I don't know what barney might say, but it isn't his call. Seems to me to be BS but it did hurt the stock price. Broke the strides so to speak. Until that matter is resolved publicly the stock will hurt. Many people see google as being so large they can do anything. It is my opinion they sell advertising and just a little more. It still puts the fear in the minds of investors. Perhaps INTEL management could call Google and say #$%$? In a nice way of course. Smart management has ways of dealing with such things. It would be so far off for Google to create their own servers, processors and all. With no guarantee of successful production what would support their continued operations?
It all seems like so much BS, I believe a cooperative statement from both companies might easily be prepared.
Excellent rebuttal, if that is in fact the correct word. Rebuttal seems to give the slimy allegations a degree of legitimacy. Fine job of revealing the trash , supposedly from an anonymous donor who doesn't want to be named because it is secret. lol
Next Support Level for Intel (INTC) is $24.51
Written on Wed, 12/11/2013 - 12:42pm
By James Quinn
Shares of Intel (NASDAQ:INTC) have bearishly opened below the pivot of $24.82 today and have reached the first support level of $24.66. Should the shares continue to fall, the support pivots of $24.51 and $24.20 will be of interest.
Over the past year, Intel has traded in a range of $19.16 to $29.27 and is now at $24.76, 29% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.
Intel (NASDAQ:INTC) is currently priced 1.2% above its average consensus analyst price target of $24.46. The stock should find initial support at its 50-day moving average (MA) of $23.93 and further support at its 200-day MA of $23.27.
SmarTrend recommended that subscribers consider buying shares of Intel on September 16th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $23.53. Since that recommendation, shares of Intel have risen 5.5%. We continue to monitor INTC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: pivot alerts Intel
They don't need a reason to beat down INTC. Many folks just got a fast profit so they could buy the GI Joe with Kunfu Grip for Christmas. When INTEL slides the shorts reposition themselves. People are constantly getting high hopes when management capped it with FLAT 2014. What more do you need to know? Do you think it should rally to 26, 27 28 with projected FLAT year ahead? I should have dumped my calls two days ago.
SA apparently has no idea what this Mutt actually does for a living outside of writing trash that THEY pay for. SA did have a good reputation a few years back. Now it is about as clown like as YaHoo.
as I posted I am not mad at anyone. I am disappointed in how INTEL handled their guidance.
I am very disappointed in how the company worded their view of 2014. Such a wonderful day capped with what appears to be pessimism , but not necessarily. It took so very long to change sentiment due to Covello and creeps and it appears it was washed away in an instance.