All,
I'm surprised by the angst being posted on this thread. About a year ago, Intel was selling for 49 bucks, it's about triple that now.
Everyone expected a blow out quarter, everybody planned to sell the news. What did everyone expect the stock to do today? Now we've got people writting off this company on a one day move of a couple of points. If anyone had said a year ago that Intel may be the worlds most profitable company in 1997, I would have thought they were crazy.
Relax, a couple of days, weeks, month from now, Intel will be at all time highs, and people will be upset they passed on this buying opportunity.
John
BTW, I also believe the MM's have the ability to manipulate the price of Intel, but I'm not sure that is the basis for todays moves. |
