This is merely current overall market sentiment. When the broadbase market rises, Intel will float on that tide. Same thing happens when market declines. I would read nothing into the recent rise in stock. In fact you may want to sell.
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Share buybacks also help to inflate share price. Intel repurchased shares in Q1 and several tech companies are in the middle of large repurchases. This helps to overinflate the true value of shares, but Wall St and execs love it because they profit.
Stock goes up because of the massive layoff. It has nothing to do with strategy. BK has none. I meant, look at the history, he failed everything he touched.
People thinking this surge is result of a sound growth strategy and solid prospects for the company are drinking heavily from the Intel-blue koolaid.
Guys, the surge in stock price is due to nothing more than hype and speculation from analysts and investors. I would doubt the stock will break the $36-$37 resistance since BK will not be able to provide a significantly rosy picture for Q3 and rest of the year as analysts are expecting.
Sell, sell, sell ...
Proof sh--e does indeed float
@qhn so for every 1000 shares only $4k taxable?
-yah.. For the RSUs It all depends. If are 60 and took the ERP your cost basis is over $30.95 on 6/25 with minimal impact to your gross.. I talked to my UBS planner this am for all 5 years of stock.
@-lob is BK posting
Hi BK 😊😍😘
@lob- Put the meth pipe down.
Keep in mind OP that these are the same people who think the stock market has been doing well thanks to Obama and not the QE by the FED.
if you don't think BK's leadership had anything to do with the massive upswing in INTC share price, you must be smoking some strong stuff... THANK YOU BK FOR "THE PURGE" AND "THE (STOCK) SURGE"!
Rising tide raises all boats even the Titanic before it sink, and in a falling tide even the most worthy of boats fall.
I agree with OP that those trolls and tards who somehow think the stock price is up is an indication that ACT or IoT, Memory, 5G and drones are raising the stock are idiots and deserve to go down with the Titanic. I am sure BK will mention the stock in his BUM update, and to do so only confirms how stupid the leadership is in this regards.
PC volumes continue to fall, Q2 will be soft and show again drop in total client volume. The forecast thru the EOY will be soft, capital spending will be again reduced, and I expect GM will come in low as 10nm spending will be up while revenue will be flat to down. Perhaps with creative accounting they may fool wall street.. Moore's Law has hit the wall, only look at 14, 10 and 7nm progress at intel.
BTW I think TSMC released earnings and they seem to be rising regardless of whether it is Apple or the cheaper smartphones, they make everything, so if it computes it likely has TSMC silicon in it. While Intel sadly sits on your desk, in your study, but when it is in your pocket it doesn't have Intel in it. A big problem with the next node requires billions / quarter R&D and huge factories to reap the investment, Intel is no longer in that position and R&D will slowly be strangled as will capital expenditures for tiny new factories if there are any new factories at all.
Leaks everywhere and bailing with IoT, 5G and memory is like bailing with cups on ship with huge leaks!
+1 OP
Same ppl must believe stockmarket with highs and green for every company stock is affected by Intel strategy hahahah..
Stocks and stock market is propped up high by design.
It is the temporary high before market crash !!
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If you took VSP or ERP, then your taxes, thanks to the lump sum, are going to be messed up for 2016 so now's not the time to sell a bunch of stock unless you really have to. I had to sell some to cover transition, but am holding on to the rest until a more favorable tax year. I think if you hold on to stock for a certain amount of time you pay a lower bracket. Plus, you do earn dividends quarterly on the shares you keep. I'm not in the grade or ranking where I get a lot of stock, but I tend to look at it as my emergency fund because I sure as heck can't actually save a true emergency fund just from salary. And of course now I don't have a salary, just the separation for as long as that will last.
July 19 will be the tell all for INTC, won't it? The entire market is up, even with losers at the moment. Let's see where INTC is at July 20th. The question regarding "Did the OP stupidly open his fat PIE HOLE" will finally have an answer. Good luck OP.