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ChrisA

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ChrisA

Re: J Rob post# 366602

Monday, 01/24/2011 2:14:14 AM

Monday, January 24, 2011 2:14:14 AM

Post# of 704570
I read a brokerage firm downgraded their earnings forcast for this year and next. Might be better to wait and buy hourly 8ma breakout for initial partial position. 1/3 position.
http://www.theflyonthewall.com/permalinks/entry.php/AMDid1356372/AMD-AMD-downgraded-to-Underperform-from-Market-Perform-at-Wells-Fargo


: AMD downgraded to Underperform from Market Perform at Wells Fargo
Wells Fargo downgraded AMD to Underperform after the company announced the resignation of its CEO, Dirk Meyer. The firm cites valuation as well as competitive and management risk for the downgrade and has a target range for shares of $5.50-$7.50. :theflyonthewall

I remember reading another one too.
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