4 ms·
I have no idea but I'm already short.
by AlexAmee 9y ago
I have no idea but I'm already short.
- quickthrower2 9y agoIsn't that just gambling, then?
- AlexAmee 9y agoI could not find any indicators in their quarterly report. I didn't believe that someone would buy AMD. I did not just short sell it instantly but I waited for news, once I realised that I was right, I shorted them and also made profit. I believe in the company and I think that this stock will be much more worth in a few years but those absurd gains were just panic buyers and once they realised that they were wrong they started panic selling. Great week for me
- quickthrower2 9y agoSo "I have no idea" wasn't quite accurate - you did have an idea. Your analysis showed the spike was panic buyers, and there was no indication of a reason for the spike.