Hope you guys setup your trailing stops!
It's not the market either, INTC is run by dummies.
Qualcomm up 7.55%
INTC headed down to high teens
9 replies (most recent on top)
When you see top brass unloading stock, much of it is annual selling they do each year around the same time. It enhances their income and reduces suspicious notions about insider trading.
Car=cvr
Car here - took the erp
Look at the recent sales and everyone is SELLING, now why would any senior executive sell unless the rats know the ship is shinking.
BTW none of the intel folks are really rich like Mark, Bill, Sergy etc. You can argue billioniares have a reason to sell , but millioniares are usually greedy bunch wanting to be billionaire.
The end is clearly arrived as every inside is dumbing, hope you poor new guys dumped two as your chances of retiring at this company are ZERO, you'll be luck if the company is here in two years as Moore's Law is finished at Intel.
http://www.nasdaq.com/symbol/intc/insider-trades
sold at 35.86. 20+ years veteran here
I think that the younger ones spend more time surfing at work :-)
30 year intel veteran and not doing any useful work. Other than surfing thelayoff.com. GET BACK TO WORK LOSER. It's people like you who are dragging the company down.
This crash is different. Intel has always had a leading edge on process. That edge is gone. Qualcomm stole it.
30 year veteran? You still at Intel? Lucky you!
This always happens after they announce.. Doesn't make any difference if the news is good or bad. 30 year Intel veteran here.