Maybe it was? The culmination of a huge decline before the earnings, the CEO change, the slight earnings miss, the restructuring. That's pretty much everything all at once. Anyone who was going to get out, is probably out at this point.
Operating income of over 60mm, net income of 17mm and working to improve. Estimated restructuring changes will improve 2015 by 85mm. This is a (slow) turnaround really taking shape. They have a baseline of income from the PS4 / XB1 to keep them going, they're continue to roll out new products, and 2015 is supposed to have some really good stuff.
In my opinion, now that they've made it here, and with as low as the stock valuation is at this point, I think we're set up for a good 2015. Obviously, only time will tell, but I for one am feel pretty good about AMD's future at this point.
What, you didn't NFLX going up 55 points (15%) in one day? Beating earnings by 3 cents and 10 million in revenue?
If 1.11 billion in revenue vs the expected 1.1 billion in revenue doesn't scream a 15% increase in one day, I don't know what does! ;)
By "poof.. did it", he mean, "poof, all gone".
in all seriousness. I had a tiny short. enough to keep it interesting, not enough to worry about it. I love netflix, but think the stock is overvalued here. I tip my hats to the longs, grats guys!
I just have to laugh... "ha ha longs"? The stock is up over 10% after hours, to a new all time high... I think you need to learn how to make fun of people...
Yea.... the joke's on the longs....
I just drove the p85 this weekend (85k performance version), 0-60 in 4.0 seconds. Talk about a beast! It shames almost all cars out there, and with no revving, or gear shifting... It's smooth and instantaneous! That car seriously obsoletes almost every other car out there.
I don't know. Maybe because they make something like $50 billion a year in profit?
Yea, I bought some yesterday (410 strikes) that are worthless now (unless a miracle happens tomorrow). There goes a quick $12k...
I have, just 4.5 years ago. Every stock was trading at absurd levels. Just saying, we've all seen it before. Still sucks when it happens though.
The shorts said since apple was going down when the market went up, that apple would TANK if the market went down... So, what happened today should NOT HAVE BEEN POSSIBLE according to the shorts....
Just reminding you guys... what you're seeing today isn't possible, so it didn't happen.
Then, add the cash back in (150 billion), and you've got a stock price around $500... - even at no growth.
We're sitting on 6 mil volume. While I'm loving the spike, concerned it's another fake rally...