Ali, I got a chuckle out of your post:
Re: You do not seem to fully understand the situation. Those people are suffering who are newcomers but were misguided by a continuous hype spreaded in SI by few very long Intel investors.
So what? This isn't a babysitting club. If there were people who allowed others make their investment decisions, maybe it's a good lesson. The sooner people take responsibility for their own decisions, and realize that it's their own money they are investing, the sooner they will more fully evaluate with their own reasoning when is a good time to buy, and when is a good time to sell.
I didn't own the stock in the 90's because it didn't look like a compelling bargain, and actually looked fully valued by my measures. Holding through earnings is always a gamble, and I think by now people know that. There was plenty of time to exit with minimal losses prior to earnings, even for those who bought at +$95. So people that decided to gamble made a deliberate decision to do that, and you win some and you lose some.
The tone of the conference call was bearish on the analyst side, and further, it was obvious that management wasn't exactly jubilant about their estimates for next quarter. Anyway, you get my drift. People need to try to learn and make good decisions.
DK |
