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

[Teeqoz]

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