Pure manipulation....2 weeks back after posting strong results he downgraded the stock from 130 to 98 and now reversed the course..Nothing changed in 2 weeks....they might have acquired huge position by downgrading and now want to book profit with an upgrade. Need to be very careful with these sell side analysts.
This should bode well for AMD. Data center business where major margins lie is being captured by AMD and Intel don't want to admit it. As the quarters pass by, it will become very certain and they can't avoid talking about competition anymore.
Intel (INTC) Stock Dips as Outlook Misses Estimates, Analysts Remain Cautious
Shares of Intel (NASDAQ: INTC) are down more than 3% in premarket trading Friday after the chipmaker
This is great buying opportunity for long term patient investors. Just keep buying very month with small amounts to capture all these swings. In the long run it will pay good returns. We should not time this kind of uncertain market conditions. Go long AMD [Miser]
How Many Times Can We Buy AMD Stock At $100?
Advanced Micro Devices is pulling back, putting the key $100 in play. Will it hold?The semiconductor
Wall St Closes Higher after Biden-XI Talks End, Oil Steadies
No. But is it happier that it's around $100 than going up $20 every day?Of course."Investors were also monitoring for any impact from Friday's "triple witching," in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.The Dow Jones Industr