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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 o
by 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 agoDoesn'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 agoOh I am sure he knew. But just because he knew does not mean it will insider trading.