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News AMD's stock slumps on analyst's downgrade

Discussion in 'Article Discussion' started by Gareth Halfacree, 17 May 2013.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Lover of bit-tech Administrator Super Moderator Moderator

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  2. mi1ez

    mi1ez Modder

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    Seems like he just wants their price to drop so he can buy? Stocks weird me out.
     
  3. Gareth Halfacree

    Gareth Halfacree WIIGII! Lover of bit-tech Administrator Super Moderator Moderator

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    That's not how financial analysts work. It's also illegal: it'd be stock manipulation on a similar, but grander, level to a pump and dump scam - only backwards.
     
  4. rollo

    rollo Modder

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    Not really sure how this is relivent. But rumours were that AMDs stock was higher on rumours of a intel Buyout those Rumours have disapeared so now the stock is a sell instead of a hold.

    The fact they have yet to break even in 6 quaters ( since december 2011 ) does not help them much either.
     
  5. SinxarKnights

    SinxarKnights Minimodder

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    Isn't that around the time AMD went fabless?
     
  6. rollo

    rollo Modder

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    Close enough id imagine
     
  7. SAimNE

    SAimNE What's a Dremel?

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    it'll probably level out for the most part and make a jump once amd makes another announcement. from what i can see they have been intentionally spamming them out at short intervals to increase their image... and a lot of it looks promising. so soon they will probably release some specs or come out with an announcement about how they got crossfire working across different architectures(havent confirmed it but it seems with the 13.4 drivers trinity apus can crossfire with 7750s... a gcn based card)
     
  8. SchizoFrog

    SchizoFrog What's a Dremel?

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    The problem is that announcements and future plans that seem promising only work in your favour if you have been on the up or at least stable over the last couple of years. When your company has seen land slide losses and changes to company direction almost at every turn these so called promising announcements just seem like risks and gambles. When it comes to the PC market, everyone seems to blame the decrease of sales on the economic situation rather than the fact that the average household now has a basic PC that is powerful enough to handle almost everything they want to through at it (with the exception of keeping up with high end gaming) for the foreseeable future. If that is the case then can people afford a new games console (MS or Sony), especially one that will most likely cost upwards of £400?
    When it comes to the losses faced by AMD, just how long can it carry on? How much debt are they already in and how long before the creditors close in and they get bought out? I think that unless they make a killing with the consoles within the first 12 months (unlikely) then they will likely be bought out some time in 2015.
     
  9. rollo

    rollo Modder

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    they are 1.1billion in debt with aprox that in cash in hand.
     

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