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Intel Corporation Message Board

  • cynicalanddisgusted cynicalanddisgusted Nov 20, 2012 1:41 PM Flag

    just an observation

    In Nov 2003 INTC was near 34. Its progressive highs July 2005, 28; Dec 2007, 28; Apr 2012, 28;

    But, while the highs seem to be capped at just under 30, the lows have progressively dropped.
    Sep 2004, 20; Jun 2006, 17; Feb 2009, 13; If it is heading for a new lower low - it has a long way to drop.

    A stock like this has been a short sellers dream. And, while this might be a nice entry point for a long term hold - given the dividend, I personally would wait for this to show some kind of decent upside strength before investing my money. Specifically, I would like to see it turn around sometime before 13.

34.66+0.39(+1.14%)Jul 22 4:00 PMEDT