$Intel (INTC.US)$ i dont see the rational behind the price u...
$Intel (INTC.US)$ i dont see the rational behind the price up, it is just trump being elected as president not elected as Intel CEO, the fab is still bad, the latest product is still bad, the earnings is still bad, I guess there is no logics behind stock market ![]()
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Make it Big : It is the hope that Trump will do something to protect Intel from the fierce foreign competition like TSMC and Samsung and hopefully Intel can be on Par or flourish with Trump's help.
tataru : Market sentiment is difficult to predict in the short term but like you said and known that its isn't leading in any of their products and going downhill , just a matter of time before the stock reflects it's value. A matter of fact is this CEO has a trend to over promise and not deliver, it got away this quarter with a promise of gd guidance for next quarter. Sooner or later if he fails to turn around and deliver the results again it will bomb
sean lys : Yes you are right, there's no logic behind the price movement, because if everything move according to logic, there'll be no room for speculation
XxNephilimxX : I think the most appealing thing about Intel right now is that unlike the other newer chip stocks that are now reaching new all time highs Intel has been around forever and was actually at $50 earlier this year