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Advanced Micro Devices, Inc. Message Board

  • amdace amdace Jul 25, 2007 10:29 AM Flag

    ORGANIZED CRIME. GLAD I'M OUT.

     

    Just like Q1. Another shocking (even larger Amd loss) has so far, produced essentially no price change (pennies). Every instinct screams at you that this aint right. It aint normal. Losses are openly projected through all of 2007 and 2008. Cash burns are fully known to run out of money even with more asset sales (and accompanying debt reductions). Amd simply cannot afford a new fab or even 45nm shrink retooling.

    And yet, Amd's stock is essentially unchanged. It took months for Amd to drop $5 after a $500MM loss in Q1.

    I lucked out shorting Amd. It was pure luck and I'm greatful for a few percent gain. But Amd stock makes absolutely no sense unless one factors in gross criminal manipulation - possible only if institutions hold almost all the stock. Oops. They DO hold most of the stock. Pardon me.

    The thing that amazes me so much is how they can slip out the back door dumping 100 mln shares with barely a ripple in the stock price.

    I'm out and glad to be out. Logic does not apply here. Normally when a potential savior product (like Barcelona) is so grossly delayed, stock tank. Normally when mgt admits there's still big unsolved technical problems, stocks tank. Normally, when the competition (intel) demonstrates an armada of devastating new products to inflict still more pain, stocks tank. Normally, when qtrly losses increase significantly, stocks tank. And so they should in a reasonable world. Only corruption can explain what's happening. The above FACTS are not speculations.

    It IS INDEED wild speculation to assume Amd can recover from all this.

    Ace

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