For all you long term investors out there, I'd start accumulating some AMD. I picked some up today at 14.76 -- have an order at the low 14's-- orders at 13,12,10 and 8
If it keeps coming down all the way to 8, needless to say, I'll have an enormous position, which is something I won't mind at all. At some point, AMD will turn and have a very nice move and as long as you start building a position now and manage your orders correctly, in the long run, you should do well.
This stock is getting undervalued but it could become more undervalued, or turn here -- I just feel it's a good time to start accumulating and sell your shares when you have at very good profit.
If it keeps coming down all the way to 8, needless to say, I'll have an enormous position, which is something I won't mind at all. At some point, AMD will turn and have a very nice move and as long as you start building a position now and manage your orders correctly, in the long run, you should do well.
This stock is getting undervalued but it could become more undervalued, or turn here -- I just feel it's a good time to start accumulating and sell your shares when you have at very good profit.