Sony has too much in their product pipeline to linger below $20 PPS much longer. They just need to show positive results at some point this year, which I suspect will happen next quarter.
What do you expect with so much short interest controlled by the Wall Street financial cartel? AMD got ahead of itself and it was corrected for OPEX. I'm surprised it actually held $4.
You do realize that most of the short interest is probably held by a few hands with very deep pockets. AMD is going nowhere unless it truly turns positive.
Sony doesn't move fast on news (since its not a trading stock) and ~$16 PPS appears to be the bottom for now. You better pray the company loses money this quarter.
It is my understanding that VR hardware (Oculus or Morpheus) will only be as good as the software that supports it. You really need to look for signs of applications being developed with VR in mind.