AMD is going to do REAL good in the next few years... WHY? Because we now have a Tech in charge of making tech! Not a bean counter... Bean Counters should stick with counting beans.
Welcome aboard @TechGuy to the much improved HSM that is now Stockaholics. I was quite active on the old AMD thread over there in 2009 and more so now. Good luck in your trading
Bethesda may have accidentally leaked AMD’s new Vega 10 GPU, to be called RX490 & will feature 8GB of VRAM http://www.dsogaming.com/news/bethe...-to-be-called-rx490-will-feature-8gb-of-vram/
I expect AMD to possibly go down in to the $9.00 range today due to ER report.... And if the ER report is even or good and they provide good guidance we could possibly see this go to $12 soon.
Thank you.... I have been using many different boards... BUT they all seem to have something missing. Oh.. and a lot of trolls... LOL... So I am moving here.
What do you see the likelihood of a positive and negative earnings report. Right now we're sitting right around $10.50. So $9 and $12 are equally far away, so the risk/reward is about even if your statement is correct. I agree though, those are two numbers I could see hitting relatively soon based on ER and guidance. With a stock this volatile, it wouldn't be surprising either way.
First article I could find looks like a beat: Source: http://thefly.com/landingPageNews.php?id=2497293&headline=AMD-AMD-reports-Q-EPS-c-consensus-c
AMD Reports Fourth Quarter and Annual 2016 Financial Results http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-newsArticle&ID=2241045
I would have liked to have seen better numbers but the YOY increases were good. Let's hope for an upbeat CC now as AMD is up on 3.4 mil shares traded
AMD confirms its Ryzen CPU will launch in early March, followed by the Vega GPU http://www.pcworld.com/article/3163...-in-early-march-followed-by-the-vega-gpu.html
Advanced Micro Devices, Inc. (AMD): The Turnaround Is Legit! http://investorplace.com/2017/01/advanced-micro-devices-inc-amd-stock-turnaround/#.WJG4FddMGaN Canaccord Genuity Reiterates a Buy Rating on Advanced Micro Devices http://www.analystratings.com/2017/...-buy-rating-on-advanced-micro-devices/465816/