Woo Hoo! Intel down, but up from the lows. What a victory! Another chapter in the wallisweaver book of Successful Investing.
When cornered, lashing out in anger is wallisweaver's standard fallback position. Now that I think about it, being angry is where he is most comfortable on every topic, cornered or not.
"Every Republican president since (Reagan) has exceeded his or his and his predecessor's budget deficits."
Looks like Obama is in good company.
Just the facts . . .
"Last year, 25 fund managers made $21 billion."
That's nearly $1 billion per year salary for each fund manager. Source of information, please.
"ARM has been stuck below $55 since 2013."
The board's chief cherry picker conveniently fails to mention that Intel has been stuck below $37 since 2001.
aiiyiiyii--Granted, Intel's projected earnings are expected to improve nicely over 2015s anticipated numbers. However ,I am also looking at the fact that for the six years leading to the 2016 estimate of $2.40, earnings have been erratic, and in 2015 are expected to only narrowly exceed the $2.05 earned in 2010. Some like to point out that the stock price has jumped from $19 to $38 since 2011. A nice double if you bought at the low and sold at the high. I would be willing to bet a lot of money, however, that nobody (especially on this board) who boasts those numbers actually made those trades.
aiiyiiyii--Not to be argumentative, but the last time Intel sold at 20x earnings was in 2009 (I will concede that's been "the last several years.") Over the prior ten years, earnings were erratic from year-to-year, and pushed the PE into the 40s often because investors became optimistic in one year only to be disappointed in the next.This erratic earnings behavior continues even today, bouncing up and down in a narrow range for the past six years. Until Intel can convince investors that it can show steady earnings growth, I believe a return to a reliable 20x earnings will be a tough sell.
Is this simply a pyrrhic victory for Intel? Don't see how this will move the net income/share price needle unless it's the start of something big.
"Summer is looking really good and fall will be even better."
Are you talking about Intel or the weather? In either case, based on what? Today, Intel is having trouble keeping up with the Dow.
"I have you on ignore, didn't read your post today, and won't be reading any of your posts." .
[wallisweaver is getting so desperate for attention that he is now responding to posters he says he has on ignore, not to mention his obsession with Ultimate Stock Alert posters. Hillarious.
As wallisweaver has once again proved, he is incapable of rational discussion unless you agree with his point of view. He simply will not tolerate disagreement. Everyone is out of step but wallis as he says, "I'm not the problem; everybody else is the problem." That's why most informed posters have left the board. He is totally convinced that a single poster with multiple aliases is out to get him. Delusional. I can't imagine how it must feel to be angry all the time.
[reality hasn't set in yet . . ."]
Looks like you're going to have to wait awhile longer for PBI to fail. Unlike you, some are slow learners. :)