Advanced Micro Devices Inc (AMD)

[bobs10]

AMD price rise.

Well this latest shoot the moon phase seems to be going the way the last one in Dec of 84 went. Again, the big boys are having their way with a low float AMD. It hasn't taken many shares to move AMD so far and it's not at all apparent just what these guys objectives are. Whatever the case just, keep an open mind. Remember, these guys aren't moving the price so that you can make money, but so that they can make money. More than likely they are again moving the stock up to later short it, but who knows?

One thing you can count on is that they have much better information than we have. Another thing is that any weakness in INTC's reporting today will be undoubtedly viewed as AMD strength by some. Personally I think earnings of between $.15 and $.18 are already priced into the stock and anything less will disappoint.

Dispite all the good AMD news lately the stock can get ahead of itself. More than likely the guys running the show now probably plan on carrying the price above the old $25 high, but how much higer?