Intel Corp (INTC)

[wbmw]

Re: Goldman Sachs removed Intel Corp., the world's largest chip maker, from a list of preferred stocks on Wednesday, citing a recent sell-off in shares.

Another brilliant rear-view mirror reaction from a major investment firm.

So Intel was at $29, and GS had it as a preferred stock.

Now Intel is under $23, and GS has removed it.

Next week, hopefully Intel will be at $28, and GS can then add it back to their preferred stocks list.

Buy high, sell low....