I just bought 10,000 shares at 21.27 for two reasons; strong fundamentals and Jim Kraemer said this is a great stock. Jim is a friend and worth $50-100 million. He's great!! Will sell at 32.71!
This stock is a great short for so many reasons: deterioting margins, stock run up, NYSE/NASDAQ artificially inflated (bubble waiting to pop) and poor fundamentals at INTC and in computer market.
My understanding of this stock is that Jim C owns it for his "child hood trust". Talking to a few other people in this area and reading between the lines is that this stock will reach $21/share within the next four weeks. Guess everybody can read between those lines.
"My understanding of this stock... "
[Dana, you don't understand anything about this stock, the company, its performance or its technology. Haswell is coming, Silvermont is coming, new announcements are made almost every day and you've gotten your rear end kicked since November...]
2013: Year of the Intel Tablet
2014: Year of the Intel Smartphone