MacLeod
[H]F Junkie
- Joined
- Jul 28, 2009
- Messages
- 8,280
Intel is still hanging around. Bounces back and forth from $48-$45. I'll hang on til $40 then I do believe I'll move on.
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INTC announced accelerated 10nm production timeline. Plus a lot of shares went short into the rise. Hair over 20% of the float as of three weeks ago. As comparison, only about 1.5% of Intel's float is short.WTF is going on here? AMD is crashing hard!!
WTF is going on here? AMD is crashing hard!!
Yep, people are cashing out on their profits. It'll level off, probably around $28, maybe a bit more, and then maybe it'll start climbing again. They've been doing that lately.Hardly, it's called profit taking and most are assuming it's hit the top end of value.
I can kick myself that I did not purchase 5000 shares of AMD when it was under $2.
AMD's PE ratio is pretty bad compared to Intel's. In other words, AMD should be priced much lower. Not saying that euphoria can't drive up a stock price, but looks like that has already happened in the case of AMD (that is, you missed the boat). With that said, AMD is smaller, but it's also mature. Outrageous PE ratios are usually ok with a new high flyer, not so much with a tech stock that's been around awhile. Their PE is "dot bomb" like (noting that back then we were driving stocks up that never made a dime).
Below 18 right now in after hours trading$24 is a good price for me. Agree that if it gets below $20 I'd buy.
I don't get this argument. Apple's PE was also crazy about a decade ago and look what happened. Now, I am not saying AMD is anything like Apple, but a company should not be judged on that alone.
You obviously haven't seen what's been happening to Micron with its 2.x and 3.x PE...If you look at the forward PE of AMD right now - it's 33 and a trailing of 78. Intel's forward is 10. As an investor, you should know what to look at.
Micron is a completely different animal. You can't compare the two.You obviously haven't seen what's been happening to Micron with its 2.x and 3.x PE...
I should have sold at $30 and re-purchased at <$20. Oh well.
I'm using ameritrade (was scottrade). They're okay I guess, but $6 commission on regular trades (buy and sell, dunno about options, etc), so you won't make money with small trades here.which brokers are you guys using to trade amd?
Sounds more like growth potential than a problem.I say one problem now is there are not that many good choices for AMD laptops or other mobile devices.
sounds like both.Sounds more like growth potential than a problem.
sounds like both.
Emphasis on "decade ago". And publicly traded companies are judged on that a lot, not alone, but it is significant. Remember, when you have a PE of 80, you're saying the company is worth 80 times what they are worth (effectively). And as you stated, this isn't Apple.
But don't disregard my other statements. In moments of euphoria, stock prices can absolutely sky rocket, even with infinite PE, again, like the "dot bomb" era. And it was at that time (post collapse) that tech investors stopped recommending tech stocks with really high PEs. AMD has to believe they can get to a low PE. And I'm not sure that they do. They need a bigger vision and the guts, determination, patience and long suffering to do it. Even when AMD was flying high at 17% server market share, they didn't exhibit this (in fact, just the opposite, they went to sleep). IMHO, it would really help them out. If the company doesn't believe in itself, it will just flounder along.... like AMD has for years and years and years....
If AMD wants to succeed, they need to demonstrate just how high they plan to go and do it, no matter what the cost. Right now they look like the "also ran candidate".
I won't say much on this except that if you use PE as your measuring stick, you're never going to excel at trading/investing. If you want to talk further we can do so offline.