AMD was downgraded by Deutsche Bank analyst Ben Lynch from Hold to Sell today. The way the analysts can manipulate the market in US never ceases to amaze me. And just for laughs, here’s the AMD chart and what happened on January 05:
That’s a lot of good calls from our fellow analysts. Piper Jaffray actually upgraded the stock 8 days after it was downgraded. Same analyst, two different ‘opinions’ in 10 days. Sigh…
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