OK. Our government is corrupt and useless. But this has always been the case.
Our inner cities are third world wrecks.
People cannot get work and yet our corporations like Apple, make their junk in even cheaper places in other nations. Slave labor and windfall profits is what Corporate America loves.
I live in a very rich area but you can go 15 miles from where I am and see total devastation here in America.
Yet---America gives billions and billions in foreign aid to other nations as a bribe to keep corporate America able to export.
Why is it we buy all this junk from China?
We have tons of unemployed people that will do that work.
What? America has the highest incarsaration rate on earth and it is over 40 thousand dollars a year to keep each one in prison? Sell Pot--go to prison for a few years.
Steal trillions using credit default scams--and not one big banker in America is even charged.
So Teabaaggies yell they want their country back but the idiots do not go after the people hurting them.
Dems vote for Obummer and he does not prosecute and banksters.
I said 4 years ago it was all about phones for this stock. I was right.
If Intel fails to win a MAJORITY OF THE PHONES SOLD--(USE iNTEL INSIDE), then this stock is going to 12 again.
I think we all know soon.
If Intel does not win major deals for phones and take marketshare in the next 12 months, I would short it.
Yet, I do think it is likely that Intel will win phone deals and thus I am long for now.
If I were an Intel short, I would be worried about Samsung--Phones--Intel--possible.