Intel shorts have been reported as being crushed today in view of the rather complete failure of their plan to control the message into and out of earnings through the use of high-volume content-free financial message board posting.
Those wishing to help with this tragic occurrence are urged to contribute to the James Covello/Stacy Rasgon Failed Strategy Emotional Devastation Therapy Fund but are warned not to confuse this with the James Covello/Stacy Rasgon "I Got Caught With My Pants Down Fund" or the James Covello/Stacy Rasgon "My Trophy Wife Has Left Me" Emotional Recovery Fund.
Thank you for helping these kind and wonderful people in their time of need...
It's very silly to short a stock paying a dividend twice the 10 year bond, has increased the dividend amount from 8 cents to 90 cents over the past 10 years, reduced the share count from 6.5 billion to under 5 billion over 10 years, doubled book value per share over 10 years .... etc., etc.,
Intel is the Fort Knox of technology.
Special thanks to all of the posters on this board who have shared their knowledge of this company.
It is very silly to short a stock paying a dividend twice the 10 year bond. fiddlesticks,way back in 2008, many an energy trust had a yield over 10 percent, by March of 2009, the yield in some was 32 percent, as natural gas plummeted from 14 to 2, oil from 140 to 30
want yield, a number of gold stock have higher yields than INTC. of course, those yields could go higher, or the dividends could be slashed to zero.
and even at the height of the housing bubble, many a real estate related stock yielded over 10 percent, some of them no longer around, ie NFI, with all the subprime loans, even Washington Mutual, gone.