AMD has hit the single digits before (low single digits at that), and it was only a few years ago. It can happen again.
...and to think Fortrend Securities LLC had this dog as a "buy" last year in January in their Relative Value Model (Negative Value Model?) when the stock was trading at $40.
AMD is down today. Not a good sign on such an up day. I am waiting for this to drop more. I hate Intel vehemently, but shouldn't let my emotions affect my trading.
Don't count on that. They can guide even further down. INTC can take more market share. NVDA can take ATI market share. 5.3 Billion in Debt currenty. Liquidation value is1.2 Billion. Reorganization Value is 2.3 million. Not saying it will, but it is very possible it can go much lower.
hi folks, have not traded stock or options in a while, but since today was quiet on the gbp/usd i decided to nose around a bit. saw where amd had a nice small gap up this am, and looks like it has had 4 days of upward thrust. it also looks like it has put in a double bottom & 1,2,3 did some research over @ schaeffers and noticed that amd recently completed a $2.2 billion bond offering. also discovered they say that the job cuts were not in engineering mostly in mgmt, etc. that their new quad server chip should be ready for release by summer now here is my question... i was thinking of some itm calls with a little time, but realized that oe should be this friday and there might be a pull back on monday what do you think of my intention to buy itm calls? should i buy them now or wait until monday? or???
Buying calls is definately not a bad play. AMD releasing their quad-core processor gives them a very good opportunity for a big jump in share price -- if their processor outperforms intel's.