AMD doesn't make money in graphics. That should tell you how bad a company AMD is.
I recommend shorting it. With people like these pumping it, it's going down the toilet for sure.
nVidia has had Pascal silicon for weeks now. AMD? Still looking for its lost fabs.
There may be some shorts covering. If so, they're just buying shares I'm shorting.
I will never have to cover.
What does Ken Luskin/amdtripledigits/shooting_an_elephant have to do with AMD?
I have plenty of facts about AMD. Never lied once. Only 100+ million shorted means hundreds of millions more yet to short. Every one of them putting cold, hard cash into my pocket at a premium price.
I will never have to cover.
The only thing I'm anxious about is that my shot position isn't large enough.
You keep buying, I'll keep wearing out my crayons.
"SUNNYVALE, CA--(Marketwired - Oct 8, 2015) - AMD (NASDAQ: AMD) today announced that it will webcast its earnings conference call on Thursday, October 15, 2015 at 5:00 p.m. EDT / 2:00 p.m. PDT to discuss the results of its fiscal third quarter ended September 26, 2015."
One week, suckers. Buy while you can. I have a fresh batch of gum wrappers stacked up and ready to ship..
The question is, if it's so blatantly obvious that Ken is A3D, and he actually believes what he posts, why does he deny who he is?
The answer is, he doesn't believe what he posts, and doesn't want to be associated with himself, even when he cuts and pastes his own posts under both names.
They lost money this quarter, and then threw more away by laying off 500 people and taking a $42 million charge for it.
It would still be a huge loss and a cash bleed and a further degradation of AMD's ability to continue as a going concern.
See Barron's article with that headline. If you tried to trade that day (I know I did) and couldn't get filled because the book kept jumping your orders, this is why.
Condensed version: A while back the people who calculate the spot VIX changed the calculation to include weeklies instead of just monthlies, because they thought the weeklies had enough liquidity, but on Aug. 24 they were proved wrong when the weeklies' liquidity seized up and their prices went haywire and the VIX calculation lost its mind so they stopped posting the result, which made all the VIX derivatives clank.
Someone needs to be fired.
XIV doesn't trade based on supply and demand. It is arbitraged to a theoretical calculation based on supply and demand of disconnected derivatives of futures arbitraged against a theoretical calculation based on other futures. "Retest" has no meaning for it.
I don't pretend to be able to move the stock price.
I also don't pretend it's going to do something it's not.
AMD will not advance. It will die. I've been making money for a decade based on that fact, and that fact has not changed.
Proof positive that Ken Luskin is among the dumbest people on the planet. I hope he holds his long position until this stock goes negative.
Two made-up PR announcements for VR tech that isn't going to become a major player in the technology world is not worth touting as a significant quantity of "good news."
There's also the headline that goes as follows:
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) list today:
Advanced Micro Devices, Inc. ( AMD )
Analogic Corporation ( ALOG )
Applied Materials, Inc. (AMAT )
Bancorp Inc (TBBK)
Barracuda Networks Inc (CUDA)