$Advanced Micro Devices (AMD.US)$ Is there any hope for this...
$Advanced Micro Devices(AMD.US$ Is there any hope for this stock? My list is 190 😓
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金银花茶 : Difficult
104825676OP 金银花茶: Why is that?
104249310 : Average it
104249310 : Else have to wait very long
104825676OP 104249310: What's the average?
ericlaiys : To reach 190, quite hard. Just average it
104825676OP ericlaiys: Is 170 hopeful
digimonX : What is ur time horizon holding this stock & did u buy using $ that u will need to use soon? Do u still have funds to buy (I mean $ that u do not need to use soon?) Timing is not so good now. A few things can happen:
1. Inflation report comes out cooler-than-expected. We may have a rally. If not, stocks will remain depressed.
2. nVidia's earnings lift Nasdaq & AI plays. This is as good as flipping a coin. Nobody knows... The most recent earnings, nVidia did lift the Nasdaq. However, 2 earnings before that, both times nVidia dropped a lot after earnings.
AMD's next Q2 earnings report will just be inline. Earnings ramp will be in the 2nd half of the year. I m prepared that the period from now till Oct will not be good for stocks. We may see prices grind sideways or lower. Nov may be the time we see a substantial lift in stock prices, AMD maybe towards $190 again...
Remember that last year, Sep & Oct were the lows for AMD, ard $80+. Nov till Mar, stock price jumped to over $220. Now down again. When we see a reversal, it could be huge moves but be realistic abt when.
104825676OP digimonX: In other words, it will take half a year to get back to 190? I'm going to suffocate when I hear it
102847117 104249310: My is 177 slowly wait
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