Three Days they shorted this stock over 38 millions
In my opinion only, Friday, Monday and Tuesday this stock has been shorted over 38 million shares. Every time it is about to break through resistance they short this stock. We all know resistance is four dollars They shorted this Monday over 12 million shares and they shorted this today over 9 million shares. They shorted over 38 million shares in just 3 days. My guess is this has been shorted close to 200 million shares. In the last three weeks they have been shorting this stock every day in between 30 and 50% when the stock was trading about 370. They can not keep shorting it. They have to cover sooner or later. They are digging themselves in a deeper hole. They are digging their own graves. What is going to happen when we get news and updates on the new 64 bit ARM servers. This stock could possibly make history. History could repeat itself like Jetta.
its really crazy whats going on right now. AMD has no competition at this moment in time. Their momentum will only build on all fronts from PC to Gaming to Servers ......there is a serious effort to keep the stock down, but not too long. Like I said if there is a buyout it will happen very soon before Q1
I'm trying to understand the reason why this is happening. This stock should have gone down with that much shorting yet it has not! There is a huge effort to keep this stock down. Shorts must know they are seriously playing with fire here, yet they take this risk. I'm not sure but there is a bigger picture here, A buyout is the only thing I can think of. Shorts can't be that stupid.