Kash RE:"In addition AMD has a huge institutional ownership - around 80% IIRC."
Will be interesting to see what they do tomorrow and next week.
Specially those Big Boy:
Janus Capital Corporation 23,775,165 $652,152,776 Not a big INTC shareholder Barclays Bank Plc 19,421,086 $532,720,389 biggest INTC share holder $6.1B Capital Research and Management Company 15,580,600 $427,375,858 Brinson Partners, Inc. 9,669,240 $265,227,253 FMR Corporation (Fidelity Management & Research Corp) ................... 8,306,054 $227,835,061 As big INTC shareholder as Barclays $6.1B Mellon Bank, N.A. 6,625,200 $181,729,236 6th biggest INTC shareholder $2.7B
An other source of consternation would be AMD short position. From Mai to Jun the short position reduced by 13 millions shares.
It could go to mid teen sooner than you say.
I will be buyer in mid teen..... or PUT writer at least.
Gottfried |