Recent

% | $
Quotes you view appear here for quick access.

Intel Corporation Message Board

  • stockjock44 stockjock44 Feb 20, 2013 2:54 PM Flag

    What stock buyback?

    Gotta love the stock buyback. They borrowed 6 billion to step up the buyback and what has happened. The stock goes down on low volume. They pay interest on 6 billion worth of bonds. They don't buy stock at this low price, must be they're waiting for it to go up. At 20/share, they need to buy 300million shares. Thats over 1 million shares per trading day for over a year. Must be they want the stock price down so they can issue more low priced stock options - especially to Paul when he retires. Anyone who agrees, please send your concerns to investor relations.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Your buyback numbers seem right. Intel is limited to 25% volume and can only put in an order at the BID price. It looks like there are bursts of selling, like someone is shorting a block to blow down quickly through the buyback bids. Do you see anything similar?

      Stock options are issued at $0 RSU. Trading price does not affect the company. Paul just donated 150,000 Intel shares to a charity. I doubt there is any issue there.

 
INTC
30.39+0.24(+0.79%)Jun 29 4:00 PMEDT