Advanced Micro Devices Inc (AMD)

[FS]

sgolds, last post on the subject.

I could not agree more with your assessment of his risk. I think he got them today at .35 for a total investment of $35,000 + fees, but still no chicken feed.

If the downturn's cause was simply an overbought condition I think he had a shot, not a very good one with 3rd friday coming up next week & the usual downward movement on share price due to that event, but a shot. I think he is counting on a delayed reaction to Intel's strong 4th quarter news & good upcoming Comdex news to drive the stock up rapidly towards the end of this week. So if the market cooperates & rebounds in the second half of this week like I said he had a shot.

But if the financing deal for the fab is announced this week along the lines of what I posted then he has no shot at all.
I just thought if he had not thought of that possibility to make him aware of it & maybe he might reconsider his position & save part of his capital.

Thanks anyway for your posts. I don't like posting, so I will just go back to reading posts as I have done for the last year or so. Just kind of came out of the closet to try & help this other guy.