The man is pure poison to the stock. Every time he speaks publicly the market gets more and more negative about Intel. Sitting just above $38 Monday AM. Where does the stock go after Pat speech tomorrow?
- Under 36
- Under 34
- Under 32
- Under 30
I'll say 2. Under 34. I could see it dropping a couple of bucks minimum. But, market it primed to push us down further.
We're more likely to see stock in the 20's before the 50's, and this feels like more of the inevitable before earnings later this month finally pushes us over the edge to irrelevance.