Fiverr Is My Newest Pick

[jeffmem]

Hey Singuy, I am wondering if your thoughts on AMD are still positive? I have been watching the price fall for the last month, while Intels price has been steadily rising and last night with some announcements seems to be doing well. My AMD is now below my buy price, well, second time in the last few weeks due to the correction. Are you still bullish on AMD are you swinging towards Intel now or getting completely out of this battle?

[Singuy]

Hey Singuy, I am wondering if your thoughts on AMD are still positive? I have been watching the price fall for the last month, while Intels price has been steadily rising and last night with some announcements seems to be doing well. My AMD is now below my buy price, well, second time in the last few weeks due to the correction. Are you still bullish on AMD are you swinging towards Intel now or getting completely out of this battle?

Absolutely still bullish. Intels song and dance pivot complete hoodwinked people with what's really happening. Their yearly guidance dropped 7.5%..and this is on the back of world wide shortages due to supply not keeping up from other foundries. Intels process is really behind which is leading industry dropping their products for the alternative like Apple M1 and any amd products.

So based on the time line they announced, 2024 at the earliest for their 7nm product and 2027 for any of their new foundries to come online. That's like an eternity in the computing world while tsmc will have 3nm by then. They will be doing chiplet design by 2024 while AMD will most likely be on 3d stacked processors.

Finally we have some misunderstanding on AMD which means money making opportunity.

[LivingAlmostLarge]

Absolutely still bullish. Intels song and dance pivot complete hoodwinked people with what's really happening. Their yearly guidance dropped 7.5%..and this is on the back of world wide shortages due to supply not keeping up from other foundries. Intels process is really behind which is leading industry dropping their products for the alternative like Apple M1 and any amd products.

So based on the time line they announced, 2024 at the earliest for their 7nm product and 2027 for any of their new foundries to come online. That's like an eternity in the computing world while tsmc will have 3nm by then. They will be doing chiplet design by 2024 while AMD will most likely be on 3d stacked processors.

Finally we have some misunderstanding on AMD which means money making opportunity.

What's your target price for AMD? Is $76 too late to buy in?

[Singuy]

What's your target price for AMD? Is $76 too late to buy in?

Based on technical and today's price action, AMD seems to be at a good spot and one can accumulate at this price point.

[jeffmem]

I've bought AMD from 74-78 a share. So right now I am nearing 0, but have 170 shares, which too many for my liking already. So I won't be buying anymore. But hoping it will increase to a point like Singuy expects, it will be a nice piece of my portfolio. Thanks for the info Singuy, it seems AMD is poised to bury Intel, but it will take a bit more time.

Now, if only this market correction would stop that would be fantastic...

I have a buy order in for a few more shares of Fivver also around 190 if it gets there.

[Singuy]

I've bought AMD from 74-78 a share. So right now I am nearing 0, but have 170 shares, which too many for my liking already. So I won't be buying anymore. But hoping it will increase to a point like Singuy expects, it will be a nice piece of my portfolio. Thanks for the info Singuy, it seems AMD is poised to bury Intel, but it will take a bit more time.

Now, if only this market correction would stop that would be fantastic...

I have a buy order in for a few more shares of Fivver also around 190 if it gets there.

I don't expect amd to bury Intel as compute needs is on a very fast growth curve. Everyone who provides silicon will benefit. However I do expect AMDs margin to continue to increase and hit past 50% as they have the leading product.

[jeffmem]

Well, I agree, all the Semiconductor companies are going to do well the next 6-12 months at the very least. I have about 10 product supply chain semicon stocks in my portfolio right now because of it. Intel and AMD are just two. I just am concerned as I think I over bought AMD. But with the shortage continuing it should be ok.

Any idea when this ****show correction is going to end?

[Singuy]

Well, I agree, all the Semiconductor companies are going to do well the next 6-12 months at the very least. I have about 10 product supply chain semicon stocks in my portfolio right now because of it. Intel and AMD are just two. I just am concerned as I think I over bought AMD. But with the shortage continuing it should be ok.

Any idea when this ****show correction is going to end?

Haha if only I have a crystal ball. Market is looking for a reversal tho. I would say when earnings happen in April. March has always been unkind to tech.

[LivingAlmostLarge]

Haha if only I have a crystal ball. Market is looking for a reversal tho. I would say when earnings happen in April. March has always been unkind to tech.

So I swapped out our intc for AMD now. I figure it's had enough growth and to move to the smaller market share of AMD.

[jeffmem]

So I swapped out our intc for AMD now. I figure it's had enough growth and to move to the smaller market share of AMD.

What price were you in at for Intel? I got in at 51, I am not selling any of my Semicon stocks right now. I would have kept both, but everyone has their strategy. I have more than 10 Semicon companies right now, most short term holds until the world is caught up on chips and then I will consider which ones to keep and which ones to sell.

[jeffmem]

Haha if only I have a crystal ball. Market is looking for a reversal tho. I would say when earnings happen in April. March has always been unkind to tech.

Indeed you are right. lol. I am just patiently waiting. I want to free up some cash, but not selling right now, I am down too much. LT is still going to reward us well, so.... gotta wait.

[LivingAlmostLarge]

What price were you in at for Intel? I got in at 51, I am not selling any of my Semicon stocks right now. I would have kept both, but everyone has their strategy. I have more than 10 Semicon companies right now, most short term holds until the world is caught up on chips and then I will consider which ones to keep and which ones to sell.

It's been so long I think I looked at 3 lots at like averaging $8, $10, $12 bought back in 2008-2011 I don't want to have a super large amd and intc position. So I just swapped them out. I think the leadership is better at AMD right now and i'm happy to just be in the semi market but not necessarily INTC right now.

[jeffmem]

Ohhhh, you got in a very very long time ago and held til now. Very nice!

[kork13]

Picked up an extra bit of FVRR when it briefly dipped to $190/sh. It's what I love about limit orders -- I put it in back on 5 March, and even though it dipped for just a minute, I was still able to pick up the extra FVRR at the discount price. Just a matter of being patient. I only wish that I had more 'dry powder' cash on hand that I'm ready to invest. As is, I'm only going for a small handful of shares each time I set a new order. But oh well... Slow & steady...

[LivingAlmostLarge]

Anyone else buying fvrr? I bought some last time at $190 and thought I'd buy more. Bought more it accidentally triggered at $190 and now I have to cover it. But I'm thinking more.