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Forums - PC Discussion - AMD's share price rises 52% in 24 hours, the sharpest increase in the company's history

Vasto on 25 April 2016

It's been quite a week for computing giant and perpetual NVIDIA adversary AMD. After releasing their Q1 2016 quarterly report the company's share value skyrocketed by over 50% over the course of a single day's trading.  

http://www.pcgamesn.com/amds-share-price-rises-52-in-24-hours-the-sharpest-increase-in-the-companys-history

 



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Scisca on 25 April 2016

I think it's the result of this video being released: https://www.youtube.com/watch?v=aSYBO1BrB1I

I recommed watching it. AMD is balling, it will kill nVidia and challenge Intel.



Wii U is a GCN 2 - I called it months before the release!

My Vita to-buy list: The Walking Dead, Persona 4 Golden, Need for Speed: Most Wanted, TearAway, Ys: Memories of Celceta, Muramasa: The Demon Blade, History: Legends of War, FIFA 13, Final Fantasy HD X, X-2, Worms Revolution Extreme, The Amazing Spiderman, Batman: Arkham Origins Blackgate - too many no-gaemz :/

My consoles: PS2 Slim, PS3 Slim 320 GB, PSV 32 GB, Wii, DSi.

Vasto on 25 April 2016

It is good to see AMD coming back. At one point it was looking really bad for the Red Team.



fatslob-:O on 25 April 2016

A little early to hype up the red team ...

Their stocks dropped by 13% in the after hours ...



Teeqoz on 25 April 2016
fatslob-:O said:
A little early to hype up the red team ...

Their stocks dropped by 13% in the after hours ...

Expected after such an increase though...



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fatslob-:O on 25 April 2016
Teeqoz said:

Expected after such an increase though...

Why was it expected again ? I can't exactly remember the reason ...



Teeqoz on 25 April 2016
fatslob-:O said:
Teeqoz said:

Expected after such an increase though...

Why was it expected again ? I can't exactly remember the reason ...

Because people sell off shares to take profit after such a massive increase? Par for the course for any stock where a similar thing happens.



ZhugeEX on 25 April 2016

Teeqoz knows what's up.



fatslob-:O on 25 April 2016
Teeqoz said:

Because people sell off shares to take profit after such a massive increase? Par for the course for any stock where a similar thing happens.

So they were short selling ?



Teeqoz on 25 April 2016
fatslob-:O said:
Teeqoz said:

Because people sell off shares to take profit after such a massive increase? Par for the course for any stock where a similar thing happens.

So they were short selling ?

Short selling (or shorting) is a rather different thing from profit taking.

 

Profit taking is usually a short term, whilst shorting generally means you are overall bearish on a stock's future in general. Google it