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Intel Corporation Message Board

  • bacbacker bacbacker Nov 29, 2012 11:59 AM Flag

    Downgrades today, Upgrades after "surprise" earnings

    Goldman are #$%$...Intel already said they expect margins to fall this quarter due to excess capacity charges. INTC will blow away current estimates. Estimates is now $0.46 for this quarter...ridiculous, INTC, even with drop in margins, will earn at least $0.55!! Then Goldman et al will start upgrades...

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    • When I posted earlier I had not even bothered to look at the "reason" for INTC being down. While all the things I mentioned are definitely concerns, I agree that when the bigz start downgrading after a long slide it is USUALLY (though not always) a good sign. It makes sense they would downgrade now to encourage more year end tax loss selling; the purpose is always to wrongfoot the lemmings precariously poised at the edge of the cliff. ;-)

    • I agree... pc sales are STRONG this quarter, even though we keep hearing how the pc is dead... it's all manipulation and #$%$ so the big boys can short short short, then buy low low low... the average joe gets strangled in the mean time... Learned the hard way this time... buy smaller chunks and even out my in cost... if I can ever get out at a at least break even point, I'll be doing that next time...

      Sentiment: Strong Buy

34.06+0.06(+0.18%)Jul 21 4:00 PMEDT

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