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Intel Corporation Message Board

  • yourwishismine yourwishismine Oct 23, 2012 11:47 AM Flag

    Insider dumping 50,000 shares at 21.50 doesn't bode well for me anyway...

    Maybe it means nothing, but I don't think it looks good...

    Sentiment: Strong Buy

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    • I can't find any 50,000 share sale. I see a 25,000 share same day exercise and sell by ARVIND SODHANI who runs Intel Capital. He still owns 109k shares and has been routinely selling above 100k shares.

      If you look at the FORM 4, it indicates that the 25k option was going to expire worthless on 11/25/2012 or in about 4 weeks. The exercise price was $20.23.

      The decision he was facing was to invest $505,750 buying 25,000 shares of INTC at $20.23 and holding, or simply roll the option and pocket the $31k profit.

      He might not have the $505k cash to buy and hold the shares.

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