Advanced Micro Devices – Taken Hostage?
Professor Bierman here… Advanced Micro Devices… was taken hostage TODAY! Who by? Algos – that’s who! Those wretched little rascals who quietly run today’s stock market, like Al Capone ruled the streets of Chicago. This my friends… is what MONEY looks like in today’s machine-run markets. You had the potential to ride an absolute algo-created water slide… to a half-hour worth of windfalls. Here’s the blow-by-blow of what happened: A lot of people think AMD shares are under pressure because Nvidia has their number. Nvidia put on a stellar presentation at the GTC Conference that put the screws to AMD and their own attempt at chip domination. In their silicon-powered wisdom, the algos sniffed out the order flow. They saw there were heavy AMD sellers and precious few buyers. So once they’d sniffed out the flow like a rabid hound dog, they piled on to the sell side, because they didn’t see