You are witnessing the very beginning of a longterm turnaround from the oversold levels that were assuming bankruptcy.
That means it's going back to 10 over the near term and over $6 before you can realize it. The smart money is gently rolling back into this thing far before retail as it quietly clocks in day after day of 3% to 8% gains.
Have to agree. AMD financials already turned the corner. I think the news about Never Settle, and the $337 million they made in the 1st quarter off this one alone was enough. We will be back to $7 very fast.