Investing General Discussion

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Sanrith Descartes

Sanrith Descartes

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Sanrith Descartes said:
Sold the INTC I picked up in my mom's account with earnings dropping. Gotta play the percentages and INTC rarely disappoints. 18% gain in about 2 weeks. Assuming INTC screws earnings again tomorrow, It should be on sale again.
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Some shit is just too easy.

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Sanrith Descartes

Sanrith Descartes

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INTC -10%
For anyone sniffing around INTC (which I doubt in this crowd), it has a habit of double dip crashing. By this I mean it tends to dump and then dump again a day or two later. I wouldn't look to buy this dip. It will most likely be even cheaper next week.
 
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Sanrith Descartes

Sanrith Descartes

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Mist said:
But then I would take a huge loss if they actually get exercised or whatever.
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Well, yeah. I didnt mean like today. Once the assorted funds and other bag holder start buying this dog again and bring the price up some before the next earnings crash is what I should have added.
 
Fogel

Fogel

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You might have some time. I mean, last time INTC was at or below these levels it was only there for just 15 years.
 
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