Advanced Micro Devices Inc (AMD): Yeah. . .we're kinda 'floundering' herea...

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armstjo1

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Monday, 07/21/2014 10:14:28 AM

Monday, July 21, 2014 10:14:28 AM

Yeah. . .we're kinda 'floundering' hereabouts, trying to find direction. I'll agree to that. . .down .06 now early on the day!

I just believe the pps will re-bound, could take some time. . .most instances in the past (after gulching down), it took some time--floundered around--then ease back up. The past quarter GOING UP was fairly pronounced. . .others back there, it simply move around day-in/day-out, then maybe 'some' uppage closer to the NEXT REPORTING PERIOD! Think most of you veterans would agree with that assesment!

This week will be test time. . .if it goes down further, will probably see outsiders come in to get a piece of the action, thinking it is low and would go up at least some! That would represent a good buying opportunity!! I'd kinda like to see it down in the $3.50's area this week. . .just me and my thinking!