We don't know how much of the short is covered by $Xilinx(XLNX)$ arbitrage.
After the merger we'll know the residual short.
If the residual short is large then a ferocious short squeeze ensues and $AMD(AMD)$ AMD stock price spikes.
We don't know how much of the short is covered by $Xilinx(XLNX)$ arbitrage.
After the merger we'll know the residual short.
If the residual short is large then a ferocious short squeeze ensues and $AMD(AMD)$ AMD stock price spikes.
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