I can't believe we are one day out from earnings and the volume has gone Pffffffft! You don't see that with AMD too often. It is like INTC didn't report anything. If should have spurred SOMETHING with AMD traders! (scratches head)
Back in "March" The average daily volume was 15 Mil. Since the MS announcement, volume has skyrocketed to nearly double the Ave Daily Vol. Keep this in mind when discussing AMD's Volumes. And yes Pess. it is weird compared to 2Q. It appears that the majority is waiting for Thursday's numbers after hours :-)
Reading your posts you actually seem like a decent guy Pess. Please consider that the only hope for shorts is a fumbled Q3 report and a temporary myopic market reaction to the fumbled report.
After that is is HUGE spending by both Microsoft and Sony with HD videos, prime time commercials, next gen graphics comparisons - all that money, all that advertising, all that interest from two of the largest companies in the tech industry - all focused on the graphic power of GPUs produced by a company currently valued at $4 a share and with a market cap currently less than a 1/4th of NVIDIA and 1/40th Intel.
It has been 7 years since the last major console release. The amount of consumer demand is the highest it has ever been in the entire history of the industry.
AMD GPUs will the compatibility industry standard for all games made on both consoles and PCs/laptops for the at least the next 7 years.
You need more gravitas if you want folks to take your oracular pronouncements seriously. Try running them through the Yoda Speak Generator. Like this
I, believe we are one day out from earnings and the volume has gone pffffffft, cannot! You see not that with amd too often. It is like intc did report anything not. If spurred something with amd traders, should have! (scratches head).
Sentiment: Strong Buy
Give me a break... Volume is in line with the entire market today and that is because of this debt ceiling bullsheit. If they put it to the house this afternoon, with any luck this will be behind us in the morning.
Then you may get that rally of yours.