Remember when Apple missed earnings and guided way down?
They missed EPS estimates by over 10% and guided much lower than expectations for next quarter.
Stock up $50 even since.
At least Intel beat revised estimates which already has caused stock to go down nearly $3, and slightly guided lower than current expectations. Chances are, Intel set a very low bar to handily beat expectations once again. They are depending somewhat on the Windows 8 launch. If analysts think Windows 8 will not do much, then Microsoft is in a bigger trouble than Intel. Intel has software number two to capitalize on which is Android by Google. Intel has reason to be excited about the future. I would definitely take any weakness in stock to add to position. Maybe in form of call options this time being that so little is expected of Intel with the low premiums being asked for by investors. Long term options of course.
Calls are not LONG term investments idiot. There is no buying and holding anymore on any stock not just intel. The chip industry is cyclical and Intel has the best technology and capacity. If you want to make money you need to buy LOW and INTC is the perfect investment at this time.
I'm just starting to load up. And, I'm going to enjoy watching all you bashers get crushed. You are everything that is wrong with the capital markets. All good strategy and all good investment decision are context specific and depend upon price, except for the modern MOMO junky markets. I'll take the opposite side because that works until it doesn't and that day will be well before my options expire....