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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Epinephrine who wrote (105284)4/13/2000 9:19:00 PM
From: 5dave22  Read Replies (1) | Respond to of 1573249
 
Ep - I understand it can mess with personal targets and valuations, but I disagree. Most of the time AMD has moved dramatically either way AHs, it opens around that level. The reason a stock doesn't move dramatically during the day is because you have people buying and selling frantically (in relation to AH). When people buy or sell in AH, there is a reason - a very strong one - one way or another. That's why it moves quickly and seemingly irrationally, because most of the people are doing the same thing.

Yesterday after the CC, you could see AMD inch up 25 cents every time you hit "refresh quotes" (I know, I did). They all counted, they were just all one directional.

I don't really understand how you feel yesterdays price swings screw up historical analysis either. SOX got creamed late, then there was good news and AMD increased AH. It might have been the same result had AMD released during NY trading hours.

But if the close of AH one day usually is close to the open the next day, how can you call it bogus?

Dave