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Message: Intel

Rainer, good for you, but some are willing to go rich and hot!  

FJ, remarkable posts today, lots of time you put in!  Thanks. I thought we'd bounce back some at least early tomorrow, but you "rehabilitated the witness" so well after the Thursday and Friday disappointments, the bounce may have longer life.

As to why some sold a portion of their shares last week (or relatively recently), here's why I have sold about 8% of my shares recently.  

One factor is one's age and health.  If one feels a bit old and significantly over invested in a spec company, last Monday and Tuesday presented great opps to address a little bit of the over weight condition.  I tried for a very high price on Monday, and did not get close (1.02). I tried for a more doable price on Tuesday and got filled at .96, and the week prior I was pleased to sell some at .89, but that's only a total of 8%, and I'm old enough that I feel it prudent to unweight some. 

When you include a few like me in the mix and others exercising warrants or options, you understand why there may be selling pressure, and unless the price drops back significantly, I will likely not repurchase those shares.  Those shares were the first I'd sold in a long time, maybe a couple of years.  But I had been a happy buyer up until those sales.  

 

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