AMD - Advanced Micro Devices, Inc

http://www.streetinsider.com/Earnings/Advanced+Micro+Devices+(AMD)+Tops+Q2+EPS+by+3c/11852186.html

Beat earnings by $0.03 (-$0.05 vs -$0.08 Est)
Beat revenue by $68M ($1.03B vs $0.95B Est)

 

Advanced Micro Devices (NASDAQ:AMD): Q2 EPS of -$0.05 beats by $0.03.

Revenue of $1.02B (+8.3% Y/Y) beats by $68.71M.

Shares +4%.

Read more: http://seekingalpha.com/pr/16554777-amd-reports-2016-second-quarter-results

 

The market is still trying to figure things out as the price is all over the place. Guidance will be the driver now if upbeat.

Currently 5.35 up 13 cents

 

Looking good now 5.59X5.60

 

During the day it was looking scary but I am glad, I "manned up" and added more. Let's see if this push can trigger a better squeeze.

 

Same here, so glad that I decided to buy some more JUL 22 $6 calls today.

 

Cheers gentlemen. Good #s.

I'm hoping this rips more during conference call as I have a bunch of July 29 $6 strikes to unload. I also have some nice Aug 26 $6 strikes

 

I have the same calls and some longer term calls.

Earnings call in about 10 minutes
https://biz.yahoo.com/cc/3/152583.html

 

That is what I have:

 

The conference call was decent and I did hear something about a 18% revenue growth in the 3rd quarter I think it was. What noticed I noticed in AH was a series of trades at the ask coming big enough to choke a horse and it didn't move the needle.

 

Yes, 18% +/- 3%.

 

Thanks for the confirmation leonx81

Congrats to those that held and It appears we are ready for lift off in the morning. AMD broke the 52 week high in AH on high volume. (5.62)






Official: AMD now stands for Avoiding Miserable Death
http://www.theregister.co.uk/2016/07/21/amd_q2_2016_profitable/

 

5.75 premarket. Long live Lisa!

 

Good job guys you were right

 

With the amount of current short float, hopefully this party will only get better

They proved that they now can deliver two quarters in a row, shorts will run out of reasons to keep shorting it

 

Intel and Nvidia need to have real competition.. especially Nvidia.

 

The short network per-say was putting a lot of negatives on various websites yesterday before and during the shorting. Now it's time for the squeeze. Even at the conference call, the analyst from Bernstein was trying to trip things up with his questions, I expect that David Wong will come up with a higher price target in the near term.
1.1 mil shares traded so far in pre-market with 45 minutes to open

 

Yes that analyst is a joke. I think you are referring to Stacy. He has one of the worst success ratings and recently put a $3 PT on it. He seemed like he still didn't believe they were turning the ship around during the CC lol.