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Joey Smith

04/19/08 6:37 PM

#61703 RE: drjohn #61700

re:but the callapse of INTC happened at around $28.

And, literally, at the beginning of the year, which seems more than a coincidence. So, do INTC investors have to dump their stock when it approaches $30 - so they dont get caught with their pants down again?? I dont like Intel's options/RSS approach, as it seems the stock price gets manipulated. If you want to keep the good people, then identify them and pay them a good salary.
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Sarmad

04/19/08 9:08 PM

#61712 RE: drjohn #61700

>> but the callapse of INTC happened at around $28.


Actually, each new high brought out a wave of selling. I think that was new in-the-money options. It seems now obvious that employees take their profit immediately. Likely a lesson learned from the '00-'01 crash when people exercised and held. Then were liable for taxes, and had a big loss.

A good lesson for us trying to profit from the stock. Sell at each new high, before the option exercise hots. because for sure they'll sell.