Price target has been raised to $25 by Cowen & Co.
Q2 results were strong, and now their biggest competitor Intel (INTC) is feeling the heat.
I have been long this stock for 2 months and will stay in it, as I see more upside to come.
Q2 results were strong, and now their biggest competitor Intel (INTC) is feeling the heat.
I have been long this stock for 2 months and will stay in it, as I see more upside to come.
Комментарий:
Patience paid off as we finally see $AMD roaring higher! That $20 ceiling has now become a floor for support and it’s one of the most active stocks right now.
Might consider locking in some profits, but I will hold still and take it Day by day for now, watching for support levels and and letting this settle down a bit after this pop.
Might consider locking in some profits, but I will hold still and take it Day by day for now, watching for support levels and and letting this settle down a bit after this pop.
Комментарий:
It has been exactly 1 year since I originally posted this, and AMD is sitting at more than $33!!
Q2 earning report will come out today after market close. I am going to sell half of my positions and let the other half ride through the earnings call.
Q2 earning report will come out today after market close. I am going to sell half of my positions and let the other half ride through the earnings call.
Сделка активна:
So here are again, many months since my last post. AMD has been on a tear, but I've been waiting for a sign of weakness. The entire market has been on fire.Yesterday (THur 2/21) we finally saw some sell signals and the market started to pull back. I cashed out all my AMD and immediately went SHORT!. Riding the selloff into today, and will cover my short before the day ends, or if it starts to bounce back strong.
The plan for next week will be to monitor and look for a re-entry point.
The plan for next week will be to monitor and look for a re-entry point.
Now, in other situations this may be a negative signal that something is wrong with the company itself. However, I think that this investment co. decided to act on the fact that AMD's price had reached an 11 year high! They cashed in to grab their massive profits.
The company itself has proven that it is very strong with a bright future ahead, the stock will rise again!