OT: Stock and Investment Talk
- Thread starter RU-05
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Besides BTC and ETH, I'm holding SOL and a few other Solana plays (which are taking a dip probably due to XRP's pump).
Finally!
Intel CEO steps down as chipmaker falters, lays off staff
Intel CEO steps down as chipmaker falters, lays off staff
Looks like it's trying to break through that 24-25 and change area I mentioned is resistance. Very good news. Of course who the replacement is important but the first step is recognizing part of the problem. Jensen and Lisa have any more relatives? lol
Jensen Huang Jr? Intel would be at $50 in a week! I'm still holding this POS so I'm hoping this is the start of a rally.
It’s still bottoming (that’s not usually a V but a process) in my opinion and has a ways to go to come out of it. I mentioned awhile back that 19-20 and change area looked like a good spot to possibly step in and it’s held that area and bounced to this current resistance. I couldn’t say that it will break this area convincingly any time soon but the news is hopeful at least. The replacement and the roadmap are the next key pieces that need to be defined to move meaningfully higher.
This was always going to be a slog similar to GE in some ways. That at least had a jewel, now 2 with the surprising rise of Vernova…INTC has solid pieces and is in the guts of enterprise on some level but nothing of the quality of aerospace at GE so still TBD.
I got in during the last big dip, so $25-26 (IIRC). And then round tripped the last rally. It does have valuable parts. I listened to a podcast with a chip expert and his thoughts on INTC were very interesting. Tale as old as time.....why invest in new tech (GPUs) that would eat your cash cow (CPUs)? Oops.
It was all about what NVDA was doing vs INTC. I will try to find it again.
Sold half my shares of DEFTF at 2.75. Nice profit with a cost basis of .87. I'd buy back in if it dips significantly.
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