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Sarmad

04/18/09 10:13 AM

#79427 RE: joseph pareti #79423

>> selling at < $16 carries a higher risk; what if there are analysts' upgrades? next week?

I used to worry about "missing the up move". But it is not a valid concern.

Even if INTC were to quickly rise to $20/sh, it will not happen in one move. It will happen over a period of months, or a year. And there will be many jitters up and down on the way from here to there. At least $20 worth of individual tradeable $0.50 moves between now and 20.

And even if at the open on Monday INTC gaps up to $20, there would still be a couple of 50c moves per week for the next many years after that.