wbmw says instead of buying amd common before it goes up he'll wait for it to be overbought and buy puts instead.
seems like a convoluted way to make a profit on a rising stock to me...
Re: it´s way too much, you have to listen to it, analysts are just stunned. They can´t believe it, especially the bears.
It's exactly what makes a put position so attractive. AMD vastly exceeded their expectations, so rather than finding a context for the quarter, the analysts will probably convince themselves that their long term expectations on AMD are seriously undercalled. If they start raising their positions to strong buy, it will inflate the balloon to incredible heights that AMD won't possibly be able to live up to. My strategy is to wait for the daze to clear and for hopes to be higher than the sun and moon. Then I'll buy some Jan 07 puts and sit back and wait.
Market Data 
Markets 
AI
