Yeah, yeah, I know trolls scums, AMD is all finished. RIP, BK, WASTED.
Yeah, and you guys really aren't the same people with multiple IDs talking to yourselves all day and night. You really aren't losers that spend all your time here, trying to convince somebody, ANYBODY that you are completely right and everybody else is completely wrong. If this was 1995 you might have a leg to stand on, but you don't. The funny thing is that you watch daily movements like hawks and act like everything happens in a 24 hour cycle. It doesn't, and this is obvious to anybody who actually invests.
This board is filled with posts from a bunch of little kid, pizza faced INTC losers that never grew up. Proverbial dorks, but just not smart. This is an utter waste of time. I'm outta here, at least until they roll this board over and you scums get dealt with or until AMD rebounds and I drop by to let you know how stupid you really are. Again.
If the stock was at 20 or 30 and they got bad news like this then you may have had a point about future troubles. If they had fabs that they had to dump money into then they might have had real problems. But that's all in the past, where you currently live. AMD will rebound, I know it and so do you. The con is trying to convince everybody that they won't.
Have at it. Really, have a blast circle jerking yourselves with your 30 IDs each. This fad is over for me. I could sell my stake in AMD right now and end up with a marginal loss on the average of all my trades thus far. Am I going to? Nope.
As long as INTC exists so does AMD. Prove me wrong. Come on trolls, PROVE IT.
You can't, and that's why you're such a bunch of failures. You can't prove the one thing that you constantly state as being true. You can't sell the only con you're trying to push. The only thing you've succeeded at is making this place a cesspool. Oh, and you haven't made any money either, you aren't smart enough for that.
You've failed at the one thing that you keep trying to do every day, and I'm disgusted at all of you trolls scums for it. Because it's the most empty, stupid and pointless goal that I have ever seen; bashing a company on a message board hoping that it will fail. It's the essence of being someone with nothing to live for or to look forward to.
Enjoy your chosen lives, and I'm glad I'm not you. So very, very, glad.
FusionThread, you should believe your judgement and be patient. AMD will not disappear in the next 5 years. AMD stock price drops because they did not focus on speed performace, but cost-cutting APU. As an outsider, I can see AMD has problems since last December. I bought a 4-core AMD APU laptop with CPU speed 1.65 to turbo-2.3ghz during Chrismas. But it seems always starts at 1.65ghz when I started browsing. I had another AMD dual-core 2.3ghz laptop which I bought two years ago. My older laptop seemed faster than the new one I just bought. AMD CEO Rory worked for Lenovo, he should realized the problem but I don't know why he said speed performance is not important in May. I am not sure if APU has some limition in CPU performance. If AMD kelp selling the older version of dual-core, people will still buy them. Another problem is the new release A8-45 APU and A10-46 will have hard time selling to the Chinese, AMD biggest customers. Papermaster is trying develope smaller version of APU. AMD technology still strong and could be bought by another company.
AMD stock price dropped because they fell behind in desktop and server, and failed to execute in Fusion, and distracted ATI from discrete to try to keep Fusion from failing, which they failed to do anyway.
AMD stock price will stay down because AMD is up to its eyeballs in unsellable inventory that will have to be dumped and counted as a massive loss on an income statement in the next quarter or two.
AMD stock price will continue to drop because none of these things is going to be repaired any time soon. AMD is desperately short on cash, hence the usurious interest rates on its debt refinancing.
A look at the balance sheet from Q2 is telling: 1.68 billion in accounts payable and only .74 billion in receivables is a .94 billion imbalance. 800 million in inventory when 500 million is typical is a further .3 billion imbalance. 1.24 billion in immediate excess liability, and only 1.02 billion claimed in cash and equivalents? Their comptroller must be either wearing a catheter or sitting in a washtub.
Every time I tilt the picture on this company looking for something to suggest I've made the wrong choice by shorting it, I just find more to convince me to keep building that position.
"This is an utter waste of time. I'm outta here, at least until they roll this board over and you scums get dealt with or until AMD rebounds"
This does wonders for your credibility.
Not that you had any to begin with :)