INTC: New high likely to shift sidewaysINTC is in the 5G competition this year. It has moved out of a short-term sideways pattern to a new high, but not a new all-time high. The previous all-time high of 2000 was approximately $75.00. VWAP orders are likely to chase. The pattern may shift sideways again.
INTC
SOLD 3 MILLION SHARES. $25 MILLION PROFITWE WERE AND STILL ARE BULLISH ON MICRON BUT...
OUR AVERAGE COST WAS DOWN TO AROUND $30.77 AFTER LOWERING OUR COST FROM THE HIGHER PRICES WE PAID, UPWARDS OF $59 A SHARE
THE STOCK WENT UP OVER 10 POINTS WITHIN A SHORT PERIOD OF TIME
NOW, THE NEGATIVITY RETURNS TO THE CHIP SECTOR FROM DOGS LIKE NVIDIA...WE MENTIONED IN A PREVIOUS POST NVIDIA WAS A BUBBLE AND NOW OUR POST IS COMING TO LIGHT
NVIDIA HAS LOWERED REVENUE HOW MANY QTR'S NOW? WE WERE RIGHT WHEN WE POSTED NIVIDA WAS OVER PRICED AND WE ARE STILL RIGHT TODAY!
WE CLOSED OUR ENTIRE MICRON POSITION SELLING 3 MILLION SHARES
AVERAGE COST: $30.77
PROFIT: $25.5 MILLION
WE STILL FEEL MICRON WILL TRADE UPWARDS OF $100 IF YOU HOLD THE STOCK FOR THE LONGER TERM
AS FOR THE BUYOUT, WE WOULD LOVE THE WESTERN DIGITAL / MICRON MERGER RUMOR THAT WE HEARD ABOUT COME TO LIGHT, THAT WOULD BE ONE AMAZING COMPANY COMBINED!
BEST OF LUCK TO THE LONGS!
BULLS MAKE MONEY, BEARS MAKE MONEY, PIGS GET SLAUGHTERED! - DON'T BE GREEDY
Intel Releases their Annual ReportINTC Annual Report
Five years ago, we set out a strategy to transform from a PC-centric to a data-centric company. Our 2018 results serve as a strong proof point that our strategy is working and our transformation is well underway. We achieved record revenue and earnings per share (EPS), driven by strong business performance, continued operating leverage, and a lower tax rate. Revenue from our data-centric businesses collectively increased by double digits. Our PC-centric business grew above our expectations and continued to be a source of profit, cash flow, scale, and intellectual property (IP). While we have had delays in implementing our 10 nanometer (nm) manufacturing process technology, we have continued to innovate in our 14nm products, introducing leadership products that deliver more value to our customers. We've expanded beyond PC and server businesses with significant growth in adjacent products, and gained share in an expanded $300 billion TAM1. Our employees are executing to our strategy by developing compelling technology and delivering innovative products to our customers, enabling strong financial growth.
INTC: Earnings, 5G and HFT Gap RiskIntel is moving rapidly to capture the 5G market, along with Verizon. This was discussed in detail in our recent annual Virtual Course, this time on Emerging Displacement Technologies for the Next Decade. INTC stock has been struggling at a support level, not moving down much but also without a strong pre-earnings run as many blue chip companies enjoyed. The reason is there are some institutions selling, as seen in rotation patterns and other institutions buying in accumulation patterns. Hence, the trading range pattern on the daily chart. For now the sellers have more dominance, but that can change. The Earnings report is due today after the market close. HFTs are likely to be all over it, which means there is gap risk, and they will trigger either way on earnings news.
INTC Potentially lowerINTC brings up a buying chance but I prefer to wait and get a better price. At the moment I'd like a short position and the target around 44 it looks ok.
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CALL YOUR BROKER, BLOCK "SHARE LOANING" TO SHORT SELLERS!Hello folks,
THIS GOES FOR ALL PUBLIC COMPANIES, NOT JUST TESLA - PLACE A BLOCK ON YOUR ACCOUNT(S)
Many may not be aware of this corrupt Wall Street loophole, when you sign a brokerage account, fine print in your contract allows the brokerage firm to loan out your shares to short sellers.
It's like buying a Rolls-Royce and you paying the loan, and the company turns around and loans the car out to another person while you are not driving the car and profiting off both sides at your expense.
Stopping Short Sellers from accessing your shares will stop a lot of the market turmoil.
Wall Street Corruption at some point must stop.
Don't wait, call your broker and DEMAND IT, they will be very surprised you are asking them and hesitant to freeze your shares.
THEY MUST FREEZE YOUR SHARES ESPECIALLY IF YOU HAVE A CASH ACCOUNT! DO NOT TAKE NO AS AN ANSWER!!!
IF YOU HAVE A MARGIN ACCOUNT AND DEPENDING ON HOW MUCH THE ACCOUNT IS WORTH, IF THEY DO NOT WANT TO LOSE YOU AS A CUSTOMER, THEY WILL FREEZE SHARE LOANING ON YOUR MARGIN ACCOUNT TOO.
ADDED 1,000,000 SHARES - POSSIBLE BUYOUTWe heard a rumor that at least two to three large chip companies approached Micron about a takeover.
Is the rumor true, we are trying to find out.
We can say this, after looking at the stocks / P/E's of lesser public companies, in the computer / technology industries and other industries, and then looking at the price of Micron, if the company is not purchased by Intel (INTC), Qualcomm (QCOM), Taiwan Semiconductor (TSM), Qorvo (QRVO), Microchip Technology (MCHP), Western Digital (WDC), Broadcom (AVGO) or someone else, it will be a miracle.
Look at Cracker Barrel (CBRL), trading at 19 x trailing 12 months, with a P/E of $9.00...STOCK PRICE = $172.00 (yes, we understand it's a restaurant - that doesn't change earnings for earnings or P/E for P/E)
So, even if Micron sales drop, and E.P.S drops to between $8.00 and $9.00, the stock should be trading upwards of $175..? No..? E.P.S is E.P.S right...?
Cracker Barrel has a market cap of only $4.2 Billion while Micron has a market cap of $41 Billion...
Look at MCHP, trading at $73.00 with a market cap of only $17 Billion... P/E....? 32 x trailing 12 months...? OMG!
Look at QRVO, trading at $63.50 with a market cap of only $7.7 Billion... P/E...? 460.33 x trailing 12 months...? OMG!
MICRON is one of a handful, if not the only UNDERVALUED STOCK ON THE STOCK EXCHANGE
Corrupt Analysts calling for more of a drop in the price of Micron could soon be kicking themselves in the teeth!
We will continue to keep adding Micron to our portfolio at these FIRE SALE PRICES!
IT'S REALLY DISGUSTING WHAT IS HAPPENING TO MICRON!
WALL STREET HAS MICRON ALL WRONG AND SOON, THEY WILL ALL BE JUMPING OFF BUILDINGS!
HAPPY THANKSGIVING TO ALL OUR FOLLOWERS!
INTC Potential Short Set UpI think this is a relatively safe set up because of the way tech is looking as a whole.
Wait for price to break yellow line for extra confirmation of trade playing out.
Conservative stop is still pretty solid in terms of risk so hypothetically it could run that long and still play out. But probably best to just use the tighter stop, especially if yellow line is broken.
Deeper targets are very likely when this starts.