Just based on the ridiculous comments, it's pretty clear newbie, short-term mindset gamblers are in the stock. Why? Because it went up a lot recently. They didn't experience the long decline of 2022, or 2024-5, they just piled in recently and have a ridiculous cost basis, blaming Trump and other random stuff when it goes down 20%. I'll admit though, it's certainly been very volatile of late.
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$Beyond Meat (BYND.US)$ you're gonna get shredded. Fascinating to watch meme fever unfold in front of my eyes.
$GraniteShares 2x Long AMD Daily ETF (AMDL.US)$ lost out on literally $450 because of the Moomoo system failure.
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$Advanced Micro Devices (AMD.US)$ barely closed positive despite strong pre-market and intraday price action on the back of very good news. The rest of the market fell sharply late in the day. That suggests nervousness and a desire to cash out any profits immediately. If that happens again today, tread carefully as conviction in the rally is dying.
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They were anti competitive c**** when they were in power, then they came complacent and run by bean counters, so inevitably they ended up losing. They had some brilliant engineers and even elected one as CEO but it was too late and the useless board of directors awoke from its tourper and started firing people now just sealing their fate. so what happens when you've got us cred and you used to be too big to fail? Go and get handouts. They have to make gre...
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Once $Advanced Micro Devices (AMD.US)$ finishes pulling back and going down, everything else will be at all time highs and ripe for a "healthy pullback", and AMD will go down in sympathy then too. Then it will report earnings, beating expectations but having one of its endless "one time accounting charges" plus a softly bullish guidance and the stock will get punished. Next some random analyst with a success rate of 3% will lower a price target and the stock will get punishe...
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A couple of months ago it was rising strongly, but before that it had been dropping for over a year. It's back to dropping hard, dropping for any reason. Indices at ATH, competition at ATH or close yet this one hates to stay high. It peaks occasionally and then dumps hard for long periods. It's a tough ticker to hold. I guess it's the reality of a company that has always been the runner up. It doesn't have the mind share and confidence of the large players. NVIDIA sneezes and p...
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It's been "bullish", or has tried to be bullish during overnight and pre market sessions for a little while, but then it gets rolled everyday during market hours. Algos or funds have it in for this stock at the moment it seems.
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