I took a very quick look at their recent
balance sheet (which is considerably more than I'm competent to do ...
). It shows slightly negative shareholder equity, and taking out goodwill and intangibles about
-1 U$ / share on a $3.5 stock. Forward
earnings estimates (for what they're worth) are negative. Overall, not particularly reassuring to me, but (a) the future is unknown and (b) WTFDIK
.
ADDED: Disclosure: I don't have any direct position (long or short) in AMD.