Probably because it all happened in the last quarter which has yet to be reported on. Astrotech lent $400K as a secured loan to this company Image Trends which a dissatisfied customer, Steve Blum owner of the Grinberg film library, then forced bankruptcy on as it did not want a Pickens 2/3 owned company Astral Images to buy it before being satisfied with the already paid for ($600K) work. Now is that 2/3 Pickens or Astrotech's money ? This company has $11m unsecured debt mostly unpaid salaries. I can't on the surface see where the value is if there has only been one customer who was not satisfied with the service which they claimed was not carried out as paid for. The judge says Astral Images is first in line to buy it. I suppose the question that must be asked is will this be another Astrogenetix financial black hole if Astrotech gets involved further than the 400K it already has ?
p.s. if you actually had bothered to read previous SEC filings/quarterly reports you would already know that future company acquisitions were being looked at by Astrotech.
So the market is going to rush to buy a 7" Windows ARM tablet and ignore the completely Windows 10 functional 8" Atom which will be priced just the same ? In the real world that is just not going to happen, Windows RT already proved that. The only Windows Arm devices will remain phones. Stop peddling fantasies.
This case has nothing to do with ASTC. 1stDetect had $1.8m investment from the State of Texas which it paid back last year with a $0.5m profit to Texas State, i.e. ASTC paid $2.3m back to buy out the equity options Texas had in 1stDetect.
'Windows 10 supports ARM and you'll have 10's of millions of Windows 10 devices running on the ARM ISA. '
NO !! Windows 10 as the mainstream MSFT o/s does not support ARM at all and it is disingenuous of you to say that. What will support ARM is the next version of Windows Phone whatever that is eventually called.
32.50 just happens to be 200 MA and there are two fixed resistance points guarding it so it will be a key battleground. The INTC chart does not look brilliant these days, moving average support has crashed down to the 200 MA, MACD is negative and the RSI at 30.08 has not yet hit oversold although it is just 0.09 away from being so. In the recent fall from the 37.90 peak three strong resistance points have also been created. The chart is not indicative of a stock that will rebound as quickly and strongly as you suggest.
So why has the stock dropped so hard and fast from its 37.90 peak ? Well profit-taking has something to do with it as the stock has been in the mid-30s only rarely in its life so it may take some time before this latent resistance is overcome. It was also disappointing that investors thought MSFT performance/guidance last quarter was more relevant to INTC going forward than INTC's own last quarter's performance/guidance. This implies a lack of sophistication/analysis in some of INTC's current big holders/traders. I am not sure that the stock will rebound as quickly as you suggest but it should do when next quarter's results reassure the natives assuming they do. StockConsultant shares (85%) your Bullish view although I am currently placing more store in its one Bearish observation, strong distribution, which has been the case for some time now.
BULLISH Probability - Intermediate trend possibly bullish, Mild uptrend.
Probability - 1 Day Price change extreme down, may pause/reverse
Probability - Extreme Oversold, odds definitely favor long trades.
Probability - Short term extreme pullback, expect pullback to pause/stop.
Confirmation - Extreme bearish 1 day moneyflow, on an strong-extreme pullback is considered bullish.
Confirmation - at support
BEARISH Probability - Mild bearish 3 day chart pattern with Strong 3 day distribution.
CURRENT PRICE 33.04, at support, 32.74 ± 0.43
SUPPORT BELOW -2.8% at 32.12 ± 0.42, type Single, strength 8
You only need to support one moving average and that is the moving average that contains the high volume on the LMT sale day. Currently it is the 170 MA as of yesterday but today it will be the 171 MA and the day after the 172 MA etc etc. Its value is currently $2.80 and only price dips below this moving moving-average current price need supporting as the stock is self-supporting and consolidating and strengthening above this price in the absence of any news. So IMHO you should keep your powder dry above this moving moving-average current price for supporting even higher prices in the future as this moving moving-average keeps moving up and encountering the tough resistance in the $3-4 range. This will become a virtuous self-feeding circle in the end.
probably a by-product of all recent moving averages that peaked at 2.80 being converted into support below the stock price. TA wise the air is a bit thin above these averages, just historical resistance and some old moving averages stretching back years. The future long term assault on $3+ began today.
shame Chinese buyers still prefer Intel x86 chips regardless of what the Chinese govt prefers which was originally MIPS if you had the first clue about Chinese computing history.
China tried to make MIPS the standard PC/Server ISA for China, how well did that turn out ? Intel still sells the lions share of chips in China and will continue to do so regardless what clown company buys AMD.
How big is AMD's market in Asia ? It can't survive on its entire world market now which will be cut off from it if a Chinese company does something illegal with the x86 ISA. Go peddle this fantasy on the AMD board where it belongs. I
a pirate x86 ecosystem will not be tolerated by worldwide software companies. Stop peddling your fantasy over here idiot.
Intel has never paid a dime in x86 licensing fees and never will, the agreement is totally one way and Intel can just refuse to grant any AMD buyer access to a x86 license which with the emergence of ARM and the fact that the prospective buyer is Chinese just may be accepted by authorities meaning AMD will die.
No, any extensions to x86 are free to Intel, it is an unequal license because it is Intel's IP originally.
All x86 architecture has had integrated gpus for years now so obviously gpus are not too complex for Intel to do. Larrabee was an attempt to do gpu architecure in another way and was basically the project of two architects trying something different so basically was a research project which Gelsinger then got carried away with and started pumping in advance which cost him his job ultimately. This research project proved far more suitable for multi-core computational applications as I said it would at the time. However there are rumors that some of the Larrabee concepts will turn up in future x86 integrated designs so this non-conventional long term threat to your beloved Nvidia gpus is not yet over.
Troll, Intel makes more profit each quarter even after paying for mobility investment, dividends and stock buybacks than your beloved but pathetic Nvidia makes in revenue. That is the only obvious you need to concern your tiny little mind with as well as the fact INTC has doubled since 2011 while NVDA is still down after their CEO pretended he was going to take over mobile chips which Intel is actually doing.
Price dumping is legal for all non-monopolies and Intel is a non-monopoly in mobility. I confess you are too stupid to realize this after already having been told once.
Well certainly the stock is now above all its recent moving averages which peak with the 167 MA at 2.80 and it only took a month or two of the buyback facility to get there. There might be a dip come earnings time but still it is looking good long term chart wise as it is much easier to maintain a stock price if you are above all your moving averages i.e. less selling pressure.