Long Intc....looking For Ideas

Thanks for the response...we'll have to see tomorrow how things play out!

 

I need a number before I can advise a game plan .


What is the cost basis ?

 

I agree

 

Do what you like but I say it will head back up tommorrow and make a higher high.

 

Cost basis is yesterdays close.

 

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Looks like most of damage has been done now,and
not a prediction, but looks like premarket buying.

INTC does usually get some good buying around 52 week lows;
better close a position late than never.

 

how much do you want to bet?

 

Definition of a long term hold. A bad trade.

Close the thing out and move on.

 

Im long here pre mkt at 23.05...not that what I think matters. will stop out at 22.55

 

Thought I'd post an update. I exited 1700 shares at a loss. I am going to trade the last 1000 over the course of the next few months. The market has been fairly strong and my guess is that I will be able to make at least 60% of my losses back over the next two months.

Thanks for your advice...good trading to all!