ARM continues to be manipulated up so the big boys can get out. Today's price action shows just how manipulated both ARM and Intel are. Or how just plain stupid Wall Street happens to be.
For Intel to be down on a big news day today is a solid sign that Wall Street is beyond clueless. But the information released today it buzzing through myriads of news channels. Wall Street can't keep it down because it is indeed really big news.
I think recommending a short on ARMH isn't a good idea. Purchase of puts as timely as possible after a spurt of rising price. "Markets can remain irrational a lot longer than you can remain liquid." That is something to keep in mind to avoid greater losses, but still have the ability to profit from it's eventual demise.