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JoelTCampbellJr

AMD - The Psychological Pitfalls of a Market Cycle

Short
Advanced Micro Devices Inc (NASDAQ:AMD)  
JoelTCampbellJr  
NASDAQ:AMD   Advanced Micro Devices Inc
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AMD is trading at a PE multiple of 296. Their CEO has done a very good job building confidence in the company but unfortunately the euphoria is over. The numbers don't jive and the market is starting to come to grips. Time for a reset of expectations. The Psychological Pitfalls of a Market Cycle at its finest
"At least 50% of the whole game is the general market."
-William J O'Neil

"Don't let anyone tell you that you can't time the market"
-William J O'Neil - Chapter 9
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