Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Yougang Xiao who wrote (81819)	12/2/1999 10:13:00 PM
From: Charles R	Read Replies (1) of 1573084

Yougang, <It'll be a down day for AMD tomorrow: look at the bottow of this page as of now AMD price is 30/1/2. Someone traded 300 shares to spike AMD all the way from 29 1/4 to 30/21. If the small number of share traded after hour took stock price up, stock price most likely will be down next day. The clown is trying to scare weaker hands out by creating an artificial large percentage downward stock price.> This is getting to be very interesting. I don't have a feel if the after-hour trades have any ulterior motive but they definitely do have undue impact on perceptions. I remember reading in theStreet.com a while back that some folks pop up the prices after hours to create momentum when none exists (because most people do not see what caused the pop but only see the pop and want to get into the momentum game). Your theory is diametrically opposite. I wonder if anyone else have any other takes on the impact of this activity on the next day. I haven't made any sense of this yet other than to notice the same thing that you did. i.e., lower open the following day. Chuck

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