Bob Knights Liver said:
I'm long AMD, but this was just a day trade for me today. Would sell the calls before close if target or stop wasn't reached. I also think they'll knock the numbers out of the park, but it will call come down to the conference call and guidance. Maybe they'll Tim Cook us and just refuse to give guidance?
A 2/4 call was obviously short term. I just know I forget sometimes about earnings dates and even what day today is... wanted to make sure you were aware in case it didn't do much and you were considering holding overnight. I typed the post while you were typing your stopped out one.
Everybody was watching Apple. AMD gets less scrutiny and hoopla from the street at large (which mystifies me). I think their guidance is usually pretty straightforward. I am interested to see how much further they are cutting into INTC's market share and how their server business is doing. Also, crypto was big in Q4 until it wasn't, and I am wondering if they might have gotten a bump from that, assuming the supply was there to fill orders.