Earnings rise 30% meeting Wall St. expections.
Upper margins substantially above competitors.
Third quarter margins up about 2% to 41%.
Sales rose 21% But missed Wall St. expectations by $70 million.
The stock is down over 8% in a/h trading.
A miss of $70M is a drop in the bucket and certainly no cause
for the stock to be down over 8% in a/h trading.
This results are NOT a sign of a cutback in business spending.
The pros are trying to shake out the weak longs for a quick pop
during the end of quarter window dressing period.
"I've don't put too much stock in insider transactions because I trade short-term price patterns and chaotic price swings."
You really do need to hook up with indexit he trades short-term price patterns and chaotic price swings often and on the message board. You remind me of him! I guess smart mind think alike.
>> Maybe that is why Paul Otellini, INTC's CEO sells his shares
>> for a scalp of 1 buck as soon as he exercises the options?
I've don't put too much stock in insider transactions because
I trade short-term price patterns and chaotic price swings.
Intel is best-of-breed in its sector, which makes it a good
"I believe they are taking more market share from AMD than people realize, which offsets seasonality in pc sales."
Maybe that is why Paul Otellini, INTC's CEO sells his shares for a scalp of 1 buck as soon as he exercises the options?
I agree with you that there is a large element of luck.
I've been blindsided in the opposite direction a good number of times.
The good thing for me about taking a such a gamble on intc is that it
has no competitors. IMO there's a great upside ahead for intc. I believe
they are taking more market share from AMD than people realize, which
offsets seasonality in pc sales.
"It was a steal because I made $2,400 before commissions in less
than 24 hours."
Yea, yea, yea! Whatever you say?
If you did make $2,400 you got extremely lucky. 6 minutes worth of luck on such a steal don't sound like a great stock to me.
"My screen shows 6 minutes of trades above $21.60."
My point is you bought ah yesterday and preached all night about how big a steal it was. If it was such a steal and you got such a great deal why did you sell on the open? It one of two things. Either you're a liar or the stock was not really that much of a steal in which case you would then be a liar also.
Either way you're a chump and your trading strategy sux.
Discussion closed because you have been and still are wrong!
>> More like 3 minutes and it went green for only about 1 minute.
You're just posting FUD.
My screen shows 6 minutes of trades above $21.60.
Using the highs and lows for each minute.
1 09:30 21.91 21.80 384,259
2 09:31 21.87 21.77 209,966
3 09:32 21.78 21.76 167.316
4 09:33 21.79 21.77 151,107
5 09:34 21.78 21.69 145,345
6 09:35 21.70 21.63 218,990
Unless you can show otherwise, this stupid discussion is closed.
"I could have made a profit at any time in the first 6 minutes of trading today. Easy money!"
You didn't sell on or at the open or you would have posted it just like you posted the buy right after you bought. 6 minutes huh? More like 3 minutes and it went green for only about 1 minute. You know as well as I do you are still holding that POS. You bought AH @ $21.60 and the futures looked bleak. Only someone with sh*t for brains would make that kind of move in a Bear Market. You held and now you are officially an INTC baggie.
Good move! If you really want to learn how to do the scalps just follow indexit, he post here often.