what AMD needs now is a nice jump in profits from $45 million to $100 million...anything less than $60 million and this stock will stay at $15 a share for awhile and I might lose interest in this stock as an investment play
The seeds are in place for large increases in GM going forward in both CPU and memory. I don't think we'll see $100M in earnings in Q2, but it is likely for Q3, and I think Q4 will be over $.50/share.
I think patience is key for a long term AMD investor right now. Trying to trade this stock right now is going to be tricky. It could run to $25 quickly, or stay at $15 for another couple of quarters. I'm holding out until at least January before selling any of my shares.
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