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Politics : Formerly About Advanced Micro Devices

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To: Duncan Baird who wrote ()1/29/1997 12:42:00 AM
From: James Yu   of 1572291
 
To Greg,
I think the shorters are going to be nervous, if the price continues to go up a couple of dollars. We need to watck the volume and the price for a couple of days. It doesn't prove anything from today's volume and price movement. I don't understand why some people like to short AMD. Even he shorted from $34 or $35, how much money each share he can make? If he is lucky, he can make a couple of dollars. The basic rule is "Never short trend". There are two conditions to short the stock.
A. after a significant turn in the market.
B. after AMD stock experiences bad news.
So far, I don't see the two conditions exist. I don't get.
Here I got current short positions.

current month: 4.58 million shares
previous month: 4.68 million shares

Oh, well, different people, different thinking.

Best wishes

James
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