Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 07-16-2014, 01:33 PM   #21
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,043
I am selling INTC too. At this yield, there are better companies with better dividend growth prospects.
__________________

__________________
FIREd is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-16-2014, 02:07 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by harley View Post
Well, you talked me into it. I checked and my cost (split adjusted) was around $4. So I sold all my shares (212). Now I've made myself a note to check the price in a couple of months. If it's dropped back down I'll repurchase it in my Roth.

I'm trying to move all my individual stocks into my Roth so I can trade without worrying about taxes. Not that I trade often (as evidenced by holding INTC for over 20 years), but there have been a couple of times I would have liked to sell something (AAPL) that jumped up after I bought, but would have incurred STCG tax. I sold the rest of my AAPL earlier this year. I've about maxed out my 0% LTCG capability for the year, unless I want to cut into my Roth conversion bucket.

I love this financial stuff! At least when I make money.

That is my problem and it goes back to my mental accounting which is dumb. I do not have my brokerage account to set up through my Roth on purpose so I can't buy stock with that money. But in reality, my money is my money and where I lose it is not that consequential. Since I bought this through my regular account, I get the privilege of paying LTCG tax and 6% state added on.



Sent from my iPad using Tapatalk
__________________

__________________
Mulligan is offline   Reply With Quote
Old 07-16-2014, 02:09 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by NW-Bound View Post
That's it! I am looking to buy INTC, now that two posters have sold.

NW, it probably wouldn't be the worst investment decision you ever made based on this info, as Fire'd has joined us too. Now there are 3.....Next stop $40 by the end of the month!


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 07-16-2014, 02:16 PM   #24
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,043
Quote:
Originally Posted by Mulligan View Post
NW, it probably wouldn't be the worst investment decision you ever made based on this info, as Fire'd has joined us too. Now there are 3.....Next stop $40 by the end of the month!
+1 I am not a momentum guy and tend to sell too early.
__________________
FIREd is online now   Reply With Quote
Old 07-16-2014, 02:21 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by FIREd View Post
+1 I am not a momentum guy and tend to sell too early.

All I know is if it goes up $5 after I sell, I will not be nearly as steamed if it had instead fell $5 and I didn't sell when I wanted to.


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 07-16-2014, 03:40 PM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,406
Quote:
Originally Posted by Mulligan View Post
NW, it probably wouldn't be the worst investment decision you ever made based on this info, as Fire'd has joined us too. Now there are 3.....Next stop $40 by the end of the month!
I am thinking, I am thinking...
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 07-17-2014, 06:29 AM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
 
Join Date: Oct 2006
Posts: 7,450
I wrote some 30 covered call when the stock was at $27 and of course the stock continued to go straight up. After languish for a dozen years now you decide to go up..

Long time Silicon Valley writer Michael Malone makes a compelling case that Intel is still the most important company in the world in his new book Intel Trinity. His hypothesis is that even after 40 years Intel, by continuing to pursue Moore's Law with a passion is setting the pace for the rest of the tech industry. Or too put it another way if Intel disappeared tomorrow the pace of change and innovation would slow cause Moore's law would move from chip performance doubling every two years to say every 3 years.

Now if that still makes a great stock is completely different story. I'm going to probably let the stock get called away and I'm certainly not a buyer at this level.
__________________
clifp is offline   Reply With Quote
Old 07-17-2014, 07:32 AM   #28
Thinks s/he gets paid by the post
 
Join Date: Jul 2012
Location: Mississippi
Posts: 1,877
I still hold, I bought chunks when it was around $20 a couple of time. I bought for the dividend and it is part of my retirement "paycheck" so I probably won't sell, but an almost 10% jump yesterday sure makes it tempting.

One way to play it was already mentioned, take out your original purchase and let the rest run, you're playing with houses money then.
__________________
rbmrtn is offline   Reply With Quote
Old 07-17-2014, 08:13 AM   #29
Thinks s/he gets paid by the post
 
Join Date: Sep 2012
Location: Seattle
Posts: 2,906
Bah, I had 2000 shares at $22 but sold them at $23 for a quick profit. Ah well...win some, win some I guess.
__________________
Fermion is offline   Reply With Quote
Old 07-17-2014, 09:03 AM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by rbmrtn View Post
I still hold, I bought chunks when it was around $20 a couple of time. I bought for the dividend and it is part of my retirement "paycheck" so I probably won't sell, but an almost 10% jump yesterday sure makes it tempting.

One way to play it was already mentioned, take out your original purchase and let the rest run, you're playing with houses money then.

That is more or less what I did yesterday.


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 07-17-2014, 09:18 AM   #31
Thinks s/he gets paid by the post
 
Join Date: May 2014
Location: Utrecht
Posts: 2,212
I bought INTC somewhere in the last 12 months, too lazy to look it up precisely when. It's up 20% or so on my cost base.

Not planning on selling anytime soon. I think it's probably fairly valued right now, but it's a great company in a good industry so happy to hold.

My rationale is that Intel has a high return on capital (15% - 20% or so) in a very capital-intensive business with large R&D investments, all resulting in a huge moat. In addition, the market they are in will only keep increasing.

So there is a good chance they'll continue to greatness.

In the mean time, they give off a bit of dividends and buybacks.
__________________
Totoro is offline   Reply With Quote
Old 07-27-2014, 01:54 PM   #32
Full time employment: Posting here.
 
Join Date: Oct 2012
Location: Reno
Posts: 556
Quote:
Originally Posted by Mulligan View Post
This stock has really jumped and I wonder if it has anything left. I was considering selling it. If the after hours price holds I have almost doubled my money in a little over a year and a half. I bought it really to collect dividend checks as it was almost 4.5% when I purchased it, but now the rate at current price is under 3% and they haven't raised it for several years. Would you hang on and let it ride? I know they got a pop from the laptops today but that doesn't seem to be a long term positive and all the other things they are in now, I could describe them and act like I know what I am talking about, but in truth I would just be bloviating.


Sent from my iPad using Tapatalk

IMO I liked the cash flow and the expected increase in earnings. I bought at 21 and 23 about 18 months and 12 months ago.

I would consider selling 1/3-1/2 of the position to "harvest expected dividends" in the form of capital gains, then let the ride maybe with a a 10-15% stop limit protecting your gains. Just a thought.
I did this with CAT about 5 weeks ago and got stopped out after it released earnings this week. I thought the 30% run off and increase in PE made it fully valued; might buy it back if there is a nice correction this summer. I like Intel's future and valuation better than CAT, so I used a limit order for the whole position on the assumption I might be able to buy it back at a cheaper price and PE.

I see rbm made essentially the same suggestion, and Totoro's rationale for holding is essentially mine, although Intel's cash flow accumulation is impressive. Also Mr. Softy, which I also own.
__________________
RobLJ is offline   Reply With Quote
Old 07-28-2014, 07:47 PM   #33
Recycles dryer sheets
 
Join Date: Jul 2013
Posts: 345
I own Intel in my HSA account. The balance of the account is mostly in cigarette and booze companies. If I were to sell the Intel, I would need to find some sinful stock to replace it. Anybody have suggestions? Maybe some fast-food stock.
__________________
Clone is offline   Reply With Quote
Old 07-28-2014, 08:57 PM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by Clone View Post
I own Intel in my HSA account. The balance of the account is mostly in cigarette and booze companies. If I were to sell the Intel, I would need to find some sinful stock to replace it. Anybody have suggestions? Maybe some fast-food stock.

That is the problem with selling....now that I sold mine I have 10,000 in the sweep money market account, and I don't know what to buy yet. I wish Intel would just drop $10 real quick and I would buy it back again!


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 03-27-2015, 02:43 PM   #35
Thinks s/he gets paid by the post
Free To Canoe's Avatar
 
Join Date: May 2008
Location: Cooksburg,PA
Posts: 1,738
The Edward Jones guy recommended that our Stock club sell Intel. I see that it is doing quite well today. The explanation was competition from AMD is going to hurt them. Ha. Do they have serious foreign competition?
__________________
Free to canoe
Free To Canoe is offline   Reply With Quote
Old 03-27-2015, 03:13 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by Free To Canoe View Post
The Edward Jones guy recommended that our Stock club sell Intel. I see that it is doing quite well today. The explanation was competition from AMD is going to hurt them. Ha. Do they have serious foreign competition?

I kept 200 shares after locking profits last summer. I wont buy again, but I wont sell these either. They will either go bankrupt or go to the graveyard with me.


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 03-27-2015, 03:40 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
 
Join Date: Oct 2006
Posts: 7,450
Intel had nice jump today on rumors of a take over of Altera. As I said earlier in the thread IMO Intel is $25-$30 dividend stock, with the higher market I'd make that to $30-$35.

I wrote some cover calls at $35, but I let the tax scare me and closed out my position (at a loss) instead of following my head and letting the stock get taken away.

AMD isn't really competition, but ARM certainly is, and Intel's mobile solutions while improving are still playing catchup.
__________________
clifp is offline   Reply With Quote
Old 03-27-2015, 04:19 PM   #38
Thinks s/he gets paid by the post
 
Join Date: Mar 2010
Posts: 1,649
I still own 600 shares of Intel. Bought at $19.56 (2012) and $23.94 (2013) with a unit cost of $21.76. Hold it in my IRA accounts. Have a 47.09% gain after today. Bought it more for the dividend so it's nice to have a buffer of cap gains.

I had been hanging onto KRFT too after the Mondelez spin off. Thought periodically about selling since I had only 250 shares. Didn't sell. Nice bump this week with the Heinze announcement.
__________________
sheehs1 is offline   Reply With Quote
Old 03-27-2015, 05:40 PM   #39
Thinks s/he gets paid by the post
powerplay's Avatar
 
Join Date: Oct 2008
Posts: 1,380
I have about 250 shares of Intel and plan to hold on to it. Most is in a DRIP account and some in Ameritrade.
__________________
powerplay is online now   Reply With Quote
Old 03-27-2015, 07:15 PM   #40
Full time employment: Posting here.
ESRwannabe's Avatar
 
Join Date: Mar 2010
Posts: 630
Quote:
Originally Posted by Free To Canoe View Post
The Edward Jones guy recommended that our Stock club sell Intel. I see that it is doing quite well today. The explanation was competition from AMD is going to hurt them. Ha. Do they have serious foreign competition?
AMD No INTC has thoroughly crushed AMD.

The worry for INTC is from ARM, which dominates cell phones. They have been working on making chips worthy of server computing and if they can get into that market it could go very badly for INTC.

The other worry for INTC would be IBM's OpenPower organization which they created to make POWER viable outside IBM mainframes. POWER chips could also pose a threat to INTC. There is some momentum behind their use in China.

I have owned INTC in the past but do not currently own it. If I did own it I would probably take the capital gains.

INTC has been somewhat screwed ever since they missed the mobile phone revolution. They still do great in the data center but that may not last. Other issue is that INTC's foundry expertise is a double edged sword. The other competitors (ARM, POWER, AMD x86, etc) all go with the foundryless option, which means Global Foundries, Samsung, and TSMC all get to benefit from pooled resources. INTC on the other hand has to fund it all by itself outside of some minor foundry deals.
__________________

__________________
ESRwannabe is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Anyone play the sell Intel in the upper 20s and buy in the lower 20s game? Mulligan Stock Picking and Market Strategy 15 01-15-2014 08:29 PM
Considering selling TIPS and buying Treasuries Today Safe Harbour FIRE and Money 3 08-01-2011 11:46 AM
Intel / INTC? ERD50 Stock Picking and Market Strategy 13 01-25-2009 10:33 AM
Anyone considering tax-loss selling? Nords FIRE and Money 29 09-30-2008 02:46 PM
Microsoft "fudged" Vista for Intel?!? Nords Stock Picking and Market Strategy 54 03-04-2008 05:28 PM

 

 
All times are GMT -6. The time now is 04:59 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.