We hit 10,000 Subscribers!
I remember u/DieAntw00rd posting when this sub hit 1,000. AMD and it's stock price has come a long way since then. Here's hoping the good times keep rolling!
Edit: Guess I may have jumped the gun. Desktop site reads 10.0k members, but mobile says 9,957 readers. I guess desktop rounds up. Bummer, real 10,000 is going to be anticlimactic now LOL ;).
Edit2: Only 42 more spots left to say you were one of the first 10,000 subscribers. Hit those subscribe buttons and you'll be an OG when this sub hits 100K!
Maybe we can get this thing to real 10K by market open.
Posted Apr 24, 2019, 6:37 AM UTC · edited
Here is a link to the 1,000 sub post, just for grins. Kinda funny to go back and read those old posts. Things didn't rocket launch quite as fast as some of us hoped lol. For the record, the stock was a little over $10 back then. edit: typo
Wow. I didn’t realize the sub was so small only two and a half years ago.
I guess looking back, AMD’s financials took a much more incremental improvement as opposed to the big flash everyone was expecting. The big boys looked down on AMD like it was a third rate company that couldn’t be relied upon.
Now things are a lot better as far as AMD’s credibility, finances, SP, and certainty of outlook.
Those who held on made a lot of money so far. Those who sold early missed out. Some of them got mad and turned against AMD. Those who traded in and out could have fared either way, though I assume most wouldn’t have done as well as holding the whole time.
Edit: had mistaken date of linked post, fixed
Just to clarify the record, that post was over two years old - December, 2016. But yeah, not that long ago.
The financials have definitely taken a bit longer to materialize than many of us hoped. Some of that was blind optimism, some of that was Lisa Su's conservative approach IMO, and some of that is certainly due to the difficult task of changing public sentiment.
Patience is a virtue.
Yep, I mistook the date. Still a very impressive sub growth rate. lol much faster than even AMD stock.
Lisa Su definitely seems to prefer the long game, which is a great thing for the company. I actually believe it to be one of the fundamental differences between how a good company and a bad company is led. So many bad command decisions made for the sake of the short-term at so many organizations.
Hear, hear!
I remember that one. I had just put some money that I had saved for my Vega card into $AMD for shits and giggles (my first stock market adventure!) and was absolutely hyped until that Capsaicin & Cream event several weeks later. I lost money, bought myself some Vega anyway and now have as much money in AMD stock as I can free up.