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Advanced Micro Devices, Inc. Message Board

  • xpol_2000 xpol_2000 Dec 17, 2008 11:07 AM Flag

    How do the shorts want to cover the 90 mil shares if nobody is selling?


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    • Hey dikwad, there has been a perpetual 90-100M shares shorted on this pig for the past 2+ years...some cover, others gladly take their place.

      And guess what..this has not stopped AMD's freefall from the 20's to the 2's.

      In fact, if I was currently considering a position in AMD, I would take this fact: a $2 share price coupled with a high short percentage of outstanding, as a BIG red flag that there is something broken with this company.

      And when the short interest is 5x the avg trading volume, yet another great indicator that the gig is up at AMD.

      In fact, the shares short has actually increased 10M shares month over month...again and again, yet ANOTHER red flag for you!

      And guess what? These shorts have been RIGHT for 2+ years...that must really chap your hide, huh?

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