Literally a 30 degree down sloping line since open. Could easily be in mid $28 range by the earnings call if the sell off continues. Way ahead of the rest of the market on % of decline. See for yourself:
https://www.google.com/finance/quote/INTC:NASDAQ
"I don't think rocks drop on a 30 degree downslope."
Well, whether the intel dead body drops by you or rolls by you what is the difference.
It is still going down.
No chance I can back out of ESPP huh ?
$25 now
Pack your bags, turn out the lights, the party's over.
Glad i bought puts( NVIDIA Engineer)
@pnm... what a great observation because that was the whole point of the post. How much did you lose today?
I don't think rocks drop on a 30 degree downslope.
intel's new motto
at least we are not Boeing
It definitely goes below book, which is closer to 25 or a little below.
You have to unwind the epic sh-t show of human resource, for which there is a penalty.
This company is in GE and Kodak land of mismanagement. Not fixable, just waiting for rigor mortis to further affect Intel’s dead corpse until a b-school case is written on it.
The Intel stocks start to rock
The burning stocks begin to fall
After hours it will be low 26.
Book value is like 26 or so.
Won’t go lower unless there’s a debt default problem.
This company is less than the combined value of the assets because you’ve still got all the nincompoops on payroll.
The stock will fall to near the sum total of the physical buildings and equipment Intel has. At this point, and definitely when it drops below, Intel will be a screaming good buy. Unfortunately that’ll be on a workforce about 30% the size of what it is today.
Looks like news of layoffs not attractive enough for walk street...probably thinking try something else Pat
It’s likely gonna get worse!