I haven't traded AMD in a long long time, but I feel compelled to post here anyway because nicoboy is so fricking disturbed lol. Probably OCD
lol, I have no idea why the price is $1.70. Because I know they have at least 3 years until BK (with their cash, and credit facility).
Momentum and the downgrades I guess.
Really dude, get over it.
How many times does it need to be proven that AMD is not going to the moon any time soon?
Trade it and stop pumping it.
Lots of people took a haircut over the past few weeks.
I mainly play energy / natural resource stocks, and my entire capital took a 15% haircut over the past 2 months. It's a good thing I got out when I did, because otherwise I would have taken a 30 - 50% haircut.
Oh well, live to fight another day. As long as you got capital left you can make it back.
I think really, Furphy should be the CEO of AMD, because he has undying support for AMD.
After the stocks takes a nosedive, instead of thinking perhaps he made a mistake by not selling in the $4's, he writes a letter to John Byrne.
Some people live and die by AMD I guess. Fundamentally speaking, the stock is not cheap.
gar4one, you were here many months ago and you're still here. Is this your day job?
It's also being propped up by all the excitement that Elon Musk generates, with his frequent headlines, that stir the emotions of investors.
I think at this point the only thing that will make people sell is a stock market meltdown, or a recall. Either, or Ford / GM / Toyota / GM suddenly come up with an electric vehicle that's competitive, which I don't think would happen.
Nevertheless, I would never buy it until after the next major crash.
Tesla is a short term trading stock. Right now it's being propped up by long term holders, and short term traders. I don't think there are as many "greater fools" out there for the long term at these prices. So when it's time (i.e. when market sentiment changes), it will come down.
Heh, it's hard to figure out the psychological makeup of some people. AMD followers follow AMD like it's the only chance to make money.
I also doubt that the frequent pumpers (like Nicoboy) here are shills, because nobody would be foolish enough to pay someone to post here, it would be like flushing the money down the drain. So they must have some kind of mental issue, like obsessive compulsive disorder or something lol.
Nicoboy why are you still here???? AMD is not the only chance to make money.
Bankruptcy is still possible, they bought some time with Oaktree's financing.
The rest depends on China's policy or world demand.
This could week could be the bottom...or it could go down to $1 before reversing, nobody knows.
I hope they don't go bankrupt, cuz then I'd lose money lol.
I come here for entertainment, sometimes to troll the die hard longs (even if I am long on the same stock).
Yahoo Finance message boards contain some of the funniest people who are absolutely in love with their positions.
I think today or tomorrow is the bottom.
If you want to buy ACI, you should do it today, because it's the 3rd day after the price went below $3, and this is when most of the margin call liquidation happens.