I has run nicely off the $3.02 bottom after the last earnings report but that is a drop from over $4 when they disappointed again. The problem with AMD is they seem to almost always find a way to disappoint with their results after the market runs it up into earnings that's why it's still a $3 stock while the market is at all time highs. They seem to always have a debt and execution problem but there is a large short interest. The X-box one may help them this quarter but I would bet they will find a way to make the shares go lower after they report. One more thing there is not much downside I guess.
Buy after earning when it gets crushed and sell days before earning and lock in your profits.
I think you've got it wrong Look at the chart. Read the news AMD each day has great article from sold out products from Xbox PlayStation and the new aapl mac pro sold out til Feb and the bit coin parts are sold out and the server area sold out. All analyst are negative and institutions have a very small position as this changes AMD will move up fast. Next week CES AMD will have a big part and the stock will move up to $ 4.35 and earning on Jan 19 will send AMD over $ 4.75 buy now for the ride.