/biz/ - Business & Finance

>>15155217
I just joined the party today, this is my first share purchase ever.
Already made $3, feeling pretty clever.

I decided to buy $140 and hold onto my other $140 to buy if there's another crash in price, which there might be before they release Server Zen 2 later on this quarter with all the trade war fuckery.

You know, I think AMD is such a bullshit stock, they've never made any money, all they do it keep Intel on their toes, and their shareprice yoyos between $40 and $2. Their massively multicore Zen 2 with slightly shitty clockspeeds and overclocking pissing off gamers (slightly) will do just fine in server where it's about performance/watt... so I'm sure AMD will go up a little. And then I'm seriously getting ready to short them, because if Intel does what they did after Athlon 64 in 2003-2005 and release an AMD crusher like Core 2 (2006), plus a possible recession, then I might ride AMD back down to <$10. AMD have never been able to beat Intel for long. I remember there was literal disbelief at early benchmarks of Core 2 on xtremesystem.org/forums when it was released, so shit can happen.

I really don't believe in AMD though, like people on computer forums and /g/ do, because all those guys support the underdog. AMD P/E 150, profit margin 3%. Intel is P/E 11, profit margin 25%. I'm just going to take advantage of this ludicrously speculative stock, I might make $50 bucks haha