Advanced Micro Devices Inc (AMD)

[HailMary]

I think he's referring to the employee stock option reprice happening sometime this week - tomorrow I believe it is?

Works out to the favor of AMD employees eligible for this as they'll get a lower strike price on their repriced options. The idea that the stock is going down because of this is kind of ridiculous. Directors and above were not eligible for this reprice, so management really has no good reason to manipulate the stock.

I think it is down solely because of Intel's comments yesterday, and likely an analyst spin on this comment. AMD is doomed! I've heard that one before...