$AMD This reminds me a lot of $MU during 2018 at 60s. Tons of price update on daily basis and everyone was crying for $80 or even $120 (myself included) at it was selling at 8x ttm PE... MU then halved in next few months and only managed to craw back after more than a year. AMD has ridiculous PE (even forward PE) and way less market share then MU did/does in their respective industry... When AMD goes down it will be so brutal -- probably that's why none of the insiders bought any share but dumped 39m in 2019 alone.
  • 5
  • 10