The markets have been brutal of late and the AMD run has been stalled. Today the Semi's are taking a hit as well as NVDA. Need greener pastures to open up the reins.
There is no bad news that I can find as the drop is market related on high short interest.Buying op presents itself...IMO Zotac launches mini gaming PC with AMD Polaris graphics https://liliputing.com/2016/11/zotac-launches-mini-gaming-pc-amd-polaris-graphics.html
With seeing the insider trading I set a stop to lock in some profits this morning but it appears it is business as usual. Now Shipping: AMD Radeon Pro WX Series http://www.anandtech.com/show/10821/now-shipping-amd-radeon-pro-wx-series AMD x86 Zen: Benchmark test shows equal performance to A10-Core Intel Xeon E5 chip http://www.hngn.com/articles/215636...ark-test-shows-equal-performance-a10-core.htm
Looks like I was wrong, they are not smarter than us. They dumped 1/4th-1/3rd of their positions in the $6.6x's
Yep, Most insiders really do not know much about the short term moves in the stock, they just have a ton of options they can sell at any time for profit, as they should!
Raja Koduri that I consider one of the sharpest knifes in the AMD drawer has never sold a share that I can see. He is the Senior Vice President and Chief Architect and was recruited from Apple Speaking of Apple
Might close my position in AMD today ahead of the election and hope it goes down for a re-entry at a better price in the near future
Nice swing from 3 % down to green. That's what high short interest will do with the swings of the market.