AMD RX-480 and ZEN - AMD's come back move

[coffee]

Just wish I'd bought more...

Something to think about:

200 shares @ 1.65 = 330.00

Buy an additional 500 shares @ approx 6.65 = 3325.00

Thats a total of 700 shares and your average price per share then is 5.22 . So, to lose money the stock would have to go down to that point. Adding those 500 shares gives you more earning power and really does not increase your risk as your average price per share is 5.22. Averaging your buys is a great way to add to your position and I do it all the time. The important thing is getting in very low which you have done. Then additional shares can be purchased and your risk of losing money is not affected that much depending at what price you buy the additional shares. I am using 6.65 as a possible entry point on a pull back.

Just food to think about.

 

[coffee]

I'd REALLY like to get educated on investing into stocks.

I mean in all honesty, I probably could have put a few hundred dollars into AMD
and while it's not quit your job money, my few hundred could have potentially
been turned into a few thousand in fairly short order.

My current 401k plan has been doing TERRIBLE. I do get a decent company match
so that money is basically a return in a way... in the fact that I don't get that money if
I choose not to invest. However, the combination of my money plus the company match
has earned less than 1% ROI over the last two years. Pretty terrible if you ask me.

I'd keep that plan, and only put as much in as necessary to get the maximum match,
but the rest I'd like to put else where. Problem is, I just do not know anything about
investing.

So yes @coffee, I think that's a great idea!

My girlfriend lost her job back in 2008 right when Obama was elected. She had this 401 she had to roll over and I told her that she should put it in a money market account and just suffer the tax on it. She didnt listen and took it to a broker (edward jones). I had a suspicion that since obama took office it would be bad for the country and thus bad for business. So, She has lost a lot of money and didnt take my advice. I wanted her to sit on the money for a very short period to figure out the best way to take care of it. But she is a poor listener.

I am a firm believer that if you want to invest money then do it by learning how. I do not trust brokers like EJ. I honestly feel I can do better and the knowledge I learn will help me further down the road. But thats just me. At this point if you have a 401 k then by all means stick with it. If Trump gets into office it will be good for business and we will see more "new highs" in the stock market. If we go the other way in the elections then we have had it.

 

[brandonkick]

Right now, I only have the 401K because I had nothing else in terms of preparing for retirement
and I knew that it would be wise idea to get something after starting my software dev career about
2 years ago. I didn't want to be tempted to go overboard with spending since I was suddenly making
3x the money.

I think the 401K was a decent choice for someone who knew ( and still basically knows) nothing when
it comes to investing. I have quickly learned that my 401K hasn't been performing very well so that prodded
me to start wanting to learn to start managing part of my portfolio on my own.

So if I currently invest say $600 a month into retirement, but only need to invest $300 to get the employer
match, then I'll drop my contributions to the minimum needed to get the employer match and take the rest
to invest elsewhere.

I'd say the biggest reason to keep the 401k the way I have it, is the fact that it goes in pre tax.

I'm not baking on social security being there at all for me, and if it is, I'm not betting it will be very much.
So this money I'm putting away right now needs to carry me through to the end of my life. Learning to
invest now, even within reason... not looking to get rich, just to build a decent retirement nest egg, is
one of my main goals.

 

[coffee]

We are all in the same boat. I will find time to sit down and get something going to share what I know about stock trading.

BTW --- Bought 500 shares today at 6.78 . I started thinking it was a bad idea after I did it. Had to run a service call and by the time I got back it had broke thru the 7/sh barrier. So, I have a total of 1000 shares.

I will get something together this week on what I have learned. Just trying to think of the best way to present it. Any ideas?

 

[MDD1963]

Back in the crash of 2002, when AMD was sub $3/share, and, a few years later, $30/share....

 

[1on1 Computer Services]

Loving some AMD today!!!

 

[coffee]

I about choked on my coffee this morning at opening . Fantastic day!! We finally hit 8 (briefly though) and we should be good at 8 next week!!

 

[ohio_grad_06]

You know why don't you? Google amd zen benchmarks. I guess they demoed an engineering sample of an 8 core zen cpu vs an i7 6900k E. Locked both cpus at 3ghz and did a blend test of some kind. Anyway, results are saying the zen cpu was neck and neck with the 6900k clock for clock, which is a massive jump. Done sites reported the zen was actually a little faster. But if it's actually that fast, cpu wars might be on again.

 

[coffee]

You know why don't you? Google amd zen benchmarks. I guess they demoed an engineering sample of an 8 core zen cpu vs an i7 6900k E. Locked both cpus at 3ghz and did a blend test of some kind. Anyway, results are saying the zen cpu was neck and neck with the 6900k clock for clock, which is a massive jump. Done sites reported the zen was actually a little faster. But if it's actually that fast, cpu wars might be on again.

This is going to get really interesting. Possibly again AMD might have caught Intel sleeping at the wheel. Im up for another processor war

 

[ohio_grad_06]

Keep in mind, you are talking one test, a blender benchmark of some kind. But if the numbers are true across the board, very interesting. This is one of many hits on google. Also, PC World had an article up too.

http://wccftech.com/amd-zen-8-core-4-core-cpus-leaked/

A couple of other interesting notes. The article above says that the power consumption on the AMD looks a little lower. Also, the other thing if you are a gamer, look at the gaming benchmarks screenshot. They were testing Ashes of Singularity(never played that one myself). But they are saying that at 1080p, an i7 4790 at 3.6 base clock, 4 ghz turbo was running average of 65.4 fps.

The Zen on the other hand was at 2.8/3.2, and was managing 58 fps in the same benchmark. If that is to be believed, imagine if they can scale these chips to 4ghz and still do some more refinements. The zen chip could be a monster. That said, take all the reviews with a grain of salt until you see an actual product, but if these are in the ballpark, I think they are basically on par with intel or just barely nipping at their heels, which could change with a refresh in a year or so.

 

[brandonkick]

Any movement on the new discussion area for investing?


And as far as the CPU wars are concerned, that's a great thing.
Engineering samples can be a little different compared to what
we get as far as a retail product goes. AMD hasn't been all that
relevant as a processor goes for quite some time. To see them
step in with a product that can trade blows with core architecture
would be great.

I think I'd be most excited to see what the zen platform might mean
for laptop graphics capabilities. Still loving my T420/T520 but they
aren't heavy hitters in the graphics area by any means.

 

[coffee]

I have been pretty busy with other things for the discussion group on investing. Sorry. But I always find the time to catch the opening of the market and watch AMD. Now, Last friday was great as it hit 8 / share. It did pull back but it will be there again this week IMHO.

AMD is one heck of a company because they always seem to catch Intel and Nvidia off guard. I m really interested in the Zen processor and hope to get one if my finances improve this winter. Im not crazy about the 480 video card because I run linux and not too many games. I play warzone2100 and thats about it. Call me boring lol...

I think we are at the point now with AMD's stock that if you can get it below 7.70 your doing good.

From my research this is what I have uncovered:

When AMD was at about 1.78 or so, Most investors had written them off for Bankruptcy. But then they got Lisa Sue as CEO and had the new video cards / Zen in the works. Now its a no brainer that Lisa is turning the company around. The recent move on the stock price is mostly because investors are re evaluating it as a comeback and not a bankruptcy. Its evaluation has not quite caught up with what the stock price should be. Now, Sales of the new video cards (480, 70, 60) are basically selling faster than AMD can really make them at this point. Most places are sold out and those that have them in stock are gouging on the price. Next is the Zen processor to be released in 2017 that has good reviews. After that is their new memory chips that will really improve their products. So, AMD is pushing hard under new leadership. A while back the talk was this was going to be a 8/sh stock. I didnt believe that but hey, There you go now. Now the talk is that it very well could hit 12/sh and by Fall/Winter of 2017 it could be 20/sh. Most of the time I do not pay much attention to such talk but I did that with 8/sh and was stunned. So, Anything really is possible. Especially as they are picking up clients like MS and their Xbox, Virtual Reality, and possibly supplying Apple with the new video chipsets. They are basically coming back to life and look to be real competition to intel and nvidia.

Most will say that Intel and Nvidia spend a lot more on research and devel so AMD will never be able to compete with them. But that really is flawed thinking. Companies that have an almost monopoly on a market tend to get fat and lazy. Thats when the competition gets the better of them.

I would keep a close eye on AMD. Their stock is going places and so is the company.

 

[ohio_grad_06]

I've been an AMD supporter for years. It seems like no matter how far down they go for being as small of a company as they are, they always seem to pull a proverbial rabbit out of the hat.

 

[coffee]

@ohio_grad_06 They are pretty innovative arent they? Problem with Intel is that they do not have to be innovative. They are like Microsoft. When they basically own the market they sit back and get lazy.

Thinking back over the years, The only Intel processor that I bought for a build was a 486 when they first came out. Other than that one computer I built/owned I have ran AMD consistently. In fact, I am still running my AMD Phenom(tm) II X6 1090T Processor that I have had for many years now. Still pretty good processor. Thought about upgrading to the FX 8550 but just never got around to it. I do water cool it with a cooler master radiator. I run my VM of windows on it and linux Mint as the main operating system.

 

[GTP]

Don't forget that the "innovation" comes from their acquisition of ATI

 

[coffee]

Don't forget that the "innovation" comes from their acquisition of ATI

Only in the graphics department. The new Zen and the High performance memory they are coming out with are all AMD.

 

[1on1 Computer Services]

Trying to decide if I should sell some or hold on???

 

[Metanis]

I can see from your sig you're a music lover. I'd follow the advice given in Steve Miller's 1976 song from the Fly Like An Eagle album.

 

[coffee]

Trying to decide if I should sell some or hold on???

View attachment 6648

I sold my shares and then took half and took a new position last friday @ 8.72 . Since we didnt see a drop last friday like I thought it would from profit taking, I got back in. I still expect a drop back to a new support level. I see support at the following points in the chart below:

Now, Should we start a pull back I will start buying more @ approx 7.50 or so. YMMV.

I have done extremely well on AMD

 

[coffee]

AMD = 9.07 premarket today.
If you have any AMD stock your going to love today.

AMD is going to preview their new ZEN processor with 8 cores, 16 threads in december. They are going to take on Intel directly in the server market and workstations.

http://www.pcworld.com/article/3145...n-cpu-in-december-starting-a-new-cpu-war.html