People are going long on this, you will only see higher lows and higher highs. Puts will expire worthless and infinite losses on short positions - ironically the price moves up because of the bearish position.
Kevin Tagle
Posts (321)
Little diarrhea squirt short squeeze PM pop?
$45 to $50
A lot of puts will expire worthless, but holding on to a short... infinite losses when this breaks $27.
$45 to $50
If this gets past $20, I’m getting a hooker!!
Soon this will go the way of Sears JC penny radio shack and GE. To big to move, too big to innovate, to big to breath. Fat and lazy, they are the face of the new America.
Truth is their books are all cooked and they are making up numbers and can’t even make 10 nm chip, there was no delay, it’s that they don’t have the know how to make it and will just ask TSM to hook them up like they did for AMD.
It’s like GE and F, the management is stuck in the 90’s thinking that they are the best, grown so big and fat that no one knows how is in charge. They just sit at their desk and eat donuts and coffee. Loss that competitive edge and looks the other way while AMD smacks them hard in the face.