Okay, so you think AMD is going higher ON FUNDAMENTALS, right? Well, let's try to put an upper bound on it.
Look at its nearest competitor, Nvidia. A profitable company that competes in the same industries. EV of $4B.
So, what would it take for AMD to have an EV of $4B, assuming the Market wants to price them equally?
Well, let's see. $2.04B in DEBT, and likely ~$1.1B in cash this quarter, so net debt position of $900M. That means that at today's market capitalization $1.76B, the EV is really $2.66B. Wow, not bad for a debt-laden, non-profit (or even charity) organization, right?
That means, hey, if AMD were to be valued like its competitor, Nvidia, it has $1.33B or ~$2/share of upside from here.
But will it be valued like its profit-earning brother? Not anytime soon.
I like a good short squeeze now and again, but please don't try to fool anybody with your "arguments" that AMD is going to "double digits". AMD is getting crushed by Intel in PCs and SERVERS, Nvidia and Intel will tag-team kill any attempt at HPC from AMD, and discrete GPU market share is moving in orderly fashion to team green.
But hey, keeperoftheq and co, you're looking to offload your AMD onto the unsuspecting public, right?