AMD Short-Sellers Pwned, Lose $177.5 Million in a Day, $2.67 Billion Over the Year

[btarunr]

Not long ago, droves of cybersecurity research-backed short-sellers wrote obituaries of AMD after buying themselves shorting positions against the AMD stock on the backs of "Spectre-rivaling" security vulnerabilities comically named "Ryzenfall," et al. With AMD stock closing at 12-year highs of above $25.26 on Monday, those short-sellers (who now have to cough up interest on their shorting positions), bled $177.5 million in a single day. On Monday's peak stock price, short-sellers were a staggering $370 million down in the gutters. AMD's gains throughout 2018 impoverished short-sellers by over $2.67 billion.



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[trparky]

 

[MrGenius]

Ouch! That's gotta hurt! L M F A O!!!

 

[Caring1]

I wonder how much of that "cyber security research" was paid for by Intel, rumours can cause stock prices to plummet.

 

[Foobario]

I wonder how much of that "cyber security research" was paid for by Intel, rumours can cause stock prices to plummet.

Most likely, all of it. Lol

 

[Aquinus]

Womp womp.

 

[eidairaman1]

Trying to be Fear Mongerers get Justice served to them Ice Cold

 

[TheLaughingMan]

$#&^ I should have kept my AMD stock instead of selling it all last year.

 

[Mussels]

$#&^ I should have kept my AMD stock instead of selling it all last year.

contact w1zzard if you need to change your name to TheSaltyMan

 

[eidairaman1]

contact w1zzard if you need to change your name to TheSaltyMan

TheCryingMan

 

[Mussels]

got his new avatar ready and everything

 

[trparky]

Man, I wish I had bought some AMD stock back then. I could have easily doubled my money.

 

[Prima.Vera]

nVidia stocks are bigger than apple's ?? Really ??
But those stocks looks like peanuts compared to the ones from Amazon. Almost 2000USD

 

[Steevo]

I sold my stock at close to 13 and made money, wish I would have left it, but it financed some.... a lot of fun and some current endeavors.

 

[Flyordie]

1,000 shares at $7.08. 250 Shares @ $1.82... I'm doing ok. lol.

 

[R0H1T]

nVidia stocks are bigger than apple's ?? Really ??
But those stocks looks like peanuts compared to the ones from Amazon. Almost 2000USD

Apples to oranges, would you rather have a tenth of Koenigsegg (Berkshire Hathaway?) car or all of Tesla (Alphabet?)

1,000 shares at $7.08. 250 Shares @ $1.82... I'm doing ok. lol.

I'd say you're doing a lot more than OK

 

[Vya Domus]

Hilarious.

 

[bonehead123]

well shucks, then I guess my 3k shares are like totally worthless now.....

hahaha, nOt.... considering I only paid a little over $1 for them, me thinks me will keep 'em around fo a rainy day

 

[medi01]

Man, I wish I had bought some AMD stock back then. I could have easily doubled my money.

Real "back then" it was below $2. So, you could have multiplied your fortune by more than 10.

 

[$ReaPeR$]

well shiiiiiiet..

 

[FordGT90Concept]

The GloFo announcement could trigger a sell off at AMD. Any company that relies on process tech advancement is quickly becoming a risky investment.

Edit: AMD already announced they're moving 7nm orders to TSMC so, no, no sell off at AMD...yet.

 

[john_]

"AMD Short-Sellers Pwned, Lose $177.5 Million in a Day, $2.67 Billion Over the Year"


I guess some people might have to cancel their RTX 2080 Ti pre order.

 

[Dbiggs9]

AMD Target is $50 late 2019.
I Said 20-30 in 2018.



Feb 27, 2017
#65



I'm still buying. Google data centers! Chinese data centers! IoT. 20-30 is a real target in the next year.

 

[windwhirl]

When I read "AMD short-sellers Pwned...", I had to resist the urge to laugh diabolically...

 

[Aquinus]

Man, I wish I had bought some AMD stock back then. I could have easily doubled my money.

If you invested when it was between 1.50 and 2.00, you would have made bank by now and it would have been a heck of a lot more than double. 2.00 to 25.00 is an increase by a factor of 12.5. Before taxes and fees, that means 4k USD would have become 50k USD so, just let that sink in a bit.