Unfortunately I made a rookie mistake, falling in love with a stock. Figured that microprocessors were here to stay and INTC would do fine. I expect another losing day again today. It doesn't matter whether the company has a future with servers, Windows 8 or even in smartphones or tablets, it's what some bozos on Wall Street thinks and they have hated this stock for over a decade. Not worth selling now. Will just collect thf dividend and hope for the best, but expect the worst.
When my spouse and I bought Intel over fifteen years ago (1997), we never imagined it would turn out to be one of our best investments. But we went into the investment with exactly that thinking. A long term investment. We have paid no mind to the fluctuations in the price of the shares, however, we did purchase more shares in 2002 and 2009.
You must have done some research that caused you to buy shares? Either that or you are FoS?
Well, of course if you bought in the 1990s it worked out. There were several splits. But in the last decade it's done nothing. Research was easy, INTC is the top microprocessor company and I figured that computers were here to stay. As noted, someone on Wall Street has been holding this back. Beat earnings for years and the stock woukd pop in afterhours, then close down at the end of the day. Unless Windows 8 us a big success, causing people to buy new PCs, then this stock us dead money, like DELL, CSCO and other former powerhouse stocks.
Hey, bud, not whining, but stating a fact that this stock has gone nowhere in over a decade. I like your opinions and research, but how you can think this is a good investment when it's gone down 25% in a little over a month confounds me.