Holy crap AMD stock down 11%

[SVT Cobra]

INT has been doing terrible also due to low profit earnings.

 

[Engineer]

No reason to see this turn around right now. Numbers not there to support it.

CNBC analysts suggest a possible bottom of $11-12. Not sure how they arrive at that. Regardless, chasing it down is a bad idea, IMO after a little reading.

 

[JS80]

Originally posted by: Engineer
No reason to see this turn around right now. Numbers not there to support it.

CNBC analysts suggest a possible bottom of $11-12. Not sure how they arrive at that. Regardless, chasing it down is a bad idea, IMO after a little reading.

you are right. unless they develop some kind of AMD-ATI proc-mobo-vid card combo that blows intel out of the water, AMD will continue it's downward spiral.

 

[OS]

Originally posted by: bennylong
I've been holding Intc for a year and hope it goes up tomorrow so I can sell it in 2 weeks when I only have to pay long term cap. gain. Then I will be able to provide the dowry to my mail order bride.

INTC, I'm counting on you and so is my bride!

wtf, dowry is supposed to go the other way, the chicks family is supposed to pay you.

You're getting ripped off in this deal.

 

[Engineer]

Originally posted by: Engineer
No reason to see this turn around right now. Numbers not there to support it.

CNBC analysts suggest a possible bottom of $11-12. Not sure how they arrive at that. Regardless, chasing it down is a bad idea, IMO after a little reading.

AMD down to $15.57 on a big rally day for the overall market. Bleeding not ready to stop yet.

 

[Acanthus]

Always buy right before major product launches

A week before K10 if it's still down.

 

[EKKC]

i own both SNDK and AMD

needless to say, i got pwned today

 

[vi edit]

Originally posted by: EKKC
i own both SNDK and AMD

needless to say, i got pwned today

I just picked up some SNDK today after the bloodletting it had.

 

[her209]

Originally posted by: vi_edit

Originally posted by: EKKC
i own both SNDK and AMD

needless to say, i got pwned today

I just picked up some SNDK today after the bloodletting it had.

I think SNDK is going to drop some more due to the glut. I'm waiting until the solid state drives start shipping en masse.

 

[Engineer]

AMD at $14.84 and looking to take out a two year low from May 05. If it takes out the low, it could be down quite a bit more! :Q

Low before that was $10.90! :Q

 

[Pocatello]

I'm wondering should I buy some, or it's going down some more?

 

[K1052]

Originally posted by: Pocatello
I'm wondering should I buy some, or it's going down some more?

Still headed south, I'm waitng to buy more.

 

[iversonyin]

Capital Re and Management increased their stake in AMD to 10%. Almost time to buy.

 

[Jadow]

I'll buy if it gets under $13

 

[AMCRambler]

They're both sucking ass right now. Just AMD is eating it harder than INTC due to the earnings hit they took when they bought ATI. AMD is gonna drop another couple of bucks before it bottoms out. Probably hit 13 at least, more likely 12. I'm still waiting for Google to tank. Man when it does you're gonna hear some whining on here! Lol!

 

[chuckywang]

Originally posted by: bennylong

Originally posted by: BrownTown
I think the fact is that no sh|t buy low sell high, that is common sense, figuring out when it has peaked is the problem, telling someone to sell high is like telling them to pull their pants down before they take a sh|t, its a total insult to their intellegence.

good analogy.

LOL!!!! how the heck did you think up that analogy??

 

[Smartazz]

Originally posted by: renaldoriggs

Originally posted by: redgtxdi

Originally posted by: KnickNut3

Originally posted by: K1052
I'll likely buy some once it hits bottom.

Good strategy. Make sure you sell it when it tops out, too.

LOL!!!!

What's so funny about that? That's a typical strategy. Or do you just not understand stocks?

Yeah, I made a few thousand off of that technique.

 

[JS80]

I'm going to accumulate starting 12 down to 9 with a stop at 6.

 

[Engineer]

Took out two year low and is around $14.54 right now. Downward pressure still on this one!

 

[iversonyin]

http://www.my-esm.com/showArticle.jhtml?articleID=197006384

LBO rumor on AMD. **sigh. If a private equity do want to take over, the premium is usually only 20-30% over market value.

From what I know, AMD is a very likely target. They are strapped for cash and still have a good potential to return to profitability. It only matter of time.

 

[SuperNaruto]

just saw it too..

http://www.traderdaily.com/news/item/4493.html


Advanced Micro Devices Inc. (AMD) faces a potential cash crisis amid rumors about a private-equity buyout for the microprocessor maker, according to an analyst.

"We were surprised to see AMD shares rally yesterday given what we believe to be increasing concerns about cash flow at the company," analyst Doug Freedman of American Technology Research Inc., in a report on Thursday (Feb. 15). The analyst issued a "Sell" on AMD shares with a price target of $12.