Advanced Micro Devices Inc (AMD)

[avatar]

Thanks for your insightful response.

This reminds me so much of the 2000 AMD runup. Then, as now, institutions were accumulating. I remember their ownership reaching 96% of AMD's float. (Speaking of the float...whatever happend to the 25%, or so, shares that were not in the float?) I also rememeber just as the institutional buying raised AMD to the heights there selling pushed AMD into the cellar.

I think the indicator for AMD is the institutional ownership percentage. Unfortunately we do not get a snapshot of their positions until 45 days after the quarter ends. If IIRC their dumping was preceded by the shares shorted rising. Does anyone know how often the shorted shares are reported?

Also, with INTC reporting earnings first we'll see just how much AMD has move from Intel's shadow.