Advanced Micro Devices Inc (AMD)

[blauboad]

AMD is going down this morning. I wouldn't be surprised if a disappointment is in store, at least compared to what has already been factored into the price.

Now this would not surprise me. I've taken a little off the table today--shares I've held more than a year--in expectation of a selloff and to free up some cash. Regardless of what happens in the coming months, we've have a nice runup.

I'm holding the larger part of my position at least till January for cap gain reasons, and because things still look very good for AMD. I do expect to see gains following any post-CC selloff. I do not expect a stellar CC that will send the stock through the roof, though I'll sure benefit if it does.