To a person who bought $700k worth of INTC… sell this stock now and split the remaining money between a high-yield savings account and VOO…
Intel heads for worst day on Wall Street in 50 years, falls to lowest price in over a decade…
byu/IP_1618033 inwallstreetbets
Posted by IP_1618033
41 Comments
If you would have bought in the late 90s and never sold you’d be about even right now. Utterly dog shit company. At this point it’s a generational rite of passage to get burned by Intel. A value play implies there’s value to be had.
Is u/sad_nefariousness10 in the room with us now?
But the chips act
Take a look at MU too. It keeps going down
Owning this stock is like sticking your balls in a vice and start tightening the screws. Everybody’s yelling at you that you could just turn it the other way and just get out, but you’ve grown to like the pain and just keep tightening.
My portfolio got crushed because of intel 😢
this post is the definition of keep beating the dead dog. It is the granpa whos late to the meme party and insist on using it. It is the 110th million guy who use hawk tuah meme
I remember reading about the guy who spent the inheritance from his Nana on INTC and I was thinking “bold move” but it’s wrooong.
The last time you see prices this low was in 2015… thats how shitty the stock is.
200k down in a single day… poor kid
https://preview.redd.it/fhivz1ktcagd1.png?width=913&format=pjpg&auto=webp&s=c566544861c3483e96796ea079d12564ddf77557
hell, buy TLT and make it back in a year (maybe)
For someone who owns zero intel shares I just picked up 200 shares for cheap today
They’re a bag holder now. Maybe in a few years they’ll have some cash.
So, do i buy calls now or later!? ![img](emote|t5_2th52|4271)
He is (was) a math major. He might now be switching to bag holding. I hear more and more people are getting into it lol
I made a boat load of cash on my 8/2 30p contracts, picked up some lotto 8/9 20p because I don’t think they’ve found the floor yet
should’ve bought sneakers
🤣🤣
It’s fine, he didn’t need the money since he studied math at a university 🙈
His nana would be proud of him if he bought intel puts yesterday instead of shares
Just imagine how the employees are feeling now there ….truly embarrassing and I wonder how the US can’t make a good manufacturing business……car, airplane, semi chips….they suck, simply suck….
orrrrrrrrrrrr, buy 700k more and cut your cost basis in half!
Oh, I thought Intel guy dumped his inheritance into Intel *after* the 25% drop. He’s having a bad day.
And here I was thinking owning pypl was bad
It’s not done yet. 😂😂😂🤣🤣🤣
So what happened to Intel? Why the huge drop?
I’m a complete normie, all my investments are index funds, but THIS is why I keep coming back to this sub. I’m friggin dying over here lmao.
No, he should drop it all into a penny stock trading for $0.0001. The only direction it can go is up!
Intel kid can’t sell, he’s Intel kid. He’s all in, forever.
I just need it to drop by another $20 bucks then I’ll be set for life
I guess long calls something like 30 2026 is a good idea lol
just bought me a whole bunch at 20$
I get the intel hate but how many other dogshit companies are running on valuations which are actually ridiculous? Intel has been fundamentally undervalued comparatively even at $30, but again that’s assuming the stock market is actually rational and not algo shitstorm
If CVNA is at 140$ I don’t take anything seriously in this market. INTC can rocket to $50 this year and I wouldn’t be surprised, clown world.
Hmm maybe time to buy some shares.
Where’s the dude that put 700k in this yesterday smh
It was ridiculous to buy a single stock with that amount of money anyways.
Yet zero accountability in executive ranks –
Shameful
Out of all stocks he chose, he chose the one that historically performs bad
buy ARM… it’s the king of cpu’s and will be big time in GPU for mobiles soon… and will be eating the market for laptops and desktops from Intel and amd… also once market picks up it will be back to $160 to $170 within days… buying shares now can net you $60+ premiums for dec 2026 covered calls when it hits $160… had sold tons of covered calls and just bought them all today… tons made
From essentially being a monopoly to this shit…. AMD ryzen and their new line up was a much bigger dick down on intel than initially assumed I guess lol, get fucked intel