AMD will need to make a bundle with special prices for liquidating their Vega stock. Nvidia was in the same situation not a long time ago, but I though Su played that game better than that. I think it is one of her real mistake, however, AMD is in the green and made 100 millions this quarter and they did take some ground from Intel in CPUs. It is going to be even better next semester, but the turn around will be how investors see Ryzen 2, Vega 7nm and Navi and CES.
Lots of challenge ahead of them, but I do believe this company can shift the inertia of the business altogether.
I was pissed off at the stock yesterday because I didn`t wanted to sell 32-34$ because I do believe that 7nm in the present situation will really be a game changer. I am betting on this. However, I got in at 9$-11$. Basically, I am not going to lose anything.
Ah well, it is an investment lesson there. Don`t hold your stock blindly, it is good to be patient and to wait for real deal. Been patient is rewarding. If you think you can make a good deal right now, you might be surprised tomorrow. Just know at what price you want to get in and snipe the stock for the best price you believe you can have. Analysts are good indicators, but on this one, nobody predicted this. Stock price always come back and forth in the short term.... or almost. I thought with AMD it would have been different, that the market really beat the shorters... now they are laughing at us.
However yesterday, Nvidia lost 10% of their value to. It was the worst day for tech stock in a long time. The Nasdaq lost 4%, it was bad.