Shonuff
Mr. Poopybutthole
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And that's not good price action for a beat. I have 30k in AMD. I thought about selling at 94 today, but thought it could break 100. And now this.
Look back at how the stock has reacted to previous great earnings.And that's not good price action for a beat. I have 30k in AMD. I thought about selling at 94 today, but thought it could break 100. And now this.
I can't continue to have 30k sitting in it. Looks like they are waiting for the Xilinx deal to close.Look back at how the stock has reacted to previous great earnings.
Keep in mind, if price action has been properly pricing in earnings then stocks "shouldn't" run up on a double beat. MSFT is a good example. It had a great earnings report and dipped. It's run up the last month has basically baked that shit in already. A miss on the otherhand is ass ravaging.And that's not good price action for a beat. I have 30k in AMD. I thought about selling at 94 today, but thought it could break 100. And now this.
The stock has been running up because it cleared hurdles on the Xilinx deal. Stock tanked after it announced it. It was trading at almost $100 a share before. I don't believe its fairly priced, but so far the market disagrees.Keep in mind, if price action has been properly pricing in earnings then stocks "shouldn't" run up on a double beat. MSFT is a good example. It had a great earnings report and dipped. It's run up the last month has basically baked that shit in already. A miss on the otherhand is ass ravaging.
Buy the rumor and sell the news.The stock has been running up because it cleared hurdles on the Xilinx deal. Stock tanked after it announced it.
And in come the upgradesKeep in mind, if price action has been properly pricing in earnings then stocks "shouldn't" run up on a double beat. MSFT is a good example. It had a great earnings report and dipped. It's run up the last month has basically baked that shit in already. A miss on the otherhand is ass ravaging.
AAPL is getting some very minor price upgrades but most ratings are staying pat with neutral or underperform. MSFT doing a bit better from the analysts. And GOOG... well fuck GOOG I refuse to own that shit.And in come the upgrades
I wish I had a time machine so I could have bought more google. Up about $1,000 (57%) since I bought one share. I bought one share just to have a rounded portfolio.AAPL is getting some very minor price upgrades but most ratings are staying pat with neutral or underperform. MSFT doing a bit better from the analysts. And GOOG... well fuck GOOG I refuse to own that shit.
Back in this thread after the crash there was a pretty long discussion of GOOG, TWTR, FB etc. I came so close a couple of times of buying it around $1,100 at the bottom. I just cant in good conscious own that shit. I know it hurts my returns and I have accepted that. Its why I went so far as to dump the QQQ and SPY as core ETF holdings and shifted to FTEC. No Comm stocks in FTEC. I won't own tobacco companies either.I wish I had a time machine so I could have bought more google. Up about $1,000 (57%) since I bought one share. I bought one share just to have a rounded portfolio.
I can't do it any more. They should never have let DIDI go public. Then they immediately shut it down, killing the stock. Its just too much. If its not the Chinese government going back to its Communist roots, its the SEC cracking down.BABA prepping for the assault to retake $200
BABA is the only China stock I dabble with. Its position as their crown jewel means they wont kill it. Just kick Jack Ma occasionally.I can't do it any more. They should never have let DIDI go public. Then they immediately shut it down, killing the stock. Its just too much. If its not the Chinese government going back to its Communist roots, its the SEC cracking down.