Advanced Micro Devices Inc (AMD)

[bobs10]

Personally I liked having a high short interest, but it looks like the old short attraction is fading. These short guys took quite a beating in the run up, and probably are less than enthused about the idea of having it happen again. Still AMD remains very volatile as evidenced by yesterday’s movement. Looking back on yesterday it seemed like a herd of cattle stampeded by lightning. Anyway we got rid of a lot of nervous nellies yesterday which should help as we base for the next move up. To me it seems like risks and opportunities are fairly balanced where we are now.