I bought 10k shares at $23.15 for a trade. Clearly not a good move, and this has now become a LT holding. Fortunately, this isn't a huge position for me, but I hate taking losses. However, watching it decline $.04-$.11 cents per day is driving me nuts. I'm ok with extreme volatility, but this slow drip bs has become old. My question, a 4% dividend makes the wait a little more bearable, but are there any catalysts other than time that could initiate some short term momentum? I've read lots of positive technical posts, but this stock can't manage to remain neutral on a big time moves up. Would hate to see where it would be if the markets went south.
Intel has some things going for it, its biggest problem is it is facing competition like it has never faced before. That means margins are going down. The tech guys think Intel also has some kind of monopoly on innovation...don't underestimate hungry players, these guys already kicked Intel's bottom all over the place in mobile. They are now going after Intel's core markets. It will be interesting.
'Intel has some things going for it, its biggest problem is it is facing competition like it has never faced before. That means margins are going down.'
LOL no it isn't on either account. The biggest competition Intel ever faced was when the relatively cool Athlon64 was released by AMD to face the hot Intel Pentium 4. AMD got to $42 eventually on that processor. Margins have also barely moved as Intel does not need to lower prices for ARM processors.
'The tech guys think Intel also has some kind of monopoly on innovation...don't underestimate hungry players, these guys already kicked Intel's bottom all over the place in mobile. They are now going after Intel's core markets. It will be interesting.'
Err no, Intel still has the mobile market it's interested in, notebooks, all sown up. As to phones that is just a sideline for Intel that it is now getting in to. Going after Core markets ? Yes, but they won't be successful. That brand new ARM A57 64-bit chip coming out in a year or so's time has similar performance to that 10-year old Athlon64 according to ARM's own estimates and will be handled with ease by 14nm Broadwell and its descendants.
The markets are supposedly forward looking in the six month range, so that's mildly depressing. I'm mainly upset because while I'm waiting for this dog to move a little, I'm not trading anything else. Hence, the reason I asked about any short term catalysts. Oh well, best to be patient a little longer.
Just hold on to it- I like trading like you also but now at these prices and the nice divvy you won't get hurt- Yes you will have to wait a bit but who cares- Just look at the last 12 years- At some point in the next 12-18 months you will show a nice return given you will collect the divvy while you wait for it to come back-- and it will- It may go to low 19's again but it will also go to 25+ again -Should get over 30 in next 24 mos. You can always buy more down here or closer to 19-20 and average down - I like to buy 200-500k of a stock also and do what you do- however I want to keep 10k shares of this one if I can get an initial buy around 19.75-20.2
' but are there any catalysts other than time that could initiate some short term momentum? '
The 50 MA is rising support at 20.66 but the 600 MA is static resistance at 22.23 and the 200 MA is dropping resistance at 23.76 so the stock looks pretty range bound at the moment between 20+ and 22+. There is a strong recent resistance point at 21.68 ± 0.3 and strong current support point at 20.67 ± 0.29 that confirms that moving average analysis.
CURRENT PRICE 20.96, at support, 21.18 ± 0.3, type Single, strength 5
+3.4% at 21.68 ± 0.3, type Triple, strength 10
+8.5% at 22.75 ± 0.32, type Single, strength 5
+10.7% at 23.2 ± 0.32, type Single, strength 3
+19.8% at 25.1 ± 0.35, type Double, strength 6
+24.9% at 26.17 ± 0.37, type Triple, strength 7
+27.4% at 26.7 ± 0.37, type Double, strength 2
-1.4% at 20.67 ± 0.29, type Triple+, strength 10
-4.1% at 20.1 ± 0.28, type Single, strength 5
-6.2% at 19.66 ± 0.28, type Single, strength 5
So you really have to look at the following earnings to change the perception that this is not a growth stock. Q2 has a chance but Q3 is more likely as that will include Haswell revenue for the first time. Haswell is a game changer in so many ways (much higher integer, floating point, graphics performance and much lower power) and should spur PC growth again across all its formats..