Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

AMD - Advanced Micro Devices, Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Mar 31, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    Thanks for the input. I'm keeping at least half no matter what, maybe I'll just keep it all if it gets up there on this push forward. We'll see. Makes me feel better about it that you're bullish on it right now. Like I said, it's 3x larger than all of my other positions, so I'm still more heavily invested in it than I probably should be.
     
  2. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    Down nearly 3% heading into earnings tomorrow

    upload_2019-7-29_9-36-13.png
     
  3. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    6,722
    Likes Received:
    1,821
    Almost every person I know building a rig is going for Ryzen chips this time.
     
  4. Unicorn Dreams

    Joined:
    Mar 31, 2017
    Messages:
    57
    Likes Received:
    50
    Not sure why I feel confident about down into earnings, I guess my biggest fear is that an earnings beat is already priced in and typically when that happens it'll pop before earnings. Down into earnings is just people taking off risk before earnings which is completely justified.
     
  5. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    I will probably be dumping half my position heading into earnings to take some risk off the table but also still enjoy some profit if we see a big boost. Haven't decided for sure yet.
     
    Unicorn Dreams likes this.
  6. Unicorn Dreams

    Joined:
    Mar 31, 2017
    Messages:
    57
    Likes Received:
    50
    That's the smart move, but I'm a degenerate :D
     
  7. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    6,722
    Likes Received:
    1,821
    Come in $36, lets do this!
     
    T0rm3nted likes this.
  8. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,032
    Likes Received:
    540
    earnings in line, bad guidance:

    Revenue guidance: $1.75B-$1.85B, est. $1.94B

    down 6% to $32 at this point.
     
    T0rm3nted likes this.
  9. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    Should have sold half I guess.
     
  10. rolexian

    rolexian Member

    Joined:
    Apr 4, 2016
    Messages:
    37
    Likes Received:
    20
    Buy double as recompense.
     
    T0rm3nted likes this.
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,614
    Likes Received:
    2,257
    Beyond next quarter, it's not so bad. First 2 quarters of this year: $2.8B revenues -- compared to $3.4B last year's first 2 quarters has been a marked decline.
    Now next quarter is below estimates but ahead of 3Q18.
    And for the year AMD is guiding such that they'll actually exceed last year in spite of the slow start to this year. "Mid single digit" growth, so let's say $6.8B for this year after last year's ~$6.5B.
    AMD is really confident in their new processors.
     
    Onepoint272 and T0rm3nted like this.
  12. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    Just added on at $31.10 after the huge pullback on an overreaction to a minor guidance miss. Expecting a bounce off support of the support line and 50MA.

    upload_2019-7-31_8-46-40.png
     
    Onepoint272 and Three Eyes like this.
  13. Unicorn Dreams

    Joined:
    Mar 31, 2017
    Messages:
    57
    Likes Received:
    50
    Same there goes most of my AMD gains.
     
    David Nwokeabia likes this.
  14. David Nwokeabia

    David Nwokeabia New Member

    Joined:
    Jul 24, 2019
    Messages:
    8
    Likes Received:
    4
    I think you maybe right, but I want a reversal sign before I jump in. Trading against news is dangerous.
     
    Onepoint272 likes this.
  15. David Nwokeabia

    David Nwokeabia New Member

    Joined:
    Jul 24, 2019
    Messages:
    8
    Likes Received:
    4
    You guys will get your money back by Christmas.
     
  16. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    6,722
    Likes Received:
    1,821
    Great move off $28 support on that channel
     
  17. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    Been in AMD long enough to know it wasn't gonna take that long.
     
    Onepoint272 likes this.
  18. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    Just sold a little over half my position at $33.613. Honestly was watching it real close at $34.1X and looking for a sale but then some work came up and I lost ~$0.50/share. Oh well, still have made tons on AMD. Only sold because my position is far too large. $34 has acted as resistance 3 times now, 4 if you include today.
     
  19. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,747
    Likes Received:
    1,847
    @Onepoint272 is this the kind of pullback you were hoping for?

    upload_2019-8-12_13-53-33.png
     
    Onepoint272 likes this.
  20. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    6,722
    Likes Received:
    1,821
    This is the kind of pull back where you start second guessing your call for a little pull back :)
     
    Onepoint272 and Unicorn Dreams like this.

Share This Page