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Intel Corporation Message Board

  • backbay_bstn backbay_bstn Jul 31, 2014 8:49 AM Flag

    Why is INTC getting crushed in pre-market?

    The stock has hit a brick wall after the CFO "news" - no dividend increase & massive personal selling. Not happy with Mr. Smith's recent behavior.

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    • The market is down because country of Argentina defaulted on bonds. I think you can read about it on any news feed.

      "Not happy with Mr. Smith's recent behavior."
      Intel up 11% in last 3 weeks. I can take your version of "unhappy".

      "no dividend increase "
      Only up 11% since the announcement.

      " massive personal selling"
      Only up 11% since the selling.

      • 1 Reply to alexander.dumbass
      • "The market is down because country of Argentina defaulted on bonds. I think you can read about it on any news feed."

        From CNBC:

        U.S. stocks declined and Treasury yields rose on Thursday after an unexpected drop in European inflation fueled worries about deflation there and a jump in U.S. labor costs furthered the idea that the Federal Reserve would have to hike interest rates sooner rather than later.

        Euro-zone inflation unexpectedly declined this month, highlighting the European Central Bank's worries that the region's economy is not healthy enough to support increased prices.

        "Europe is struggling to keep its head above water economically, and for the first time, there is the possibility Fed may have to shift from offense to defense," said Bruce Bittles chief investment strategist at RW Baird & Co.

        Investor sentiment was also hit by the default by Argentina.

        [So the bottom line is that there isn't any reason why the markets are down except Wall Street has been pushing constantly for a correction and hedge funds are now viciously attacking and attempting to precipitate a sell-off on any signs of weakness. They are trying to panic investors and have done a pretty good job of it today.

        Let us not forget that today is the day after we just found out that GDP grew by 4 percent last quarter. In other words, this is a totally contrived sell-off. No surprise there. ]

    • urine idiot

      Sentiment: Buy

37.18+0.53(+1.45%)Sep 27 4:00 PMEDT