***Official*** 2018 Stock Market Thread

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DietDrThunder

Platinum Member
Apr 6, 2001
2,262
326
126
Expecting a profitable and successful company with a huge roadmap of new products to return to the share price it was at years ago when it was facing bankruptcy and losing hundred of millions of $ every quarter is unrealistic.


What exactly do you think will send AMD under 8$? Do you think their products will be failures? Do you think the whole market will crash and send AMD down with it?
Dude! I'm just jacking with you. That is why I said my Magic 8 ball. I have no insight into AMD.
 

DietDrThunder

Platinum Member
Apr 6, 2001
2,262
326
126
Any wagers on how big of a drop the market will take tomorrow? Since I gained 2.23% today, my guess is that I'll lose 2.17% tomorrow.
 

woodman1999

Golden Member
Sep 19, 2003
1,711
115
106
That's a weighty share price right there.

Did you have a big position?

Not terribly but if the aft hours price holds up I'll take an almost 10% day.

This one used to be an earnings week trade. But they seem to have a very solid grip on the robotic surgical industry so I have held this position for longer than usual.
 

FIVR

Diamond Member
Jun 1, 2016
3,753
911
106
AMD can't get out of its own way. Thanks LRCX for depressing the whole sector. These stupid commodity and industrial "tech" companies like MU, LRCX, AMAT all somehow drag down real tech companies like AMD, INTC, and NVDA when they report their crap earnings and delusional guidance. So sick of that.


I can't wait till MU and LRCX go back to 30 and 120 respectively and everyone shuts up about them. They are not tech companies they are commodity industrials that are currently profiting from purposefully precipitated "memory shortages". If these memory manufacturers were responding to market forces they would produce more capacity to meet demand but instead they'd rather price fix and pump their stocks. Eventually the whole memory bubble will burst and it will be painful for MU longs. Can't wait for that.
 

FIVR

Diamond Member
Jun 1, 2016
3,753
911
106
You're like Kramer in "the stock tip".

Didn't you spend the last two weeks getting exercised by various short puts and long calls on MU? Right after I told you exactly where their share price would go and you ignored my warnings?

You even tried to rationalize it as "fun" to be exercised out of your short puts so you could own more MU. Like that's even how options work, lol.


You are part of the problem. Keep ignoring my "tips" and I'll keep laughing at you losing money.
 

FelixDeCat

Lifer
Aug 4, 2000
30,971
2,675
126
Ill admit I got screwed yesterday on MU. I was positioned for a rise in shares with a short put spread and owned long calls expiring Friday. Instead the premarket looked bad because of IBM and "Lamb" Research roughly 5% price declines. I knew I was probably looking at a total loss. Options are vicious.

Feaing the worst, I dumped the weekly calls that cost 96 cents each for 55 cents and used the proceeds to cover short put spread also at a loss, walking away with a 50% total loss of principal on the MU trade funds invested.

I would have turned $1500 into $4500 by simply waiting for MU to turn around FOR NO APPARENT REASON. Instead I now only had $750. ....Win a few, lose a few.
 
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DietDrThunder

Platinum Member
Apr 6, 2001
2,262
326
126
Ill admit I got screwed yesterday on MU. I was positioned for a rise in shares with a short put spread and owned long calls expiring Friday. Instead the premarket looked bad because of IBM and "Lamb" Research roughly 5% price declines. I knew I was probably looking at a total loss. Options are vicious.

Feaing the worst, I dumped the weekly calls that cost 96 cents each for 55 cents and used the proceeds to cover short put spread also at a loss, walking away with a 50% total loss of principal on the MU trade funds invested.

I would have turned $1500 into $4500 by simply waiting for MU to turn around FOR NO APPARENT REASON. Instead I now only had $750. ....Win a few, lose a few.
Since I don't really understand what the heck you guys are doing (nor do I really want to research it because the market is a gamble enough), you guys scare me. I think I'll keep my strategy of buy and hold.
 

DietDrThunder

Platinum Member
Apr 6, 2001
2,262
326
126
I buy high and sell low. Doesn't always work out but I make it up in volume.
I don't understand how buying high and selling low is any sort of winning strategy. That's like saying I'll buy AMD at $12 a share and sell it when it falls to $9 a share. Sounds like a loss to me no matter what the volume.
 

DietDrThunder

Platinum Member
Apr 6, 2001
2,262
326
126
You obviously aren't trading at the volume that I'm trading at.
Then explain to me how volume makes any difference? Please realize that I'm not attacking you. I'm just trying to understand. Let's take AMD as an example. If I would have bought $10,000 of AMD 5 years ago, I would have had a total return of 312% or $31,270 and a total value of $41,270. Does your strategy give you a higher rate of return over the same 5 year period?
 
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woodman1999

Golden Member
Sep 19, 2003
1,711
115
106
I can't confirm it even a little, but i get the sneaking suspicion Ns1 may be having a bit of a laugh... unless I am insane....which may also be possible....