What's up with spike in AMD'S stock?

[sm625]

I wouldnt even call it a spike until it hits at least $4.

 

[poohbear]

I wouldnt even call it a spike until it hits at least $4.

Well it went up another 6.5% today! That's almost 30% increase in 3 weeks!! Damn wish I got in on that but man I assumed it was top risky.
It's 1 year high was $3...so $4 is very unlikely.

 

[Dresdenboy]

Dresden, you long AMD?

At this time I am, but always with the finger on the trigger. I'm no more convinced of pure fundamental plays. Days like this one provide nice training data for an (hidden) event based trading system.

 

[poohbear]

AMD up again off of news from GDC

bought 570 shares @ 1.95 sometime in February because it was how much free money I had open in my ROTH

wish I threw more money at AMD when it dipped into the low 1.80s though

I need to plan an exit point soon since I'll be shocked if this does not get sold off before earnings

Good for u man, that's an awesome profit that uve made! I'd sell soon cause u can't complain about a 30% profit in just under a month! Earnings call is next week March 21st....u guys think it'll jump another 10% before then? 10% ain't too shabby with just one week away....

I just dont understand the crazy rise, are ppl that optimistic about the earnings report/future of AMD that they're all buying in? Their 1 year price target is $1.87, now it's $2.68....too high too fast?

 

[Dresdenboy]

Good for u man, that's an awesome profit that uve made! I'd sell soon cause u can't complain about a 30% profit in just under a month! Earnings call is next week March 21st....u guys think it'll jump another 10% before then? 10% ain't too shabby with just one week away....

I just dont understand the crazy rise, are ppl that optimistic about the earnings report/future of AMD that they're all buying in? Their 1 year price target is $1.87, now it's $2.68....too high too fast?

You're off by a month for the earnings call.

Someone at Seekingalpha recently had a look at NVDAs and AMDs valuation (fundamental approach as not liked by me) and found, that AMD's stock should be 7x higher based on that alone.

I think according to the high short interest, that there are a lot of ppl, who placed a bet on AMD's chapter 11. Coming from $3-8 in the last years, they can only gain another $1.8, when AMD trades that low. But even cautious traders might see a buying opportunity at that level, causing the shortie's paper profit to melt.

And maybe we're just witnessing some algo trading with some funny feedback loops.

 

[Arachnotronic]

You're off by a month for the earnings call.

Someone at Seekingalpha recently had a look at NVDAs and AMDs valuation (fundamental approach as not liked by me) and found, that AMD's stock should be 7x higher based on that alone.

I think according to the high short interest, that there are a lot of ppl, who placed a bet on AMD's chapter 11. Coming from $3-8 in the last years, they can only gain another $1.8, when AMD trades that low. But even cautious traders might see a buying opportunity at that level, causing the shortie's paper profit to melt.

And maybe we're just witnessing some algo trading with some funny feedback loops.

IMO, it's pretty clear that the stock is being driven up by hype around AMD's upcoming GDC presentation with these folks eagerly awaiting Polaris 10 benchmarks in the hopes that it'll move the stock, heh. Just go look at StockTwits' AMD feed to see what I'm talking about.

http://stocktwits.com/symbol/AMD

Like I said, story is super easy to sell to retail investors. Doesn't take a lot of capital to "grease the wheels" on AMD shares & once it gets moving, retail jumps on board.

 

[Arachnotronic]

Good for u man, that's an awesome profit that uve made! I'd sell soon cause u can't complain about a 30% profit in just under a month! Earnings call is next week March 21st....u guys think it'll jump another 10% before then? 10% ain't too shabby with just one week away....

I just dont understand the crazy rise, are ppl that optimistic about the earnings report/future of AMD that they're all buying in? Their 1 year price target is $1.87, now it's $2.68....too high too fast?

Earnings call is in April, FYI.

 

[Dresdenboy]

IMO, it's pretty clear that the stock is being driven up by hype around AMD's upcoming GDC presentation with these folks eagerly awaiting Polaris 10 benchmarks in the hopes that it'll move the stock, heh. Just go look at StockTwits' AMD feed to see what I'm talking about.

http://stocktwits.com/symbol/AMD

Like I said, story is super easy to sell to retail investors. Doesn't take a lot of capital to "grease the wheels" on AMD shares & once it gets moving, retail jumps on board.

I see those postings via "Market Pulse" by Yahoo. But for me this is only chit-chat, as it still has a low S/N ratio. I've a CS degree, not in social sciences. Well, there is ML for sentiment analysis. The only true flows of information are price/order flow for trading and serious leaks/bits of information.

BTW, looked at AMD's T&S today: there look to be 10 >=50k trades on the buy side vs. 3 on the sell side, or 2 >=100k buys vs. 0 sells. Numbers might be off by a few percent due to my quickly hacked classificator. But still it doesn't look like only retail traders jumping in. Of course there are profit takers too.

 

[Arachnotronic]

Easy come, easy go -- stock down ~8% today.

 

[BurnItDwn]

AMD is so low priced/low valued that even tiny potential sources of good news have a big impact on its price

 

[dark zero]

Earnings call is in April, FYI.

And it drops the ball and makes AMD lose at least 1 dollar per action... Wishing to hit below USD 1.1 per action.

 

[Dresdenboy]

And it drops the ball and makes AMD lose at least 1 dollar per action... Wishing to hit below USD 1.1 per action.

Last time China's been the reason - likely even stronger due to AMD's business there.

 

[Dresdenboy]

Easy come, easy go -- stock down ~8% today.

Exactly, look at these moves caused by everything but fundamental investors. But if it would be serious, there would be more sells going on right now.

Update: Fed moved $AMD by 1ct with little volume. Big buys came back in, after whoever realized, that the artificial discount session is over.

 

[Boze]

http://seekingalpha.com/news/316801...se-gpu-patents?app=1&uprof=45&dr=1#email_link

AMD and Intel in talks for Intel to license AMD's GPU technology... looks like Intel wants more than just so-so performance with their integrated graphics.

 

[frozentundra123456]

Or it could just be a power play to force nVidia into a better deal on renegotiation. I would see it as a real humiliation to AMD if they leased their supposedly best edge to Intel. Fusion is the Future, etc, but we will license it to our competitor? It would seem an admission that either it was not that great or they could not execute it properly.

 

[CHADBOGA]

Or it could just be a power play to force nVidia into a better deal on renegotiation. I would see it as a real humiliation to AMD if they leased their supposedly best edge to Intel. Fusion is the Future, etc, but we will license it to our competitor? It would seem an admission that either it was not that great or they could not execute it properly.

It would also be a sign that AMD could have leased the needed technology from ATI or Nvidia, without paying through the nose to purchase ATI whole.

 

[poohbear]

Easy come, easy go -- stock down ~8% today.

Well in after hour trading it jumped another 8% when it was announced Intel is in negotiations to license AMD GPUs cause Intel's GPU patents agreement with nvidia expire q1 2017. The roller coaster continues! Lol I don't have any stock in AMD....but it sure is fun to watch. Debating getting in on the next dip but damn for a $1.87 price target & most analysts rating it as a "sell" it's really defying the odds. Stock is trading on pure speculation now.

 

[Dresdenboy]

Or it could just be a power play to force nVidia into a better deal on renegotiation. I would see it as a real humiliation to AMD if they leased their supposedly best edge to Intel. Fusion is the Future, etc, but we will license it to our competitor? It would seem an admission that either it was not that great or they could not execute it properly.

It takes a while to implement this licensed IP. So how much money will AMD lose based on your detailed analysis?

It would also be a sign that AMD could have leased the needed technology from ATI or Nvidia, without paying through the nose to purchase ATI whole.

But they couldn't have licensed experience, working toolchains, manpower, nearly finished products, exclusive use of tech, etc. this way. Facebook could simply have licensed Oculus Rift. Are they stupid?

 

[ShintaiDK]

It takes a while to implement this licensed IP. So how much money will AMD lose based on your detailed analysis?

And it took AMD how many years to come up with the first APU product?

But they couldn't have licensed experience, working toolchains, manpower, nearly finished products, exclusive use of tech, etc. this way. Facebook could simply have licensed Oculus Rift. Are they stupid?

Facebook expects to get its money back. Will AMD ever get its ATI money back?

 

[ShintaiDK]

Well in after hour trading it jumped another 8% when it was announced Intel is in negotiations to license AMD GPUs cause Intel's GPU patents agreement with nvidia expire q1 2017. The roller coaster continues! Lol I don't have any stock in AMD....but it sure is fun to watch. Debating getting in on the next dip but damn for a $1.87 price target & most analysts rating it as a "sell" it's really defying the odds. Stock is trading on pure speculation now.

Its 100% emotional stock trading. The volume itself was also peanuts.

Its an interesting stock indeed to follow with these wild swings and why it does so. A live show in irrational behavior.

 

[AMDisTheBEST]

AMD is slowly turning out a profit so of course stock will rise. I expect it to rise more later in the year when they release their new products. AMD is at the bottom of the hill right now. There is no more down left, up is the only direction.

 

[Boze]

AMD is slowly turning out a profit so of course stock will rise. I expect it to rise more later in the year when they release their new products. AMD is at the bottom of the hill right now. There is no more down left, up is the only direction.

LOL! Things can always get worse.

 

[hrga225]

LOL! Things can always get worse.

He should read about Murphy's law.In short:

1.When something could go wrong,it will go wrong.
2.When nothing could go wrong,it will go wrong.
3.When absolutely nothing could wrong,it will go wrong.

 

[frozentundra123456]

AMD is slowly turning out a profit so of course stock will rise. I expect it to rise more later in the year when they release their new products. AMD is at the bottom of the hill right now. There is no more down left, up is the only direction.

Famous last words "it cant go any lower".

 

[ShintaiDK]

Famous last words "it cant go any lower".

That's so true. It wont go under 20$. Well...it wont go under 8$. Ok then, 4$....2$