Taking some profits here on my AMDG 2x leverage shares. A tidy profit of $162K (116%) for a few months of holding. Too early? Probably yes. But sometimes you just need to book some profit.
AMD 2x leverage. $162K profit (+116%)
byu/thesmd1 inwallstreetbets
Posted by thesmd1
8 Comments
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ngl 116% on a leveraged play and you actually took it off the table.. that’s the discipline most people never have with leverage
Don’t hate, congratulate. You can never go wrong taking a profit. Good work!
What does everyone think about them going into earnings? They seem way overbought and could use some more correction to the downside, but it also seems foolish to bet against a chip maker in the AI bubble. They’re the only ones making money.
I sold AMD at 78 to buyback at $340
Taking profits with 2x leverage is actually the play. Most WSB legends are legends because they held until zero
I bought 2X semiconductors ETF a few years ago and it’s up 400%. On the fence to whether to take some profits or let it ride to Valhalla.