Every situation is different and we need money to buy groceries.
But all-or-nothing is usually not a great strategy. If Intel gets broken up, it will likely come up to $25 or $30 which is a 25-30% upside which is much more likely than AMD or NVDA coming up 25-30%. So holding on to some would have made more sense.
But then, no one knows!!!
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@1eqt
It's sometimes pretty dark just before the last breath too. If Intel has any bright days ahead, it's gonna be quite some time before we see it. And a few 5% or even 10% bounces ain't it. If you don't sell your INTC and put the cash somewhere better, you're leaving a lot of cash on the table.
I sold mine at 40s when people told me to buy at $30. Be happy when you can still sell above 20s or regret later not able to sell anymore.
Remember, it is always darkest just before it gets darker.
Glad you finally wised up, many still have delusions of INTC grandeur. Here's some NFA advice: (for those who haven't sold yet, sell now then continue reading).
- If you're a play-it-safe investor, put the cash in an index fund like VOO or QQQ. You'll recoup the loss years before INTC will.
- If you wanna speed up the process and are risk & volatility tolerant, put it in MSTR and/or IBIT through 2025.
- For a little less risk/vol., split it between the Mag 7.
- For a mix of risk & play-it-safe, split your money between all the above, maybe sprinkle in a little ETH or ETH ETF.
If you take this NFA advice, in a year from now when you're on your knees thanking the anonymous Layoff poster... you're welcome.
NFA, this post is for entertainment purpose only. Side effects from holding INTC may include but not limited to, panic, hyperventilation, temporary blindness (metaphorically) and inability to think or use common sense,
You can make more money elsewhere dont bet your financial future, sell INTC at a loss take the tax right off and invest in something that will allow you to reach your goals INTC is not it.
@1kbh
About how long should INTC holders wait through the darkness? I ask because the stock price is back to where it was in 1997. That's 27 years, btw...
It’s always darkest before the dawn
Since everyone is so pessimistic the stock will probably pump hard to the upside
Still holding on to mine though I have no clear reason for it. I guess after you take so much beating, you sort of get numb to it...
INTC @ $20
Party like it’s 1999.
Or 1997 … or was it 96?
A quarter century of absolutely DEAD Money.
Great job ELT and BOD!
ummmm you're late doing that and lost a ton of cash.
It’s a bummer OP, but good you are moving on from INTC. Just transfer over to a low index fund like VOO and watch it grow steady over longs periods of time.. you’ll overcome whatever capital loss you took.
Put it all on MSTR and wait a year to recapture all your INTC losses. Skeptical? Get a sticky note and write down today's MSTR price then look at it again in a year & cry. Wanna play a bit safer but still get most of your losses back? Put it all on IBIT. Again, sticky note it.
I'm holding onto mine. Why? Because of how it played out with Motorola when the company was split, then bought & sold several times over. Now that stock is worth ~$477/share.
I try to resist holding anything that is trending down, and use the ability to hold above the 8 day moving average for 2 days as a judge of when the downtrend has stopped.
Generally anything below the 50 day moving average is bearish, and notice how the price slid once it broke below the 50dma last week.
I'm watching this on all stocks that I am interested in, but added to that is the risk of stupid from the Intel board (because there is no explaining stupid).
I'd agree that the company will try to avoid any bad news, to prevent what I've previously described as a price low enough to attract activists or a PE takeover, but the market can move sharply downward at any time from the current extreme positioning, and the sector has been weaker than the market since about August (it is not just intel).
So I watch for a retest of the prior lows, but also for the sector and the market, and also for rallies to the 8dma that fail to cross it, which sets up the next lower low.
With Pat out, value destruction may have actually stopped. The current stock price is still about 50% above true book value, but an eventual buyout (whole or pieces) in the $25-30 range should be realistic.
Re $100. Thats pretty heartless. You're a di-k
Thanks OP, bottom confirmed, intc $100 here we come!
I’m holding , god knows why - blind optimism
Down 58% for the year.
Impressive destruction of shareholder value.