You have to think where will AMD $Advanced Micro Devices (AM...

You have to think where will AMD $Advanced Micro Devices(AMD.US)$ be attractive to hedge funds to buy again. They are the ones selling it right now. Their offshore money needs to churn, so they will drive the stock as low as they can, before buying it again. AMD dropped to 133 in December then turned around. They may try for 120 this time they won't reach there as some funds will start buying before.