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by AlexAmee 3030 days ago
I 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

1 comments

So "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.