You're a bagholder, bro. LOL!
11-May-11 10:24 am I must admit that this morning's announcement is nothing short of remarkable.
As of today, I officially capitulate and am encouraging the purchase of Intel shares.
This company is hitting on all cylinders and the management team is doing everything right.
The outlook for the shares is positive, imo.
I do, however, reserve the right to take shots at Wallis when he presents an easy target. Rating :
(1 Rating)Rate it: lucy_nuff
WS may have lost interest in it, but you sure didn't when you ADMITEDLY capitulated and bought. LOL!
Brilliant call, Lucy, you bitter old man. You missed out on 45 % gains from where you sit with Cisco, and you missed the Dividend for over a year. Keep chirping about the Dividend to remove all doubt that you missed out on it PLUS 45% gains. I'd be bitter like you as well. Fortunately, me and Warren Buffet bought your Intel shares at 20, ROOKIE.
Intel is up 25% since it went out of favor with "tooofunnny" and Cisco is down 20% since he sold Intel at 20 and bought Cisco at 20.
So if Intel is out of favor, what does that make your Cisco stock that you are holding at a 20 percent loss?
Intel is up 25% since it went out of favor with "tooofunnny"
Apr 20, 2012 27.72 27.97 27.57 27.60 38,058,500 27.40
Above is the trading range, volume, and closing price for Intel on 4/20/12, the day of the original "out of favor" message.
From today's Barron's article:
>>>BULLS LIKE LOWENSTEIN argue that Intel's recent stock price doesn't reflect the company's PC growth in emerging markets, enthusiasm for cloud computing, and corporate spending on data-center infrastructure, including servers, storage, and networks. He thinks investors are too dismissive of the PC's future and are missing Intel's potential in mobile. "Misunderstood, unvalued, and OUT OF FAVOR, a combination we are drawn to as value investors," he says.<<<
"OUT OF FAVOR"
Lowenstein listened to Lucy.
You should too!!!