I wouldnt even call it a spike until it hits at least $4.
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.Dresden, you long AMD?
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
You're off by a month for the earnings call.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.
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?
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.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.
Earnings call is in April, FYI.
Last time China's been the reason - likely even stronger due to AMD's business there.And it drops the ball and makes AMD lose at least 1 dollar per action... Wishing to hit below USD 1.1 per action.
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.Easy come, easy go -- stock down ~8% today.
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.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.
Easy come, easy go -- stock down ~8% today.
It takes a while to implement this licensed IP. So how much money will AMD lose based on your detailed analysis?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.
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?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.
It takes a while to implement this licensed IP. So how much money will AMD lose based on your detailed analysis?
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?
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.
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.
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".