In the last two weeks short interest had increased by almost 10 million shares (+10.5%). Lots of big money betting big against AMD this quarter.
Will Rory resign? Will paperhanger or Lisa Su takeover the helm? Will AMD warn before reporting on the 18th? Will there be a shareholder derivative suit filed? Will AMD announce filing of a bankruptcy petition during the Q1 CC?
How silly can one be.. Sony and Nintendo have to pay before any chip is produced in volume. Of course Microsoft will also pay if not paid yet for the new xbox system. So quarter one will surprise.. for sure as will 2nd, 3rd, 4th. then off to the races to $10.