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$Advanced Micro Devices (AMD.US)$ rip. 137 next. broke out t...

$Advanced Micro Devices (AMD.US)$ rip. 137 next. broke out the pennant earlier than i thought.
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  • 10baggerbamm : your wishfully thinking it's 1:37 this is going to go to 135 I told everybody last week and you can take that to the bank and if Nvidia has any kink in the armor anything this is 126 best case scenario

  • pootpoot OP 10baggerbamm : well indeed its a falling knife right now. will take my time to add the next position when it bottoms

  • 73221785 : i bottomed three times already, please go up!

  • 10baggerbamm pootpoot OP : they're all approaching an oversold point right now every single one if if we go back to the beginning of the year and you look at the rally that happened with the chips collectively and then you had a few people coming out in June saying all they're overvalued they're in multiple expansion. compare the valuations of 35 times earnings to the current valuations of the Dow and the S&P because if you want to talk about a sector that's growing versus what I call cyclical Giants with the industrialized sector they're trading it stupid valuations compared to chip companies but nobody cares so you're swimming in the middle of the ocean you can swim against the tide or you swim with it so right now the smart money is selling going short but at some point in time the tide will turn and I think we're approaching that inflection point and I believe that it's going to become after Jensen announces earnings because he will speak with Trump I'll fucking guarantee it he talks to Elon Musk because Elon Musk FSD doesn't happen without Jensen and a rising tide lifts all ships. so at some point in time in the near future this selling is going to abate where is AI coming from? it's not coming from Walmart home Depot Chipotle Nike go down the list they're not where the next 10 years of growth is coming from it's coming from the chip companies that make everything else possible. but AMD fucked everybody and I will never buy this fucking stock again Lisa fucked everybody royally with her stupid dog and pony show where they didn't have one new customer from 170 to what I think will be about $126 before this is over

  • pootpoot OP 10baggerbamm : indeed . have to grab those puts once it rebound

  • Amina B 10baggerbamm : keep quiet

  • 10baggerbamm Amina B : the pain Train for you has just started

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