Don't let the share price bother you Q3 profits will be here soon.
Did you buy AMD for what the share price will be at today, tomorrow, next week or even next month. Take a look at Q3 and beyond where AMD will go from a $300 million loss to a profit.
Does anyone believe that the share price will remain this low? I don’t.
What is better? Buy low and watch the share price go higher and watch your profits grow while others are chasing the share price up or you being the one chasing the share price?????
What is better? Covering your shorts at a lower price or end up chasing the share price up trying to cover?
Worse yet, you walk away from your computer basher and that one PR shows up that send AMD out of the trading range and you did not see it before the share price shot up over $3??? You will have to add big time to your account or be forced to BUY shares in order to cover your short position.
85 MILLION shares short. Once we break out of this trading range, AMD will take off just like 2009 where AMD went up 440% from February to December.
The closer we get to Q3, the higher we will go. It will reach the point where AMD will get the attention of Wall Street and will be all over CNBC as the turn around success story.