Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Re: Yea this is a hard one, we just need some good pr.
I'll gladly get back in when I think it's ready to rise again. I feel as though we'll see $1.50 before we see $3.00 however.
I Gave Up And Sold - Yesterday
I just can't find any logical reason to continue to hold AMD.
I made a comparison of AMD and Mattel (MAT). Both companies have same sales - just a tick under $1b per quarter. AMD does have twice the amount of shares outstanding but MAT is a $25 stock. It makes little sense to me. Either AMD should be a $12.50 stock or MAT should be $4 stock.
Re: Buy out rumours
Saw this as well. I'd be perfectly OK with an offer of $4 per share.
Re: After hours high 3.1772 as shown on Nasdaq website
I saw this too. Wondered if some great news came out but couldn't find a thing. Looks to be a mistake on the buyer or the feed.
Citigroup Initiates Analysts Coverage - Get's It Wrong
Advanced Micro was initiated with a sell rating at Citigroup. $2 12-month price target. The company is losing money and market share in a majority of its businesses, Citigroup said.
http://finance.yahoo.com/news/video-analysts-actions-advanced-micro-141900816.html
What company does Citigroup think it's covering? AMD is not losing money. This news apparently is having no effect on the PPS as of 8:45AM PDT.
Intel Settles Pentium 4 Lawsuit
Intel lied, cheated and manipulated data. Anyone surprised?
http://finance.yahoo.com/news/intel-settles-pentium-4-lawsuit-223707959.html
Re: I am speculating that without a buyout...
Global Foundries didn't get the contract from IBM to make chips - IBM paid GF to take the chip making business off their hands. Big difference.
As for AMD being in decline, the street treats AMD as the red-headed step-child of the chip making industry. AMD is a profitable company and will remain profitable. AMD has cornered the gaming console market. AMD is making better and faster server chips. AMD has done what others have not - come out of the declining PC market with innovative products that are earning money. IBM wasn't and that's why they paid GF to take their chip making business off their hands.
And even if a buyout of AMD was in the future, it would be a good thing for stock holders. I cannot imagine a tender offer of less than $6 per share for AMD.
Earnings: No Real China XBox Numbers
XBox'es went on sale in China on September 15th as I recall reading so these earnings cannot possibly reflect those current and upcoming holiday sales. Let us not forget that there are more than 1,000,000,000 Chinese, many of whom have more disposable income now than they have ever had.
If just one in 50 Chinese buy an XBox, that could generate $2,000,000,000 in revenue for AMD.
AMD To Enter SSD Business
http://www.engadget.com/2014/08/07/amd-radeon-r7-ssds/?ncid=rss_truncated
Re: Little salmon trying to swim the upstream ladder...
Which is better than the the fat old beat to hell fish just wallowing at the shallow end of the pool.
Xbox One Is Entering a New $10 Billion Market
And that's a good thing for AMD.
http://www.fool.com/investing/general/2014/07/30/microsoft-corps-xbox-one-is-entering-a-new-10-bill.aspx
There Are A Billion Chinese
And with the XBox coming to China in 2015, AMD is certain to profit even more than they are now. Seems the street has forgotten about this bit of information. Do the math - if just 1 out of 100 Chinese were to purchase an XBox, that would equate to sales of 10,000,000 units. Wall street really needs to look beyond the end of its nose. AMD is not a failing concern, it is a profitable concern learning to change as the global market changes.
Re: Just bought another 10k @ .0412 sweet!
And come open of trading tomorrow, you'll have 200 shares.
Re: Well, now you will have 1,780 shares at a average cost of $12.50 per share!
Which, given the RS and closing PPS, he has about $5350 worth of stock that he paid $22,500 for.
The stock closes at $.06. A 50/1 RS should put the price at $3.00. I'd wager a years pay that this stock is again below $1.00 within 15 trading days.
How Much Have The Reverse Splits Cost You?
So I have no vested interest in this non-company but I am curious how much your broker has charged you for all the reverse splits. I posted a while back that if you had 25,000 shares in May 2013, you'd have 1 share now. Given this last announcement of a RS, how is anyone still buying this company? The new EPS will now be what - $-300,000.
Re: Maybe if you had 25,000 on May 15 was worth $10,000...
Sure, but aren't you being speculative about a stock that goes from $.39 to $3.51 in just 6 trading sessions? Seems this was all on the news of NEWL accepting their newest cargo ship - which I must point out wasn't news. That deal has been in the news for months - it wasn't a surprise.
I mean really - it was a $.03 cent stock on May 14th. Given the reverse split of 1:50, it should be trading at $1.50. Following that split, it tanked even further. Accepting delivery of another ship does not make a company magically profitable.
Now that the company shares have been so devalued (by reverse splits), the EPS is mind boggling - a loss of $6,000 per share.
Re: If You Had 25,000 Shares...
So, doing a little math, 25,000 shares in your portfolio on May 21, 2013, was worth $5750.00. Depending on what your broker charges for a split commission, you may have paid about $100 for the four reverse splits that have occurred since then. After those splits, you now have 1 share. And that is worth all of $4.40 at the end of business on Wednesday, one year later.
Why is this stock being traded and why does anyone here think it has value? I'm not trolling here - I really want to know because I almost got into this stock a few months ago.
If You Had 25,000 Shares...
...one year ago today, you would have one share now with all of the reverse splits. Why is this stock even being traded? I've been following it for a while and to me, it's just a head-scratcher.
Re: Ya except I am not going around...
This is what forums are for - expressing opinion. You're getting defensive when getting defensive is not needed. One thing is for certain - if you are right, I will be wrong, If I am right, you will be wrong. No other outcome will occur.
Take a Xanax and relax.
Re: You dont think it will break 4...
Time will provide all answers, eventually.
Re: Oh, sorry. I thought there was room...
Wow...a little touchy aren't you? I stated what I believe will occur, just as you have. I sold all my AMD stock in the last 30 days after holding for more than a year. I got in at $2.02 and out an average of $3.66. I am pleased with my decision to get out for now and will gladly get back in when I see $3.00 or less.
I wish everyone the best of luck but with the guidance given at last earnings, I'm skeptical as to where AMD stock will go from here.
Re: In at $3.92, target $8
Thanks, I needed a good laugh.
Your target price is way off the mark. I actually would not expect to see AMD break the $4 mark this year. The street treats this stock like a 'red-headed step-child' and that isn't going to change any time soon. Console sales will continue to keep AMD a viable company but with the continuing decline in PC sales and Nvidia still leading the market (in video sales), AMD won't be seeing $8 for many years. A realistic target of $2.80-$3.30 (given the guidance at last earnings0 is more likely.
Re: I think there's a good chance...
Nvidia is set to report earnings on Wednesday and those earnings will be lower than expected. The ripple effect will definitely change AMD's share price IMHO.
Will AMD see a significant drop? Hard to predict the future but the way the street treats AMD, I would not be surprised to see AMD closing on Friday at $3.10.
Re: We are close but 3.30...
It is if the price continues on the downward trend, which I believe it will, to $2.80.
Re: AMD...where do you think the bottom is?
With Q1 guidance at 16% lower in sales, I would expect to see AMD drop to below $3 within 45 days. My target price to buy back in (I got completely out on Friday) $2.40.
Class Action Lawsuits = Nothing
Find a publicly traded company that hasn't been sued by an ambulance chasing law firm and I'll give you $9.40. There are literally hundreds of firms that make a living out of suing companies for no reason. The only thing a class action law suit does is chase off the retail investor and reward the big firms that short the stock.
Re: LOL. People have no faith in AMD
I have plenty of faith in AMD - it's Wall Street I have no faith in. When big companies (JPM, CS, MS) continually downplay and downgrade a stock that is turning a profit in a volatile market, the retail investor has no chance. These companies short AMD and then issue downgrades. We have no ability to manipulate stock prices as they do so what happens? We lose. It has nothing to do with faith in the company.
Re: Out of AMD this week with a 65% gain
I sold half my shares at a 90% profit. I'll probably get back in at the low, which I think will be near the $3.00 range given the Q1 guidance.
Re: So what's everyone thinking tomorrow will bring price wise?
Given the after market price drop, I would expect to see another drop in regular trading tomorrow. Even though AMD met expectations and revenue was up considerably, the street is still beating up on the stock.
Don't be surprised to see the closing price tomorrow in the $3.45 range. I dropped half my interest at $3.90 and am feeling good about having done so. I'll be glad to buy back in at a $3.20 level.
Re: Will you hold til after hours post?
I think when AMD beats earnings for a 5th consecutive quarter, the street can no longer ignore the fact that the company has turned itself around.
I'll hold until $4.04, then sell. I'll buy it back when I see the low. Selling at $4.04 represents my doubling my investment.
Earnings Estimate
Analysts are expecting an EPS of $.06. If AMD follows the trend of the last four earnings report, they will beat again. Although AMD has beat the street for the past four quarters, we still got beat up on. The mood I'm hearing now is that when AMD reports and beats the street yet again, a beating we shall not take.
I'm guessing AMD will again beat the street and post earnings of $.09 per share.
'Nuff Said
http://seekingalpha.com/article/1939861-these-top-2-tech-stock-picks-for-2014-are-trading-below-5?source=nasdaq
And well said at that too.
Re: Its is very clear as to what they want.
Oh I, and almost everyone else, agrees that intentional manipulation of a stock price for financial gain should be illegal. It's a fine line between insider trading and what firms like Oppenheimer are doing. I fully understand the principle of shorting a stock but when you short a stock and then provide information designed to bring the price down, you are attempting to manipulate the PPS. That should not be legal.
Re: Why isn't AMD responding to all this Downgrades...
As a business practice, companies never respond to what the analysts say. Companies report earnings and forecasts, analysts disseminate that information and provide opinion. Take it with a grain of salt. Numbers don't lie and most analysts have motives that are always in line with what they are spewing.
Oppenheimer downgraded AMD and not surprisingly, are shorting AMD. If you short a stock and then downgrade it, it seems clear as to what you want.
Re: So far it appears that the downgrade...
I think when a firm downgrades a stock and also admits that it is short that very stock, not a lot credit can be given. Of course, the facts don't support any of the rhetoric either. AMD is on an upward swing, the future looks good and unless a global catastrophe happens that wipes out all electronic devices on the planet, we're good for the next 5 years. Once consoles become available in China, AMD will be a $20 stock. There are a billion Chinese and their middle class is expanding faster than a newly divorced Kardashian.
Re: Yeah, Im with you but despite the organized opposition...
Here's a re-post of mine from a week or so ago. When you have articles titled "AMD's Graphics Cards Are Selling Out for the Wrong Reason", you just have to hake your head in disbelief and wonder.
http://us.rd.yahoo.com/finance/external/mfool/SIG=12r2e35c7/*http://www.fool.com/investing/general/2013/12/11/amds-graphics-cards-are-selling-out.aspx?source=eogyholnk0000001
I do believe that is the stupidest fucking headline i have ever read. Exactly why is selling a product for any reason wrong? What a dumbass.
Re: What is wrong with AMD?
Nothing is wrong with AMD. They are making a profit and trimming costs. They have captured the entire gaming console market. Laptop sales are on the rise, especially in Europe. They have better CPU's and GPU's. They have more products at more competitive prices than any of their competitors.
The reason the stock price is lagging is because of heavy and consolidated manipulation by Wall street firms with a vested interest is seeing the stock price drop. Millions of shares have been shorted by numerous firms. Most of those shorts were made at a time when AMD was in fact on shaky ground. Now that AMD has recovered, the only recourse with those firms that shorted AMD at $3 or less is to downgrade and downplay the stock.
AMD has done what others have not - turned the company from losing money to making money. Wall Street made a bet that wouldn't happen. Now they have little else to do but try and cheat the retail investor out of money. Not that that is a new strategy.
Re: I so agree.....
There is no purpose in wanting a stock to fail. When you short a stock and then downgrade it, you are hoping to make money off the misfortune of others. That principle is wrong. The practice is unethical. I understand the fundamental behind shorting a stock but in reality, it's a fine line between insider information. Insider trading is illegal. Shorting a stock and then providing analysis or opinion that is designed to bring the PPS down is no different.
Manipulation of a stock price, regardless of the tactic used, is wrong.
Re: Additionally Oppenheimer states that they are short AMD
There needs to be regulations in place that do not allow a firm to provide opinion or analysis on a stock if the goal is to affect the price. If you have no vested interest in a stock, then and only then, should your analysis or opinion be allowed.