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birb_cromble  3d ago (text post)   523 thread views

Weekly Finance Thread - 2026-07-11

A weekly thread to discuss financial matters - from personal all the way up to global.

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I'm terrible at picking entry prices. I just kept loading up after Pat Gelsinger was back in as CEO because I thought someone would realize Intel is an indispensable American company with Taiwan off the coast of an increasingly belligerent China. I believed in his vision for Intel and the turn around of their foundries. I bought from $60 when he first got in, and loaded up pretty heavily down in the 20's and 30's too.

I no longer have that thesis for Intel. I'm almost certain the new CEO is a hatchet man, who's only brought in to generate some headlines and goose the share price ahead of pieces of the company, or the entire company, being sold off for the best price they can manage. I cannot imagine after all the layoffs and devastated morale that the company still has the institutional knowledge to capitalize on the tepid fruits of Pat Gelsinger's plans anymore. So I took some profit where I could, protected my original investment, and I'm curious to see where the rest goes. Maybe Intel will get sold to Nvidia, or the US Government, or who knows who, at $160/share or something.

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