I have followed this stock. As a matter of fact, AMD is the stock that I have followed most. I do see this stock going places and the recent down trend has been really fast and furious to the point one may ask what am I missing. So here is what I have seen and what I think.
AMD became overinflated but before it did its fundamentals showed promise quite a while before its massive uptrend, but prices seemed to top out. AMD guidance has decreased but just about everyones guidance doesn't or states that their guidance is good is whom I would like to say can suck a fat one. Within this bubble of money moving warm bowl of fuc_ comes a brand new sector....or industry (you know we may ought to clear that question up..anyway) There is only so much money and yes MaryJ will bring new money in but not the kind of money that will be able sustain some exhibits or ooohs and aws that we have seen from price action in some of those stocks. The whole point is that this is a rare thing. A new sector/industry and one that is probably overdue by consensus thinking. So if prices are falling, it could be a good, wise, mature thing to do.
AMD became overinflated but before it did its fundamentals showed promise quite a while before its massive uptrend, but prices seemed to top out. AMD guidance has decreased but just about everyones guidance doesn't or states that their guidance is good is whom I would like to say can suck a fat one. Within this bubble of money moving warm bowl of fuc_ comes a brand new sector....or industry (you know we may ought to clear that question up..anyway) There is only so much money and yes MaryJ will bring new money in but not the kind of money that will be able sustain some exhibits or ooohs and aws that we have seen from price action in some of those stocks. The whole point is that this is a rare thing. A new sector/industry and one that is probably overdue by consensus thinking. So if prices are falling, it could be a good, wise, mature thing to do.