Sold my AMD today. Bought it when it was $11 during the crypto frenzy. I might have missed further gains but I lost lots of gain when not selling communication stocks during the pandemic WFH frenzy. I don't want to make the same mistake. Tech and semiconductor are too frothy right now. I am considering selling SMH ETF as well after 3x.
Right call, there is no way AMD justifies 300+ PE. Even if they take 30% market share from NVIDIA( very unlikely) PE still does not justify it.
Yup now they will cross for sure π
How much did you make?
next moves?
I got a good amount of AMD in short @160 π€‘ market canβt stay delusional much longer, right π€‘π«
You ok Amazon? π
I sold it all too. Up more than 10x bye
AMD is dead! long live AMD!
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Congrats on the gains