Huge increase at market close as short positions cover
The smart short positions covered this morning. It'll be too late by Thursday. There could be a mad dash to cover before market close today, increasing the share price immensely. Hold strong long positions!
It seems that the only one who is wrong about AMD is you sir. I'll answer your question and the answer is yes. If you have a weak long position you should sell it; however, No matter the share price at this time AMD is not a weak long position. AMD has numerous contracts and prospects. There are 96 million shares that must be bought in the near future( thanks to greedy short sellers). That is an iron clad fact. 96,000,000 million shares must be bought on a stock whose daily average is 30,000,000. Its simple math, This stock is going up. It is not a weak long position, it is a very strong long position. OK, now that I've answered your question, answer mine. How many times have you been right about AMD's stock price? Really, when have you ever been right about this particular stocks future? I'd like to hear of one specific time. I've been right about it since $2.50. AMD is going up.