http://investorplace.com/2017/03/advanced-micro-devices-inc-amd-stock-drop/2/ This is the worst article I've ever read, ROFL. "...there just isn’t enough visibility to get excited about AMD stock’s prospects, or to reasonably conclude profits are going to take off any time soon."
I know there's many investors writing articles on that site, I just find it funny that I get spammed with messages saying I should buy and sell AMD at the same time from the same place.
AMD Vega with 64 Compute Units spotted https://videocardz.com/67242/amd-vega-with-64-compute-units-spotted
Keeps going up AH: It appears that AMD is joining S&P 500. I will provide the link once it becomes available.
Urban Outfitters, First Solar, Frontier Communications booted from S&P 500 The companies will be replaced on the S&P 500 by Advanced Micro Devices Inc. AMD, Raymond James Financial Inc. RJF, and Alexandria Real Estate Equities Inc. ARE, S&P said. http://www.marketwatch.com/story/ur...-communications-booted-from-sp-500-2017-03-10
It looks like in the after hours trading it's up to 14.60! What do you think it'll do Monday morning?
It appears that there are more than 100 million shorts out there (even with 3 millions covered AH yesterday), hoping to see a massive short squeeze Monday morning. If markets open green in the morning we should see $15+ On Monday. Monday would be very interesting and looking forward to it! http://shortsqueeze.com/shortinterest/stock/AMD.htm
13.90 was the close of March 2nd and the top of the high-volume gap down of March 3rd. Rather than fight that resistance, they gapped it over 13.90 this morning. Have to wonder what the motive was for that.
Could just be a short squeeze on one of the highest shorted stocks in the market. Trying to get pushed back up to $15 again.