back up. Not sure what earnings will do, but I'm still a big believer in this one. Just might want to avoid some "gamble" in the short term on the earnings report Tuesday.

    upload_2018-1-26_11-32-19.png
     
  18. Wolfy

    Wolfy Active Member

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    you may want to sell some covered call and use those proceed to buy some weekly puts for protection
     
  19. T0rm3nted

    T0rm3nted Moderator
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    Earnings after close on Tuesday, here's the whisper:

    upload_2018-1-27_7-36-59.png
     
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  20. T0rm3nted

    T0rm3nted Moderator
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    MKM Partners upgraded AMD price target from $13 to $14.50. Still has a BUY rating from them.
     

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