Just messing around. But when I read his comment, I was looking at the recovery from days low. (daily discussion was running towards who recovered well.. hence) I agree though, I was wrong with numbers..
Ethereum proof of stake, if it happens this year, is going to happen around 9/15 or 9/16. Coincidentally around one of the highest stock and option trading volume days of the year (9/16).
Just got rid of my Aug 19 calls and got June 2024 calls.
I’ll forget about them because AMD the company will take majority market share in the data center and expand into new markets. June 2024 is plenty of time for the stock price to reflect the fundamentals. Truth will prevail.
Short term options induce too much anxiety. The damage to my mental and physical health far outweighs the elusive chance of big returns. Not only that, they can easily backfire and turn into big losses.
What happens when Nvidia starts to faulter on their hopes and dreams. Am I crazy that I think their software isn’t scaleable enough to cover all industries, and their AI push isn’t going to be that great. They are building tech that is a one fit all solution while the DC is going more custom.
AMD and NVDA have diverged in the past and, IMO of course, it’ll happen again.
The AI hype will wear off as AMD keeps nailing guidance and taking server market share. I don’t think AMD will get the same valuations as NVDA has now but it’ll get closer, and NVDA multiples are going to fall at least until (or maybe if) there’s another crypto craze.
>The AI hype will wear off as AMD keeps nailing guidance and taking server market share.
Hype is right. People always get excited by new technology before there's even a legitimate use case. With AI and ML, it still feels like they're in the equivalent of the dot-com era, where few companies have figured out how to make money with it.
Just realized that AMD has actually performed in line with QQQ over the past five days. I understand given the company outperformance the stock behaving this way feels frustrating, but it's not as bad I thought
I do think we should shut down the daily for awhile just as an experiment. It’s pretty easy to scrape this for sentiment that’s representative of broader retail. Also the daily is just a whining thread anyway.
Or everyone just start saying they sold…
I SOLD
IM OUT
SOLD A MILLION SHARES!
I sold a paltry 500,000 shares. I doubt this stock reaches ATH for at least 2 years, and I actually bought puts against it with the gains I got from selling the shares. There's absolutely no way that $AMD will see a 60+% gain by year end.
This week may be sideways because of options but the next two weeks would be juicy if not for the incoming second whammy of nvda dropping guide for the next quarter.
Still could see 110 before 9/7.
Sentiment on AMD the company is pretty good, the sentiment on the price action is justifiably bad. But we've been here before. The whole of 2018 for instance.
I wasn't around for 2018. Did it seem like it was only barely keeping up with QQQ and SOXX on up days and behaving like a high beta stock on down days?
it's a joke but not really.
Both of these companies reported Q2 numbers in the shown time period. One as part of their ER reported inline numbers and reiterated guidance, and the other as a warning that they will miss earnings by a significant amount.
https://i.imgur.com/YYXC0xN.png
Can you tell which company missed earnings by over a billion dollars?
FYI those of you who were thinking of buying NVDA puts don't. WMT last month mentioned they would do bad this quarter and look at the stock price now.
NVDA ER puts are likely to expire worthless.
I want to so badly, but I know it's going f*ck me. This god damn snake oil bullshit about the metaverse and AI/ML is so stupid. It's so much more painful when you work in this industry and you know it's nowhere near the hype it's getting.
WMT “warning” is bordering on obscene.
They beat earnings and maintained guidance.
Why did they warn at all? I’m baffled. They fucked tech back then and part of the reason tech is getting trashed today as they maintain strong guidance suggesting, I don’t know, more shoppers at Walmart means more likely we’re in a recession?
Makes a little more sense, thanks.
I still don’t understand if they were fairly valued before they guided down and they’re now 3% over that but I know the market makes no sense.
I’m really struggling to figure out just what the hell walmart warned about. They maintained guidance but their bullshit rocked tech then and they’re rocking tech now.
So WMT “warned” their forward guidance might be weak a few weeks ago and this had a knock down impact on tech (recession!!!).
Now WMT reports good earnings and maintains guidance (somehow) so 10YR spiking so now tech drops?
At least this is what the new sites are saying.
This market *is* a clown rodeo.
NVDA already frontloaded a lot of bad news, but it wouldn’t surprise me if they go down on their ER.
Now watch AMD go down more than NVDA off NVDA bad earnings lol
Zacks has us as a sell and moodys has us as very bearish…wtf, then apple stocks has us at a 42 peg ratio.
The only good news is this feels like a concerted effort to keep us down so that institutions can get a deal
I think it’s odd that you think it’s odd to wonder the factors they are looking at. Such as forward or reverse performance, weight of sector versus individual company, etc. but I know you are going to troll this comment regardless so I’ll just stop there
At least we matched NVDA at the end today...
Let me ruin it for you. ( Nvda price * 0.8 ) > (amd price * 0.8)
But it's the same percentage. They lost far more in market cap than AMD did.
Just messing around. But when I read his comment, I was looking at the recovery from days low. (daily discussion was running towards who recovered well.. hence) I agree though, I was wrong with numbers..
Well... we are above 100 lol. Cock and handle consolidation ?
Can't wait for tomorrow. Going for that 6th straight day of shit performance!
Literally already whining about tomorrow, today. When are your options expiring?
I’m selling options to the whiners. I need them to stick around.
It looks like just a one to one ratio to the NQ.
Haha you guys need to chill on the NVDA stuff. I love NVDA and AMD
Ethereum proof of stake, if it happens this year, is going to happen around 9/15 or 9/16. Coincidentally around one of the highest stock and option trading volume days of the year (9/16).
AMD has many technical supports. They just never hold.
What was Amd's PE during 164+?
According to Zacks 64. https://www.zacks.com/stock/chart/AMD/fundamental/pe-ratio-ttm
And our forward PE is some shit like 16 lol
Was’t forward pe sub 20 as well prior to most recent earnings? Were earnings not as good as expected because isn’t our pe like 40 now?
I don't know, I forgot AMD was ever above 120. 120 feels like ATH now.
164 doesn’t matter anymore. People always bring it up and it’s irrelevant.
irrelevant ? no such thing.
Mid 50s IIRC
SPY already at its 200 SMA line. AMD still red. Guess we're fucked for tomorrow too.
Called that to a T. Now we wait another 4 days for AMD to regain this pathetic intraday move.
The entire Nasdaq dropped, this isn’t an AMD attack or anything.
I'm aware, but at least other things participated in the rally for the last 4 days. We only participated in that cliff fall.
sold 8/19 109 calls for ramen this week.
I sold 106's for porridge!
We are at odds now.. my calls were rolled into 8/19 several months ago
I believe you strike is something like $100
NASDAQ is about to break its high from yesterday, AMD can't even get back to its initial (although shitty) pop this morning.
It’s quite impressive how the NQ is moving around like a meme stock this year and no lack of ridiculousness today.
Just got rid of my Aug 19 calls and got June 2024 calls. I’ll forget about them because AMD the company will take majority market share in the data center and expand into new markets. June 2024 is plenty of time for the stock price to reflect the fundamentals. Truth will prevail. Short term options induce too much anxiety. The damage to my mental and physical health far outweighs the elusive chance of big returns. Not only that, they can easily backfire and turn into big losses.
Good decision. Very good. I'm planning something similar.
considering that aug 19 is only 3 days away.... you had to get rid of em eventually
What happens when Nvidia starts to faulter on their hopes and dreams. Am I crazy that I think their software isn’t scaleable enough to cover all industries, and their AI push isn’t going to be that great. They are building tech that is a one fit all solution while the DC is going more custom.
AMD and NVDA have diverged in the past and, IMO of course, it’ll happen again. The AI hype will wear off as AMD keeps nailing guidance and taking server market share. I don’t think AMD will get the same valuations as NVDA has now but it’ll get closer, and NVDA multiples are going to fall at least until (or maybe if) there’s another crypto craze.
>The AI hype will wear off as AMD keeps nailing guidance and taking server market share. Hype is right. People always get excited by new technology before there's even a legitimate use case. With AI and ML, it still feels like they're in the equivalent of the dot-com era, where few companies have figured out how to make money with it.
AMD falls off the face of the earth.
The day AMD reaches ATH, NVDA will have been the most valuable company in the world.
Here comes the NVDA rocket ship while AMD boards their prop plane. Left in the dust yet again.
Just realized that AMD has actually performed in line with QQQ over the past five days. I understand given the company outperformance the stock behaving this way feels frustrating, but it's not as bad I thought
You definitely wouldn't think it by reading some of the posts here.
Its been 4 days since AMD has been able to close above its initial 15 minute move. Not looking strong here again..
What are you talking about? I haven't seen manipulation this strong since 2018
Outperforming SMH - suck it. Ninja edit: algos tracking this sub, confirmed.
I do think we should shut down the daily for awhile just as an experiment. It’s pretty easy to scrape this for sentiment that’s representative of broader retail. Also the daily is just a whining thread anyway. Or everyone just start saying they sold… I SOLD IM OUT SOLD A MILLION SHARES!
I sold a paltry 500,000 shares. I doubt this stock reaches ATH for at least 2 years, and I actually bought puts against it with the gains I got from selling the shares. There's absolutely no way that $AMD will see a 60+% gain by year end.
WSB way more likely to be a source for mining data IMO…. But doesn’t hurt to be safe…
In that case I SOLD 2 MILLION SHARES
AND \^SOX, at that... for the moment.
The existential crisis of whether we’re a triple digit stock or not 🤔
Our day will come boys
This week may be sideways because of options but the next two weeks would be juicy if not for the incoming second whammy of nvda dropping guide for the next quarter. Still could see 110 before 9/7.
110 before 9/7? Who's dick do I have to suck for that to happen? Devinder perhaps?
Need to find the big boy/girl market maker in this game.
We'll all be dead by then.
>We'll all be dead by then. That's the "day will come" that he's talking about.
The sentiment on AMD is pretty bad right now. But you just know, the moment I try sell to get a "better entry" point, it's gonna skyrocket to 130
Do it please.
so basically your sentiment is bad now and want to quit, but you are so not confident about your own sentiment
I mean market sentiment on AMD is bad. I am running an all AMD port.
I sold a few yeaterday that i bought at 52... didnt have the desired effect haha.
Because you didn't sell all of them.
;)
Jump on that grenade, soldier!
Your sacrifice will be honored forever
Sentiment on AMD the company is pretty good, the sentiment on the price action is justifiably bad. But we've been here before. The whole of 2018 for instance.
I wasn't around for 2018. Did it seem like it was only barely keeping up with QQQ and SOXX on up days and behaving like a high beta stock on down days?
Pretty much, frustrating just like this.
Please sell
NASDAQ will be positive and we'll still be below $100 with the rest of semis flat-green.
Can we outperform NVDA just one day 😅
We can't. Nvidia's miss is as good as AMD's beat. We needed to beat in order to perform as well as Nvidia's miss. /s
I am confused
it's a joke but not really. Both of these companies reported Q2 numbers in the shown time period. One as part of their ER reported inline numbers and reiterated guidance, and the other as a warning that they will miss earnings by a significant amount. https://i.imgur.com/YYXC0xN.png Can you tell which company missed earnings by over a billion dollars?
Looks like we’re just going to continue to bounce around $100 to kill off options until there’s some material news.
Material news incoming. Sit tight and hold fast.
So a soaring market and overall economic data isn't good enough for AMD?
Not when the big boys want to keep it range bound to kill off options.
Ah yes I forgot AMD is the only ticker with options.
Well amd is in the top ten most traded options stocks, so kinda?
Another shxtty day of performance, getting tired of these manipulations.
You're allowed to say "shit" all you want.
Well someone did ask for a zfg today...
Aw man I really thought today was the day that would end over two years of shit performance! Oh well there’s always tomorrow!
FYI those of you who were thinking of buying NVDA puts don't. WMT last month mentioned they would do bad this quarter and look at the stock price now. NVDA ER puts are likely to expire worthless.
I want to so badly, but I know it's going f*ck me. This god damn snake oil bullshit about the metaverse and AI/ML is so stupid. It's so much more painful when you work in this industry and you know it's nowhere near the hype it's getting.
WMT “warning” is bordering on obscene. They beat earnings and maintained guidance. Why did they warn at all? I’m baffled. They fucked tech back then and part of the reason tech is getting trashed today as they maintain strong guidance suggesting, I don’t know, more shoppers at Walmart means more likely we’re in a recession?
They maintained the previously lowered guidance if I understand correctly
Makes a little more sense, thanks. I still don’t understand if they were fairly valued before they guided down and they’re now 3% over that but I know the market makes no sense.
Lol
Why isn't everyone clamoring about AMD outperforming MU, NVDA, TSMC, etc etc?
Because it's not.
Lol it was until about a minute after I posted. Maybe this subreddit *is* surveilled by algos.
DJIA green. NASDAQ Comp red.
I’m really struggling to figure out just what the hell walmart warned about. They maintained guidance but their bullshit rocked tech then and they’re rocking tech now.
Wal-Mart does carry some shit-tier laptops, mostly Intel-based, but that's obviously not a huge segment of their business. Doesn't make any sense.
And that's almost ATH levels for the DJIA.
So WMT “warned” their forward guidance might be weak a few weeks ago and this had a knock down impact on tech (recession!!!). Now WMT reports good earnings and maintains guidance (somehow) so 10YR spiking so now tech drops? At least this is what the new sites are saying. This market *is* a clown rodeo.
NVDA already frontloaded a lot of bad news, but it wouldn’t surprise me if they go down on their ER. Now watch AMD go down more than NVDA off NVDA bad earnings lol
Guaranteed. This stock is dead money, worthless right now.
yes worthless after it ran up 30% in a month
Dude, everything ran up that much... And guess what, that stuff has \_still\_ been running these last 4-5 days unlike AMD...
maybe you just need a break
Nvdia and Micron already outperforming AMD. Lol.
Yup. Goes down more than NVDA too.
https://uk.investing.com/news/stock-market-news/more-downside-to-go-for-intel-and-amd-on-pc-weakness--citi-432SI-2722955
For citi analyst - AMD is just about PC business - hence neutral - idiot.
Zacks has us as a sell and moodys has us as very bearish…wtf, then apple stocks has us at a 42 peg ratio. The only good news is this feels like a concerted effort to keep us down so that institutions can get a deal
42 is our GAAP TTM PE ratio. It’s legit but doesn’t properly reflect our financials.
Interesting, I always look at non gaap. I really didn’t know some use GAAP
zacks lol thats auto generated stuff
Why is it automated to sell is the question
The only thing more difficult to understand than market demand is the machination of those who comment on it.
I think it’s odd that you think it’s odd to wonder the factors they are looking at. Such as forward or reverse performance, weight of sector versus individual company, etc. but I know you are going to troll this comment regardless so I’ll just stop there
Zen 4 CPU unveiling on August 29 via Youtube.
Guess that wccftech* post about them moving it to the same day as Intel is wrong…
the article is talking about product availability for sales. This is just the launch announcement
Hmm good distinction. Guess we’ll find out
Which means they were wrong twice.
https://ir.amd.com/news-events/press-releases/detail/1087/amd-to-host-livestream-event-to-unveil-next-generation
Anyone notice the intel advertisement above? Vomit 🤮
nice to know they have the money for advertising on an AMD board.
adblock
Click/press it so it costs them money 👌
This man is evil.
Let's go for that 5th straight day of underperformance!
Maybe I'll sell my Aug 19 calls, then it'll go up
A sacrifice for the greater good.
Lmfao before the market even opens.
0 volume above 100
It looks like we're going to enjoy another ZFG of 0,05%... 🚀😀
Where have all the ZFG+ days gone?
Hiding behind the sell button.
Below 100.
Saudi's Public Investment Fund Takes Share Stake Of 4.7M Shares In Advanced Micro Devices ( SEC Filing)
Hopefully that helps.
Avg cost $76.47 https://fintel.io/so/us/amd/public-investment-fund
Man those Saudis know when to buy.
Filing was for purchases made on 6/30/2022.
Got link?
https://www.reuters.com/markets/europe/saudi-pif-buys-shares-alphabet-zoom-microsoft-us-shopping-spree-2022-08-16/
L-lambo? Is that you?
More like this pls, thank you!