It's a sad day when we're excited about the stock reaching $21.49.
9 replies (most recent on top)
I couldn’t agree more. The assumption is Intel won’t be left to die. I’ve been loading up assuming there will be a premium once plans are revealed
The whole market seems ready to top out and retest into Spring, so if that drags INTC down with it (not a given) then I'll add more shares.
Aside from some 100% takeover, the company is actively shedding business units and getting costs in line with revenue.
Not sure if it is possible to show a reduction of debt when they report here shortly, but DZ will likely have some guidance on how divestiture is progressing and that should be a positive for the stock.
Not that I expect any action getting the stock over $30 but that is a nice gain from here, and even better if the stock does somehow manage to be drawn below what so far looks like a double bottom in the upper teens.
Obviously, opinions vary on INTC (and every other stock). Those who can only see weakness and threats are never able to see strengths and opportunities.
A buyout would be at atleast 40. I’ll gladly dump all my shares at that price and not look back!
The stock price hit resistance when it was near the book value. No one sees any other value in this company other then what can be earned through selling off the assets.
@at+1jj28kke9 Good point, if anyone cared about where this or any other stock would be in a decade.
INTC may not be a ticker by the end of this year, and until then there is a good chance for a 30% pop on takeover or spin off news.
it is inevitable
It won’t break $30 for at least a decade
Now over $22, so less sad.
When it gets to $28 it will be even less sad.
Ha small victories at this point
Soon it will be 15.49. Lol!!