Shorts expected a warning. And didn't get it. And they were oh so disappointed. Because they had told the world it was going to happen. Oops there goes the credibility.
Shorts expected a massive miss on earnings. And didn't get it. And they were oh so disappointed. Because they had already embarrassed themselves over the warning. And over having predicted a huge miss last quarter that never happened.
So, here they find themselves having given back almost three bucks from the low in November and no good reason to think it's going to get any better. Intel has a great year ahead and the economy is getting stronger.
But the PC is dead. "Waaaaaaaaaaaaaaaaaaaa...." cried the shorts. They cried and they cried and they cried.
Poor Wally. Far too dumb to have sold so he gets hit with a much lower stock price despite his never ending brainless pumping. too dumb to sell at 29. too dumb to have sold at 23 when the stock hit overbght at a much lower price. Poor waldo still pumping despite the after hours drop and a price 7.00 plus less than THE TOP for quite some time to come.