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Long On AMD Celebration

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  • Long On AMD Celebration

    This was the first stock I pitched here and was my first high conviction stock, pouring in over 160k into a single company. Today's intraday high finally hit a major milestone from my long term 3 year hold. Stay long and kept flying.
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  • #2
    Long and strong Singuy, Long and very strong.
    james.c.hendrickson@gmail.com
    202.468.6043

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    • #3
      Nice return.
      What is the plan moving forward? Still holding or are you going to take some profit and roll into something else?

      Are all of those gains from straight share purchases or did you use options along the way?

      Brian

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      • #4
        Originally posted by bjl584 View Post
        Nice return.
        What is the plan moving forward? Still holding or are you going to take some profit and roll into something else?

        Are all of those gains from straight share purchases or did you use options along the way?
        Still holding. Straight share gains. Bought on some dips along the way like when covid happened. But mostly bought them between 9-17.

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        • #5
          Wow, seriously congrats! I am heartened to see their Zen 3 architecture out there, not just bringing better products to the masses, but shaking Intel's once-held monopoly. Competition is good, and again, congrats to you for your big milestone.

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          • #6
            Congrats! Amazing return
            LivingAlmostLarge Blog

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            • #7
              AMD new partnership with Meta. Also their newest data center showcase was kind of mind blowning incase people wondering why their AMD shares are money printers today.

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              • #8
                Singuy , what are your thoughts on current price levels? Buy, Hold, or Sell?

                It's been a great run to 150 over the past few weeks. I got in late (Net Cost Basis 84), but I am still seeing very nice returns right now.

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                • #9
                  Originally posted by parafly View Post
                  Singuy , what are your thoughts on current price levels? Buy, Hold, or Sell?

                  It's been a great run to 150 over the past few weeks. I got in late (Net Cost Basis 84), but I am still seeing very nice returns right now.
                  Well...seems like Intel can't get a break while AMD is now aiming for Nvidia. Their MI200 is not just 20-30% faster at certain workloads, but 4-5x faster. It seems that AMD understand it takes time to get into the AI game Nvidia dominates on the software side, so they went with the FP64 side and just blow them out of the water. So when it comes to scientific/precision workloads, there's now only AMD. However I do feel like AI is where the money is at, but it's also where big companies are trying to bring their own stuff online vs relying on Nvidia.

                  I would keep on holding, the growth story is far from done.

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                  • #10
                    Very interesting story. I bought some at your $20 and earlier this year I flipped our INTC to AMD at around $70
                    LivingAlmostLarge Blog

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