Up about $1 on instinet...not a big deal. I think some people already knew about it, hence, the runup today.
BTW, I've never considered shorting INTC (I know that you know that, but some other people might not).
Intel was the very first stock I ever bought...in July 1995 after the earnings disappointment. I was foolish back then, and got in right at the high when it bounced up to 67 a few days later.
I never sold those shares, but as a wiser investor a few months later, I was a big buyer. Especially in January in the low 50s.
I don't really care about tonight's instinet trading....I'm just happy about the confirmation that business is GREAT!
INTC, MSFT, CSCO, and NKE, are stocks that make up the core of my portfolio...I am a trader, but it is refreshing to be in some stocks for the long-term....takes the headache out of worrying about their every move.
Good Luck
Sal Habash |