Lisa Su is starting to be my hero. She has been releasing upbeat news just before option expiration. AMD closed 3 cents off the HOD on good volume as yesterday was the calm before the storm on low volume. Let's see if there is enough horsepower to break the upper BB at about 7.35 Lisa Su talks about ZEN http://www.bloomberg.com/news/video...igh-performance-computing?cmpid=yhoo.headline
After around 3 weeks of consolidation we might finally leave 6s behind too. It looks strong premarket even with the down market. Let's hope that will be the case
My $6 calls are looking good this morning on expiration day. I have already moved the sell price up twice. If I don't get my price I will buy the shares
I can relate to that. With a 9% pop on 20 million shares traded in the 1st hour it is still pushing up. Probably won't hit 8 today but could be a possibility next week before it pulls back. HOD 7.70
I have to put on my eyeglasses just making sure that the gains today are correct on my account. $8 by EOD is possible.
The Cinderella story continues for AMD soaring to a four-and-a-half-year high. This was about ZEN that will be used in PCs to gaming consoles to servers. ZEN will give AMD the potential to take market share back on the server end and much more. Months ago there were rumors of what AMD and INTC were talking about behind closed doors. A deal, a contract? time will tell on that My $8 target was touched but no cigar just yet until it is broke