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I bought AMD at $2.87 after someone on HN or Reddit (can't remember which) from AMD was discussing their new architecture and how it could be manufactured cheap
by citilife 8y ago
I bought AMD at $2.87 after someone on HN or Reddit (can't remember which) from AMD was discussing their new architecture and how it could be manufactured cheaper and was as performant.
Thank god someone spilled the beans; also incentives me read HN all the time -_-
- nodesocket 8y agolol, insider trading? :-) Do have the original comment thread?
- KaoruAoiShiho 8y agoProbably not insider trading lol. AMD was extensively shilled on /r/wallstreetbets and /r/amd_stock for 2 years now.
- Phlarp 8y agoI'm not sure what else you expected from /r/amd_stock.
- KaoruAoiShiho 8y agoI didn't say I expected anything else. The point is it's not secret information that Jim Keller's Zen was going to change the landscape, people were shouting it from the rooftops. It was all just a matter of whether you believed them or not.
- slededit 8y agoAlas bulldozer made me a skeptic. I did get in once it was demonstrated to be competitive but the stock price was much higher then.
- Phlarp 8y agoRight, but the point is that particular sub would be shouting it from the rooftops regardless of the underlying truth. I think most would look at the situation and conclude that even broken clocks are right twice a day.
- westpfelia 8y agoidk about shilled on /r/wsb.. The sub just loves volatile stocks and everyone was making money on it so people talked about it. For a while it was $IQ and in the days leading towards earnings it was msft.
- NullPrefix 8y agoThis is a public forum. For insider trading you need private info.
- ksec 8y agoI sold it far too early for the profits, not because I didn't have faith in AMD, but I thought Intel noticed, and they are going to make a move. At least by Intel's roadmap which there were already changing it the third of fourth time by then. It would have 10nm, better IPC and other Server oriented SKUs. They didn't admit XMM7480 was fabbed by TSMC until later. By mid 2017 it was clear to me Intel is nothing but giant elephant that doesn't know how to move. Its execution was appalling, and they have been able to make improved sales only via market conditions or lack of competition.