If history serves me correct, yes we will!
Shooting to 8...followed by mid 8, triangle, consolidation, lift off to 9.
Appl Iphones, Macbooks and I Macs!
SNE PlaystationNeo PlaystationSlim and More!
-plans to raise $600 Million in common stock from the Publick Market
-Plans to raise $450 Million in convertible senior notes due 3026 ($30 million goes to the costs of the transaction)
-ruffly around 10% dilution.
Looks like AMD wants to attack it's debt in the short run for long run gains.
AMD wants to lock in low interest rates now.
AMD told GF that they want to have other chip makers help them produce chips
AMD wants to ship the 10nm chip and go straight for a 7nm chip
Zen is coming out
Vega is coming out
Starship rumors are starting to come out
Playstation Neo Event today
Apple MacBook and IMac rumors
And maybe a Nintendo NX deal.
I feel that this dilution will affect this stock in a positive light. Still bullish. Going to 8...10..and so on!
today marks the lower Resistance line. i've lost a lot of money the past few days but I refuse to sell. I still see this push forward next week and recover most of the losses.
I'm trying to find extra cash so I can buy more at the moment.
I'm happy to say that I re-positioned myself for better gains. I sold half my profits friday and bought 200+ $9 january 20 2017 Calls and 200+ $8 April 21 2017 calls at a deal. I also now own 4,500 shares of AMD Long term stock.