amdman

Sharks Circling the Galleon Galleon

Looks like I blew it about Galleon not liquidating, and that likely explains why AMD is down.
I dont day trade, so this little move down is just noise to me.

Sharks Circling the Galleon Galleon

Galleon is guilty of insider trading, not losing money. The company will pay a fine and some execs will go to jail. There is no threat of any liquidation, and even if there was it would take years to go through the courts.
The alleged source of this rumor paul.kedrosk.com has removed the reference to AMD.
As I said this is just disinformation to scare AMD investors so some shorts can unwind their positions before AMD goes to $10.

Sharks Circling the Galleon Galleon

90% of the fund dollars listed are in AMD, a stock that was at $2 four months ago, and is now at $6.
That means Galleon has tripled its worth in just four months, how in the hell could a firm doing that fantastically good, have sharks trying to force a liquidation.
Disinformation, this whole article was probably cooked up by someone short AMD, that needs to cover, before AMD hits $10 on market share gains of AMDs ATI division.
Apple just announced its new iMacs line, largely powered by ATI, before it was all NVidea.

400%+ YTD Gainers: Diedrich Coffee Leads the Pack

Wow, a all but bankrupt company like RAD bounces back from 22 cents to $2, thats a nice dead cat bounce.
Both Walgreens and CVS would like to have or shut down RADs stores, but even at 22 cents it did not make sense to buy this loser, because then you would be stuck with the unsustainable debt load RAD has.