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The stock seems to be doing fine. Overvalued even perhaps. A P/E of 42 when you have Nvidia hitting them on the high end, Apple and ARM hitting them on the low
by omarforgotpwd 9y ago
The stock seems to be doing fine. Overvalued even perhaps. A P/E of 42 when you have Nvidia hitting them on the high end, Apple and ARM hitting them on the low end, and AMD continuing to commoditize their offerings? I personally would not buy or hold at that price. I don't think there's anything illegal about selling the shares as soon as he executed on them, as he'll need to at least sell some to cover the tax liability, I think.
- mythz 9y agoINTC only has a P/E Ratio of 15.86 https://www.google.com/search?q=NASDAQ:INTC&tbm=fin https://www.google.com/search?q=NASDAQ:INTC&tbm=fin
- omarforgotpwd 9y agoAh my mistake I must have misread.
- IncRnd 9y ago> A P/E of 42 You're confusing Price and P/E.