I've been in and out of AMD since it was first listed. It has a short period of being on the top and then it got behind yet does go up to double digits then down under $2 but it's not going to $2 again and it's getting its act together. Earnings were actually GREAT for what is going on and will get better each time but those who are not too bright which are most people, panic and sell buying high and selling low as usual while the rest of us buy and average down low and sell high. I bought at five year lows and loaded today and will add more if it drops another 50 cents however; AMD is going to $7 by end of spring and $10 or more by end of year then next year $20 and it will be on top again and stay there. Check your computers and see AMD in there. Those chips are in nearly every computer and they are branching out into other things now so we have a great company in the making here. If some don't agree, short it or sell at a loss and check back end of year and see how ya did. I will be and stay long and add when needed. AMD might get bought out but sure is not going bankrupt. IMO
Good luck everyone and especially those who don't agree with the truth.
Sentiment: Strong Buy
Earnings were #$%$. I was afraid of 20-30 cent profits with the Radeon sellout. But AMD, being dumb as a farmer's nuts, didn't know to make enough.
Now they'll have to get into ARM on just the fizzling console sales. What a joke. A technology that children no longer want to interact with, and adults can avoid on their phones or PCs.
Keep pumping, baggies. I will never have to cover.
Not many companies can report gross margin of 35%.
AMD is a Strong BUY at this level, this is also in accordance with:
*** I Know First system
Positive stance on AMD in 2014
Good luck to you itzjust, you will do fine here. See my post over at BBRY when I predicted that move and of course, was bashed for it at the all time lows. I posted in December and see the price today that I predicted. AMD is just fine like BBRY was just fine. ACI and AUY are fine too. I really have been in the markets since 1980 and that doesn't make me smart. It only makes me wiser and understanding of the markets from experience and some hard lessons along the way. AMD to double digits this year imo
Sentiment: Strong Buy