where is the bottom. Does everyone still have lots of intel stock?
22 replies (most recent on top)
@1urm
You're right of course. The down votes are coming from mooks who still believe MSNBC.
There are 2 types of people who still have a lot of Intel stock:
- 1) People who are very wealthy and the declining price doesn't affect them. With these people, if the price went to 0 they would still enjoy a lavish lifestyle while not worrying about money. They still hold INTC for various reasons, few of which are to make money at this point.
- 2) People who aren't very smart about their finances. These people have crazy car, credit card & other consumer debt and are constantly stressed about money. The aging ones are starting to worry about retirement. Intel employee bag holders feel bound by loyalty and/or emotions and are confident or hopeful of a rebound.
For the 2nd group of people, do you believe INTC will gain 20% per year for the next few years? Because there are plenty of other companies that most likely will. Even the S&P is likely to see a 20% gain in 2025 (VOO). NASDAQ (QQQ) probably more. Given no Black Swans come to the rally.
It’s a wrap folks
It should stop at the point of selloff. That is about where it is now. If Intel sold eveything today, it would just about break even. It doesn't make sense that the stock would go lower. I'm not saying it won't, but it shouldn't.
bottomless pit ?
The exact bottom depends on what the company does, as usual.
If the Board muddles along, thinking they solved the problem by pushing Pat out, then the stock should go low enough for an activist and/or PE firm to do a takeover, replace the board and start unlocking value by breaking up the company.
I think the $7 to $12 should do the trick, but getting there without new, negative intel news would require the semiconductor sector to retest. I think it has slowly been doing that since the summer highs, but this is not a market that allows much price discovery.
If the company manages to show 18A progress and/or additional customer wins, then that settles down the unknowns about how that side of the business is going.
Not sure anything any Product group does is meaningful, but maybe sales improve a bit.
I believe Pat was pushed out due to lying to customers and damaging the longstanding relationship with TSMC by making needless geopolitical remarks. Plus failing to manage costs. Best not to get confused about that, as it likely had nothing to do with 18A or Products.
So just as owning any other stock right now carries a lot of risk, so does owning (or potentially not owning) Intel.
The bottom is 0.
People maybe don’t realize how fvcked Intel is.
Intel needs to buy btc
There is no bottom. No factories, no company.
Got rid of all vested Intel stock right after the crash of August 1st. It wasn't the smartest thing to do selling low like that but realized it would take longer to recover keeping it, so I put the money elsewhere. Lost the rest when I left.
The real reason behind Pat getting kicked out has not come out yet : could be 18A health, could be q4 numbers - could be something news.
When that hits... Will see where we end up.
"There should be resistance around $0."
Yup, be thankful there is a lower bound
otherwise you might owe the investors money.
Bunch of Goof Ba--s. No wonder you're failing as a company
There should be resistance around $0.
Sold most a while back and invested the cash to AMD, ARM, and TSMC. Couldn't be happier with the returns!
INTC's Board is clueless about this industry. Down
And the Bored/Clueless award goes to!!!!!
"There is/will be resistance around 19 unless there is new negative news"
Ive been watching this INTC Layoff thread. Understanding there are a number of Trolls on here, many are your competitors, I'm shocked at the amount of competitive detail individuals expose on here. Also, understanding your industry is about operational excellence, ELTs role in creating an environment about execution, I'm shocked by the attitudes of individual employees on here. You're in charge of your career. Stop bi--hing and start rowing, or leave
There is/will be resistance around 19 unless there is new negative news
INTC is testing recent lows and I agree, there's no catalyst, rumored or real, to warrant anything but continued downward movement, at which point you'd need to calculate Lord Fibonacci levels to estimate where INTC might find next support. $15 is very plausible unless some news breaks. Unfortunately the Grinch stole any Santa Clause rally for INTC, to the contrary, and is facing a difficult 2025. I'm an advocate for riding out these difficult times for those who add value, have the fortitude, and seek opportunity to advance. It's a cr-p shoot and sometimes you win
Next stop $15.
Going down