Ashraf is 1 of the most knowledgeable Intel posters, behind me & Alexander. His article makes a lot of sense.
Yeah, you're a great poster. Your history shows you own about 600,000 shares of Intel (fantasy land) and you said there was a concrete floor at 25, 24, 23, 22, 21, and 20 due to the Dividend. lol.... you're a disgrace, and even you know it.
I also called for Paul O's resignation for the past 2 years & it looks like I was very right on that one. What a poor leader he turned out to be. Its a shame because Intel has all the capability to be a $50 stock right now.
Go read Alexander's post regarding valuation, and how INTC is cheaper today by all measures (besides PPS, which isn't really a measure) than it was in 2009 at 12.41 when the S&P hit a low of 666. Nobody thought INTC should trade below 20 ever again, at least nobody with a brain.
I do not post about every trade, but I too was buying all the way down, since the drop defied logic and reason.
Who's the bigger idiot, you are the one who thinks ARMH is going to stay up forever with it's 70x P/E ratio. By comparison, INTC would have to trade above 150 to have such a sky high valuation, and has been growing earnings at about the same rate as your beloved ARM.