AMD Long Squeeze

StockJockey's avatar
by StockJockey
Thursday, November 29, 2007 - 9:15 am



Originally Published in Charting the Markets November 29, 2007 9:15 PM

An story about a hedge fund accumulating the stock of Advanced Micro Devices (AMD-NYSE) in the New York Post two weeks ago smelled funny to us, and moving a stock via the media never seems to work. The shares have been crushed since it was published, maybe somebody merely wanted some liquidity to short in to. People can read through the bullshit, and the Post article was full of it.

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