Advanced Micro Devices Inc (AMD)

[bobs10]

Interesting cat and mouse game going on.

To me it looks like 2 big boys are slugging it out. One of them is desperate to keep AMD below $20, while the other is more opportunistic. The buyer keeps tweaking the price into the $20 range provoking the seller into a spasmodic reply to which the buyer responds by temporarily stopping the buying and thus letting the price drop back below $20. It's hard to say who has the most money/shares, but the buyer clearly wants AMD shares below $20 and is taking advantage of the seller’s seemingly desperate need to keep the stock below $20. We'll have to see who runs out of money/shares first.