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birb_cromble  3d ago (text post)   516 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 finally sold some of my INTC holdings a while ago at 136/share up from about a 37/share cost basis. Sold off about 1/3rd of my stake and decided to let the rest ride. That's worked out pretty well.

Finally cut MSFT loose too. This latest round of layoffs with H1B applications just makes clear the looters at the top are wholy dedicated to converting the entire market cap into H1B's. Product quality be damned. I was holding on for a while since line kept going up, but I'm out now. Still walked away up 100%.

What is your rationale for keeping 2/3rds of it? Do you see more upside?

Well, I know its a bad way of thinking about it, but its "house money" now. I've already recouped my investment, saved for taxes, and rotated it into a mutual fund. And like I said, I still think the CEO is going to sell the company. So maybe the buyout price has more upside.

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