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AMD (AMD +10.7%) is ripping higher again today; shares are now up 30% since the hard-luck...

AMD (AMD +10.7%) is ripping higher again today; shares are now up 30% since the hard-luck chipmaker announced it would sell and lease back its Austin campus for $150M-$200M. 27.9% of the float was shorted as of Nov. 15 - are diminishing insolvency fears fueling a short-covering rally?
Comments (4)
  • Could be a short-covering rally.

     

    How much percentage of the float is still shorted now?
    3 Dec 2012, 02:18 PM Reply Like
  • Go long and double your money by March 2013.
    3 Dec 2012, 04:37 PM Reply Like
  • Glad i added a small but at 1.86
    4 Dec 2012, 09:27 AM Reply Like
  • But it seemed that the rally is short-lived
    5 Dec 2012, 01:23 PM Reply Like
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