Thursday, June 10, 2004 11:01:25 AM
Good point, but there are shorting costs, so probably not infinite. For the most part the CVB shorters aren't interested in the volatility of a stock like AMD. The reason they short is to cover to the down side. However, getting your money back so that you can place it elsewhere while still being able to clip you coupons does have a certain appeal.
A person that used to post on the RB board got some of the CVB's, I wish I had. Talk about getting your cake and eating it too. I doubt that I would have shorted the stock however.
AMD is in transition now with much of the market either in denial or still associating with the "old AMD". When the attitude switch occurs it will be fast and furious. A third quarter of increased earnings to the $.20 range should be the 2X4 needed to knock some sense into the market.
A person that used to post on the RB board got some of the CVB's, I wish I had. Talk about getting your cake and eating it too. I doubt that I would have shorted the stock however.
AMD is in transition now with much of the market either in denial or still associating with the "old AMD". When the attitude switch occurs it will be fast and furious. A third quarter of increased earnings to the $.20 range should be the 2X4 needed to knock some sense into the market.
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