intel

Now someone tells us why intel is taking a breather...........................................

http://www.fool.com/...a-breather.aspx

maybe I' m better at explaining it. It is called pumping the stock while distributing it before its good earnings are published
and shorting with no decency on earnings-day (out at closure) and the following day........ as well. It's a nice driven game where money is transferred from the hands of those that have few to the hands of those who have a lot. A sort of contrarian Robin-Hood game. All you have to do is knowing it.

It is called pumping the stock while distributing it before its good earnings are published

While they're pumping the price up, they're shorting...

Yesterday's options action on INTC...

It is called pumping the stock while distributing it before its good earnings are published

While they're pumping the price up, they're shorting...

Yesterday's options action on INTC...

Don' t know exactly how the whole thing is working.....................but I see an average daily intel's volume of about 60 million shares
and a volume on Thursday at close, before earnings, of 140 million shares with the title going up nearly 3%.........and on Friday an impressive volume of 198 million shares with the title giving back 3%. Probably you are right.............they heavily shorted on thursday and on friday they intensified their action....................

Edited by andr99, 16 January 2010 - 07:15 AM.