You idiots chasing this back up are losers. The only value this stock has is their dividend and the higher you pay for this stock the lower your dividend is and their are much better dividend stocks out there with less downside risk then this stock has. This is not a growth story anymore and PC sales are slowing. How stupid are you idiots. If you were going to get in why not yesterday closer to 22.00 which is still too much isntead of toady at this higher price? Stupid bag holders. You will lose more money when this drops then any dividend it pays out.
You base your argument on the "PC is dead" lies which are being told by IDC, Gartner, and Goldman. Nice, I guess that is why Intel is growing at over 20% y/y, with double digit growth in PC and DataCenter groups.
This stock is a coiled spring, waiting to be released. Watch it.
Over 50% of the INTC volume is from ETF, index funds and institutions. When someone generates a creation unit for an ETF, they do not really care about the price of INTC or what the creation will do. If INTC goes up, they charge more for the ETF shares.
Do you really think that anyone on this board has anything to do with price movement?