Given that it took just 15m shares to raise AMD's price $1.33 the previous day and 25m shares today could only drop AMD $.92 it sounds like there is still an on-balance demand for AMD stock.
That is an excellent point. AMD was also overdue for a pullback. I'm surprised it actually stayed above $35. This drop hasn't scared me out. Look at it this way. It closed higher today than it did 2 days ago, and 2 days ago we were all happy with the price. It only looks bad because it was down $2 from its intraday high.
I'm holding out for at least another month, and probably longer.