AMD earnings report came after market closes dated 17apr 2014. Within expectations that its still restructuring its business, thus there's a nett loss of 20 mil, but overall progress is still ontrack.
Expecting AMD is trade between 3.60 to 4.15(1st resistance) /4.35(2nd resistance).
My previous position is holding 14lots of AMD shares at $4 per share. Target to sell at $4 by 17th Apr, since AMD closing price was $3.69 by end of that day, my trade expired & I'm still holding the stock.
New position yesterday, again to target to sell AMD at price $4 per share by 17th May closing. Received $331.98 cashflow from the position. I expect to see the next earnings report on 14th-18th Jul not as good as the last one.
*Refer to disclaimer
CashFlow Investing is based on the Concept by Mr Robert Kiyosaki, where the Strategies/Mindset of Investing formulated Primarily for Cashflow collection, Secondarily for Capital Gains.
I see it as a business model similar to "Insurance", "Vehicle Rental", "Property Rental". Where you manage/own assets which generates Cashflow Income on a consistent, shorter term, manageable, predictable & acceptable basis.
It is not a Get-Rich Quick, One-Time jackpot kind of strategies where you can retire quickly, but a consistent system which I use personally which will & can replace your working Income over time, leading to Retirement.
Caution - Formulated Systematically to lead to Retirement in 8 years.