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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

Dec 18 4:00 PM EST

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To: Donald Wennerstrom who wrote (59921)	5/19/2013 8:16:05 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (1) of 95610

Continuing on with a little "add on" from the last post, let's look at what has been happening to AMD. The stocks has gone from a closing of 1.86 last November to Friday's close of 4.07(119%). The last 4 weeks has seen a rise from 2.47 to 4.07(65%). Apparently, that was too much for Goldman who put out a sell notice on AMD with a new target price. The news was released Wednesday night which caused the 12.6 percent drop on Thursday, but AMD is in such an uptrend, the price recovered 6.3 on Friday to finish the week with a 3 percent gain.

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