I can't believe one stupid company (goldman sachs) can influence the stock shares so much merly using heresay! - Given these crooks are a root cause of things like the banking collapses I think they should be reprimanded somehow - grrrrr
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AMD's share value up 90% in 4 weeks
- Thread starter humbug
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It looks like Goldman Sachs has started manipulating AMD stock,as it seems they don't want it to get higher:
http://allthingsd.com/20130516/amd-shares-crash-on-goldman-sachs-downgrade/
Goldman Sachs do something like this every time AMD's stock starts going up in value, if they are not writing articles denouncing the stock and the company while also ignoring AMD's Business road map (as if they don't know what it is) they keep down grading them while giving reasons in ignorance of that road map.
About 6 months ago the wrote a nonsense article that was full of unfounded baseless blanket statements, as is always the way with people like that, so i responded to it with hard facts and evidence. utterly cut them to ribbons, i gained countless likes and 37 followers for that article alone, and it felt great
Many have a feeling that they are very far from an independent rating agency, not just AMD, they do this to a lot of companies.
It was Goldman Sachs who predicted AMD would be in administration by about now, AMD have paid down the vast majority of their debts, they have spent the last few years paying big chunks of it off which is why they have resulted in the red since, they are now getting back into a position of being profitable, probably not in Q2, possibly in Q3. I don't have the exact figures but i know AMD's assets now outweigh their debts, AMD's last quarter results has put egg on Goldman Sachs face and it seems they are not happy about having been proven wrong.
They are, and will only continue to damage themselves as a reputable rating agency, a lot of people a raising eye brows at Goldman Sachs move here.
Last edited:
Caporegime
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The stock market has been manipulated by the rich for as long as its been around, a few guys leak a rumour that Intel might buy AMD and place some articles about how its possible because with ARM eating up market share and with tablets and phones PC's aren't the only computers anymore and so Intel wouldn't be a monopoly, so buying AMD isn't out of the question. Stock doubles, Goldman clearly sell all investments, then tank the gains so they don't look bad to their customers if AMD went up to $8 and they sold at $4.
It looks like Goldman Sachs has started manipulating AMD stock,as it seems they don't want it to get higher:
http://allthingsd.com/20130516/amd-shares-crash-on-goldman-sachs-downgrade/
I wouldn't worry too much, news flux.
The market will decide the price.
Man of Honour
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Nothing surprising there given the almost guaranteed profits they are about to come by with next gen consoles. Traders have got wind of this.
The reality of capitalism...
There are also those with large amount of money tied up in rival companies like Intel / Nvidia who want nothing more than to see AMD fold, nothing personal, its just that 'should it happen' it would see Intel and Nvidia with total dominance, which would give their share price a much needed boost.
its a surreal thing but you get tech brand loyalties in the stock markets just as much as you do on forums like this.
Anyway, i did see that 'Intel Buy AMD' rumour, AMD's stock went up about $0.40, but that rumour was quickly slapped down. That was so obviously someone with AMD shares looking to make a quick buck
Thought, yes i would agree that Intel buying AMD is a real possibility, yet i'm extremely doubtful such a thing would ever happen.
Intel just don't feel they need AMD nor do they see AMD as a threat, and i very very much doubt AMD would sell.
For equities I just use HL because I don't place many trades, for currencies and commodities (high liquidity/fast execution) I use a prime broker platform. But to access that kind of liquidity you need a sizeable deposit.
For anyone interested....
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Advanced Micro Devices' CEO Hosts 2013 Annual Meeting of Stockholders Conference (Transcript)
Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as an important resource for bloggers and journalists, and are excited to contribute to the democratization of financial information on the Internet. (Until now investors have had to pay thousands of dollars in subscription fees for transcripts.) So our reproduction policy is as follows: You may quote up to 400 words of any transcript on the condition that you attribute the transcript to Seeking Alpha and either link to the original transcript or to www.SeekingAlpha.com. All other use is prohibited.