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shivam94_007
Oct 1, 2022 12:30 AM

Intel is also visiting multi decade support around 25$ Long

Intel CorporationNASDAQ

Description

Prime time for a bounce.
Disclaimer : Not a financial advice

Trade closed: target reached

There is your bounce. I'm sure it can go higher, but I'm out of the trade.
Comments
giloc
Book Value 24.65$ , Current Ratio 1.85 (!!!) P/E below 9 (INTC p/e is 5.5) Debt/current assets < 1.10 (INTC is 0.8) P/BV >1.5 (INTC is 1.85) Dividend Yield >0 (INTC is 5.5%). It's a gift. I have some Intec at an avg price 28.7$. I am accumulating slowly slowly cause as you know, the best deals are always during the bear markets and the people's craziness could push it to 15$ as well...So...I am buying it now and I'll continue to buy it till it gets 15$. Slowly Slowly On Monday the Dow L will close the gap up opened on November 4, 2020, so I could accumulate a few more INTC shares below 25.5$
shivam94_007
@giloc, That's a great plan for long term investment.
heavy_assault
@giloc, i know, on every financial metric it's crazy. but trailing financials don't tell u about the future of the company. intel=huge value trap.
giloc
@heavy_assault, I learned that during the recessions it's better to have some "value traps" than some overvalued meme stocks! I can be wrong. Time will tell.
heavy_assault
@giloc, agreed, intc is infinitely better valued than extremely overpriced meme stocks, such as the biggest bubble in history nvidia. though for recession i'd rather buy bonds at this point. bonds are cheap, stocks are expensive. market should be much lower, especially for growth stocks, to reflect 4.1%+ yields, stocks are just too expensive. intel with its p/e should not be affected by yields, even with 6-7% 10 year imo, intel's duration has been cut like crazy.

take aapl, how does it make any sense? p/e is the same as the 10 year bond, with hardly any growth going forward. wtf????

right now bonds=cheap, stocks=expensive.
VigorousEgg
Bought at 26 and it bounced indeed. Still looking to buy even more at lower prices. Somehow I think they will get their sh## together and mean time I can just take the dividend. AMD stock was 2$ too only a few years ago. Entry into new market (GPU) gives me confidence. Yeah, the first ones will probably not be amazing but we will see:)
heavy_assault
biggest value trap on wallstreet, intel's value trap status is similar to nvidia's tulip dotcom bubble status, nvidia is the biggest bubble on wallstreet just as intel is the biggest value trap on wallstreet.

i'll wait for teens thanks. might get to $15.
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