positivedoppler
Golden Member
- Apr 30, 2012
- 1,148
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I am a hardware enthusiast for the record.
That said, being aware of the fact that there are people sitting on $100MM of paper losses over the last month in AMD's stock that are not in a good situation to exit that position given the lack of daily liquidity might help one understand the likelihood of negative rumors appearing. I don't know for certain that that's where it's coming from, but given I have a little bit of a background in stocks I know it's something that occurs often.
If spending $20-30k to move the stock with some bad news helps you exit a few percentage points better and no one is the wiser, people will definitely do it, particularly short sellers.
I'm agreeing with your point previously. The 100's of millions of shares short, just too much financial interest in this company on Wall Street. Makes me wonder about the motives behind a few clever posters here.