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I was originally defending this logic.. I've since changed my mind. Two major points (1) Intel was informed in June. His stock sale was planned in October and

I was originally defending this logic.. I've since changed my mind. Two major points (1) Intel was informed in June. His stock sale was planned in October and executed in November. You'd have to believe that somehow the CEO was not informed about this vulnerability during this huge time period. (2) This wasn't a normal executive stock sale. He dumped all of his shares other than the required minimum holdings. The vulnerabilities aside, this just looks bad in general. I'll give you that this plan seems pretty unimpressive. I just have a very hard time buying the idea that Intel kept him in the dark all those months and that him dumping all of the stock he possibly could is some sort of coincidence.

sseveran 9y ago
It does not have to be related to this. INTC is at an 18 year high. They also crushed their Q3 earnings. Maybe this is a sign that there will be less crushing of their Q4 earnings. Technically this was a normal executive sale. He is holding the required shares and is the second largest inside shareholder after Andy Bryant, the chairman. In general INTC executives own very little stock. I have been somewhat bearish on INTC for a variety of reasons and now I will add what appears to be the lack of insider ownership to that list. https://finance.yahoo.com/quote/INTC/holders?p=INTC https://finance.yahoo.com/quote/INTC/holders?p=INTC
- rando444 9y ago
  Doesn't have to be related.. but do you honestly think that the employees at Intel would have kept such alarming information from reaching management for 5+ months? To reach that scenario you'd have to have engineers lying to their bosses about what they're working on, or managers hiding information from executives. It's possible, but I don't buy it.
  - sseveran 9y ago
    Oh I am sure he knew. But just because he knew does not mean it will insider trading.

sseveran 9y ago

It does not have to be related to this. INTC is at an 18 year high. They also crushed their Q3 earnings. Maybe this is a sign that there will be less crushing of their Q4 earnings. Technically this was a normal executive sale. He is holding the required shares and is the second largest inside shareholder after Andy Bryant, the chairman. In general INTC executives own very little stock. I have been somewhat bearish on INTC for a variety of reasons and now I will add what appears to be the lack of insider ownership to that list. https://finance.yahoo.com/quote/INTC/holders?p=INTC https://finance.yahoo.com/quote/INTC/holders?p=INTC

rando444 9y ago
Doesn't have to be related.. but do you honestly think that the employees at Intel would have kept such alarming information from reaching management for 5+ months? To reach that scenario you'd have to have engineers lying to their bosses about what they're working on, or managers hiding information from executives. It's possible, but I don't buy it.
- sseveran 9y ago
  Oh I am sure he knew. But just because he knew does not mean it will insider trading.