Glad I got away from 'that roller coaster' along time ago.
https://investorplace.com/market360/2024/05/stick-a-fork-in-it-and-run-intel-stock-is-done/
Glad I got away from 'that roller coaster' along time ago.
https://investorplace.com/market360/2024/05/stick-a-fork-in-it-and-run-intel-stock-is-done/
Buy AMC stock now !
"...keep running up debt to build fabs..."
Is Intel actually building any new fabs? I hear a lot of talk but where is the action?
"Apple will be a redoubtable rival to Intel in artificial intelligence personal computer chips."
LOL! When it comes to AI, Apple has nothing.
I'm not saying Intel will do great with AI but, if it doesn't, it won't be because of Apple.
$4000 only held on single INTC stock is very risky. If I was you I would hold 8 different stocks for $500 each from similar companies in the industry.
If you cannot buy any of above stocks at 15% lower discount price then you use that cash $$$ to eat out at high end restaurants because you cannot swallow the stocks.
Stock goes to zero on bankruptcy when the company can no longer pay its debts.
Assets are sold to the bold holders and equity is wiped out.
Intel is obviously far from that, but keep running up debt to build fabs for customers that will never materialize. Well, that is a fast track to zero.
Any proven data that it can go to zero and when?
It will never go to zero because it still has a lot of assets, fabs, buildings to sell
Someone that doesn’t understand capital structure lol.
It absolutely can go to zero with a high debt load. Bond holders get paid first and equity can go to zero.
Guys I have like $4000 left in INTC. Should I sell and reinvest in something else or wait til it's $40 and fill my gas tank up halfway?
Remember Moore Law technological limit dead end at 2nm node. Don’t be dump and fool by Pat Law 5Y4N from 1nm to 2nm before he run away. Not to mention soon to be obsolete x86 compare to future ARM custom chips.
@1hpr+1sxWtAFq I hope so! I hope he ki-ls IFS: we’re going out of business if ELT keeps dumping money in this fire pit!
It's going up.
Perhaps Pat will push the foundry out of the door soon.
The average historical value of the entire US stock market has been on a P/E ratio of 15… of course, that jumps to higher P/E ratios in times of exuberance. So assigning a P/E ratio of 10 max to INTC, a company in stagnation with little potential for realistic growth, is fairly conservative and IMO aligned with what one can expect of INTC at this point. So yeah, $9 bucks at current earnings sounds fairly valued.
Let’s see… current EPS is 0.90… if we made a basic calculation for a P/E ratio of 10, the stock purely on that basis would be worth $9 bucks. Now, if the sh-t hits the fan, let’s half it… a P/E of 5 and that gives you a $5 bucks per stock price. I highly doubt it will be below $9 bucks TBH, but it wouldn’t surprise me if it happens either; especially once IFS fails and the iceberg is hit hard. But I agree, it won’t go to zero.
It will never go to zero because it still has a lot of assets, fabs, buildings to sell if it lays off all people. The US government will still dump free tax payer money into it even it cannot make anymore good chips. How the US government collecting tax if it goes to zero? That is impossible to go to zero. It can be a penny stock company in two years if any of the fab node failed like its own 10nm before. It will likely to fail than to succeed with smaller and more complex fab nodes. The lower price from the last 2 decades was $11.5 so I guess $9 is a fair lowest price it can go in the next 2 years before it tumbles into penny stock.
It can go to zero.
Unlikely, but that’s theoretically possible.
How low can it go?
Quote from the article: "We’re giving the stock a “D” grade and telling you right now that it’s perfectly fine to get off that roller coaster. Just look at the progress of the Intel share price from May 2023 to May 2024."
"The company is trying to reinvent itself as a foundry chipmaker. By that, we mean Intel seeks to manufacture its own chips and sell them to other companies."
That's not what that means