Advanced Micro Devices Inc (AMD)

[fellowshort1]

I disagree, I have a long position, entered at $2.6 pps. But the market is currently worried about the. PC space more than the game console space. (I don't know why, but that is the facts.)

Here is what I think is going to happen: Short Term
I think that we are going to see a drop in share price in the short term as margins and the PC sales segment disappoint the market. I have bought put options that I intend to trade on the decrease in price.

Here is what I think will happen: Long Term
The market will adjust their focus from the PC market segment as this market stabilizes in 2014 and will start to focus on the graphics segment. (Where the consoles are) At this time we should see an appreciation in price per share to around $7. This price target is supported by a free cash flow analysis.