Buffthestuff
:
we are in the beginning stages of a recession. The yield curve has been negative for 2 years. Everytime in history that's happened results in a recession once it gets back above zero. I sold my Intel at $32 Amazon reported bad numbers as well, Buffet sold Bank stocks, that was it for me. If you are still holding after the massive drop ..I would hold it you don't lose the money unless you sell the shares. This is actually a bullish move for Intel in the long run if they are truly trying to once again be relevant in the chip world. They can't do it with the high interest, high dividend, employees they don't need. etc. Elon trimmed Twitter 75% because they weren't needed. Intel trimmed $15,000 people they obviously didn't need x 40,000-100,000 per employee it sucks for them..but bullish for the company if they don't need them
Buffthestuff : we are in the beginning stages of a recession. The yield curve has been negative for 2 years. Everytime in history that's happened results in a recession once it gets back above zero. I sold my Intel at $32 Amazon reported bad numbers as well, Buffet sold Bank stocks, that was it for me. If you are still holding after the massive drop ..I would hold it you don't lose the money unless you sell the shares. This is actually a bullish move for Intel in the long run if they are truly trying to once again be relevant in the chip world. They can't do it with the high interest, high dividend, employees they don't need. etc. Elon trimmed Twitter 75% because they weren't needed. Intel trimmed $15,000 people they obviously didn't need x 40,000-100,000 per employee it sucks for them..but bullish for the company if they don't need them