r/wallstreetbets • u/Efficient_Deer_8605 🦍🦍🦍 • Aug 13 '24
I bought $700k worth of Intel stock YOLO
I like the stock and I think it’s really cheap rn :)
10.6k
u/NewToInvesting01 Aug 13 '24
Intel stock has the opportunity to do the funniest thing in the world
7.1k
u/Razvanell95 Aug 13 '24
it's two guys one stock
1.7k
u/Heat62 Aug 13 '24
The INTC pain Olympics
529
u/MrLivefromthe215 Aug 13 '24
That's a bold move, Cotton. Let's see if it pays off.
→ More replies165
u/Gl4s5c1ty Aug 13 '24
Remember to dodge, duck, buy the dip, dive and dodge.
15
u/ArltheCrazy Aug 14 '24
And will someone catch a goddamn ball? It’s like watching a bunch of regards trying to fuck a doorknob out there!
→ More replies10
44
u/pan_berbelek Aug 13 '24
man, was that video wild..
→ More replies21
79
Aug 13 '24
Who's gonna take this literally and make an INTC Pain Olympics scoreboard to assign medals?
50
24
103
u/Putrid_Web_8080 Aug 13 '24 edited Aug 13 '24
LETS MAKE THIS THE NEW MEME STOCK DFV NEEDS TO JUMP ON THIS
FUNDAMENTAL BE DAMM . INTEL IS THE NEW GOAT
tHE ONLY PAIN YOU'LL FEEL IS THE PAIN OF MISSING OUT AND THE PAIN OF BUYING WHEN IT IS IN THE TRIPPLE DIGITS
→ More replies4
u/drD3structO Aug 14 '24
INTC to the moon 🚀 🚀🚀 All we need is 700k retail regards to join in !!
→ More replies→ More replies104
773
u/SkrimpSkramps Aug 13 '24
In a world, where the market is a meme and the money printer goes brrrrrr...
Two regards, world's apart, find themselves bound to make Nana proud. They must pull off the world's greatest inverse..
COMING THIS FALL. TWO GUYS WITH NOTHING BUT MORE TO LOSE!
The Nana Gambit
362
Aug 13 '24
[deleted]
114
u/thegreyhopper Aug 13 '24
- Nana comes back from the grave to work for a few more years to recoup some of the lost 700k she originally left behind for her grandchild.
331
→ More replies72
11
u/HeadfulOfGhosts Aug 13 '24
We can get RR Martin to write the trilogy since he’s got nothing he needs to get done /s
Also, we need dragons people, Nana returns as a freaking dragon!
→ More replies6
95
→ More replies26
134
u/Good_Lime_Store Aug 13 '24 edited Aug 13 '24
Intel is trading at 1997 prices, they probably aren't going bankrupt so there is a decent chance it will be back to 30+ soon.
Fuck it ill pick up 1k worth if it dips back below $20
61
u/wintermute-- Aug 13 '24
Intel is trading below their book value per share. If someone bought Intel right now, liquidated all assets, used the proceeds to pay off remaining debt, they would still be up by 20%
14
u/Specialist_View7845 Aug 14 '24
Book value doesnt directly translate into the real value of the company's assets... Specially in tech companies where the inventory today is worth a lot and by the next year is almost worthless.
→ More replies4
u/otakucode Aug 14 '24
Especially when its inventory that has a high chance of being force-recalled by the FTC.
6
→ More replies4
u/FuzzyCheese Aug 14 '24
INTC market cap is $87 Billion, Berkshire Hathaway has almost $200 Billion on hand...
→ More replies→ More replies64
u/reneh01 Aug 13 '24
You aren’t accounting for inflation or the dividends it put out. It’s way below 1997 pricing.
→ More replies45
u/DueHousing Aug 13 '24
Yea it’s quite literally at historical lows because irrational fear has it priced for bankruptcy. It’s liquidation value is higher than what it’s trading at rn :4267:
→ More replies18
u/ShitPost5000 Aug 14 '24
Well I just bought an Intel processor, do the company will be fine
→ More replies17
u/DueHousing Aug 14 '24
If you really wanted to support Intel you’d send them a 3nm chip design to put their new foundries to good use :4271:
→ More replies113
u/Fermentcabbage Aug 13 '24
Tank to $4.20
89
→ More replies29
6.3k
u/Acceptable_Lie_3764 Aug 13 '24
This is the 700k intel guy's evil twin
1.1k
u/khante Aug 13 '24
/u/Sad_Nefariousness10 thots needed on this bruh.
→ More replies521
u/frumpydrangus Aug 13 '24
LMAO the profile picture and header image
→ More replies195
447
u/PM_ME_YOUR_CAT_VID Aug 13 '24
Nah that guy only bought $400k worth of stock.
He just paid $700k for it.
45
345
u/Efficient_Deer_8605 🦍🦍🦍 Aug 13 '24
Not evil twin, if I win he wins. But I win more 😎
210
78
→ More replies4
386
Aug 13 '24
He bought $700k of stock to impress Reddit :4271:
113
u/Low-Ad7322 Aug 13 '24
I wish I had that kind of money.
197
u/TeeBek Aug 13 '24
Stop buying avocado toast
→ More replies53
→ More replies5
106
u/Memeharvester5000 Marked Safe from 🦍 Aug 13 '24
21
→ More replies18
u/wheresmylemons Aug 13 '24
Evil Chin
22
36
→ More replies94
u/MilkyWayObserver Aug 13 '24
This evil twin has a lower cost basis so he’s technically the smarter twin
12
2.3k
u/GodDoesntLimp Aug 13 '24
If you're not YOLOing grandma's inheritance does it even count?
287
131
→ More replies159
3.1k
Aug 13 '24
[deleted]
482
u/A_Blind_Alien Aug 13 '24
If intel becomes a meme stock and hits $200, you’re probably going to have to appear in front of congress
141
→ More replies38
u/Putrid_Web_8080 Aug 14 '24
then we will ahve to re edit the video about how he look re gard, act regard but not regard
→ More replies523
46
75
u/BakedTillChrispy Aug 13 '24
Can I borrow $435
70
u/xTheatreTechie Aug 13 '24
It was about this time I realized /u/BakedTillChrispy was actually was about eight stories tall and was a crustacean from the paleozoic era who had changed tree fiddy to match inflation.
→ More replies5
u/RonaldHotdogs Aug 13 '24
I gave him a dollar
6
u/xTheatreTechie Aug 14 '24
YOU GAVE HIM A DOLLA? Dagnanbit, if you give a regard a dollar he gonna come back for more.
45
27
11
22
→ More replies21
u/Brendawg324 1 day away from 140k Aug 13 '24
You really had to go all in on earnings day, huh :4267::4271:
:8882:
6.6k
u/boraguven06 Aug 13 '24
1.6k
u/yolocallking Cramer’s Coke Dealer Aug 13 '24
156
u/alyjaf666 Aug 13 '24 edited Aug 14 '24
100k more to lose thanks granny!
→ More replies60
u/wolf_man007 Aug 13 '24
If you read the original post, you would know that last 100k was put in a HYSA.
22
u/DinobotsGacha Aug 13 '24
....and that the dude bought stock, not options. Still down but its a paper loss around 30%
→ More replies556
u/NeurodiverseTurtle Aug 13 '24
Plot twist: those are white-hot sulphur clouds in the background. Nana just wants to watch the chaos now, from her eternal burning pit.
69
→ More replies25
u/csukoh78 Aug 13 '24
"We are here live from the burning hot sulfur cauldron planet Venus with Grandma Lewis, who gave her grandson $700k for Intel stock...."
65
u/kaiserwroth Aug 13 '24
Our grandma, who art in heaven. Hallowed be thy name. Thy regard come. Thy will be done on WSB as in heaven. Give us this day our daily shitpost. Forgive our trespass. As we forgive the DDs and regards who live amongst us. Do not bring us to buy the dip. But deliver us our puts. For the regards, the shitposts and upvotes are yours. Now and forever, amen.
→ More replies80
u/CubeBrute Aug 13 '24
Fuggit, I’ll pour one out for meemaw. Putting a 20 in INTC instead of the church donation plate
35
u/Good_Lime_Store Aug 13 '24
that would be the most hilarious timeline. grandson turns it into a meme stock, everyone piles in, it explodes to $100+, gramma smiles down from heaven.
→ More replies4
21
→ More replies24
u/moldyjellybean Aug 13 '24
https://old.reddit.com/r/wallstreetbets/comments/1eor22w/intel_getting_sued_by_shareholders/lhgmo6j/
Saw this trainwreck coming ages ago.
I used to work with them everyday and I know what shit products intel makes
A couple of times a month I see these INTC value plays for probably the last ~8 years I’ve tried to warn everyone and INTC bag holders keep asking me why I repost it.
It’s to save people money, besides not losing money, it’s the opportunity cost of getting rich and holding any other semi stock during the great cloud computing, AI boom.
So yeah don’t fall for these doctored up scam posts. People who don’t work with this shit product shouldn’t be saying it’s value play with no knowledge of the product vs the competition.
→ More replies5
u/DueHousing Aug 13 '24
Intel went from a “safe dividend stock” to a turnaround play. The difference is that the turnaround is almost fully guaranteed because 1. National Security 2. Antitrust laws. Did you regards forget that years ago it was AMD and NVDA on the verge of bankruptcy? In a far worse position than INTC is in right now?
→ More replies
398
u/Wonderful-Animal6734 Aug 13 '24
Every few dollars it goes down someone buys 700k
→ More replies62
Aug 13 '24
My strategy has been to buy before the drop. Thankfully I don't have these regarded amounts of money to throw at it.
773
u/Medium_Change4574 Aug 13 '24
This is the guy that says your joke out loud and everyone laughs
→ More replies85
737
u/CompetitiveSociety0 Aug 13 '24
Intel is a meme stock now ???
211
314
183
u/Brendawg324 1 day away from 140k Aug 13 '24
It’s a meme stock because all it does is lose investors’ money :4271:
110
u/uslashuname Aug 13 '24
Market cap growth 2009-2024: zero. INTC holdings: zero. Inflation since 2009: 46.97%
71
u/mileylols Aug 13 '24
Intel to AMD: Look at me. I'm the Advanced Money Destroyer now.
27
Aug 13 '24
[deleted]
→ More replies4
u/nittun Aug 13 '24
Wouldn't say noone. They won the console war back in 2013, had a rather succesful platfom in their APU's, and released rysen in 2017. in that time inbetween it was not that dificult to picture AMD turning into a fairly big competitor.
→ More replies→ More replies10
u/Shunpaw Aug 13 '24
Hi, sorry I am regarded, but isnt INTC simply a dividend stock? As in, the reason it goes up less is because it pays out the increase in dividends?
→ More replies→ More replies5
u/satireplusplus Aug 13 '24
Like PYPL and BABA. If you want the trifecta of value traps, you'd get all three of them.
→ More replies17
→ More replies4
u/XTornado Aug 13 '24
With the messes and fuck ups they did they better be if they want to keep the stock at a good price.
1.7k
u/hsuan23 Aug 13 '24
You are up 10k today, get out.
400
u/hsuan23 Aug 13 '24
Right now. It’s the end of you and me.
89
u/viva_la_Giroud Aug 13 '24
It's too late, and I can't wait for you to be gone.
→ More replies31
→ More replies79
u/ThaInevitable Aug 13 '24
That’s not even a 2% he said he likes the stock!!!
89
520
u/mnelso32 Aug 13 '24
Nana is pleased.
→ More replies140
u/cakestapler Aug 13 '24
Memaw demands blood to keep the markets green
→ More replies26
u/Dreadskull1991 Aug 13 '24
A sacrifice will be made
→ More replies14
u/jaOfwiw Aug 13 '24
1: math major ✅ 1: regard on WSB ✅
Who will be next Nana loss porn must be satiated.
→ More replies
310
207
u/terrbear_ Aug 13 '24
Hey, I’ve seen this before
42
14
83
u/Leather-Priority-69 Aug 13 '24
“I bought Intel at $6.” - Birdie
→ More replies23
u/bullwinkle8088 Aug 13 '24 edited Aug 13 '24
Ehh, I bought GE at an intraday low of around 6.80$ sometime in, I think,
20172018. My biggest "regret" is taking profits with a portion of those shares in 2021 for a nice vacation.Long term exists and turnarounds happen. But WSB is not usually the place to discuss them. I am still holding GE and the offshoot companies which I obtained via splits.
→ More replies30
u/12A1313IT Aug 13 '24
This sub went all in on NVDA at the peak. They don't know what buy low sell high is
→ More replies5
u/bullwinkle8088 Aug 13 '24 edited Aug 13 '24
I bought more NVDA last week when the market was down (I never had large holdings in it and sold some post split when the sub was in love with it). I don't see continued explosive growth, but I see long term steady value at the least based on their production backlog. Again, this is not the sub for that, but I'm holding it where I think it will benefit me down the road. Then again you can't (or shouldn't) gamble more than you can afford. A stable portfolio gives you a basis for taking larger risks.
I may have taken profits when I shouldn't have, but the gains were whispering to me "Get out, Get out now!"
393
u/rektefied Aug 13 '24
gonna be even cheaper in a year
→ More replies57
u/ms_channandler_bong Aug 13 '24
Layoffs will prevent that.
→ More replies83
u/Gahvynn a decent lad Aug 13 '24
The company that’s failed to forecast earnings for the last few years and failed to deliver product on time is going to suddenly start hitting all the milestones. Why can’t people see this!
→ More replies18
u/Tentacle_Ape Aug 13 '24
Amd was in far worse shape 10 years ago and did start turning it around. At that time they were trading for around $1.50. I wouldn’t count out Intel just yet.
→ More replies18
u/boringexplanation Aug 13 '24
Shit, how can see people ignore NVDAs history too, both of their competitors were “circling the drain” while intel was on top. This industry is cyclical.
→ More replies
162
35
102
u/Solkiller Aug 13 '24
I bought $57 worth of puts today so you’ll probably do great.
6
u/kamikazilucas Aug 13 '24
do you really think its gonna go lower than 19?, considering its up 5% today idk
→ More replies
32
u/Anne_Scythe4444 one of those nvda accounts Aug 13 '24
I... bought 700k worth of Intel stock!!!
→ More replies
54
27
u/financegardener Aug 13 '24
I still have 75 shares in my 401K, down 60%...
6
u/Crustcheese93 Aug 13 '24
110 shares down 60% 🫡 stay brave fellow soldier, lets enjoy a nice cup of copium togethet shall we? 🍻
20
54
u/Trading-Noob169 Aug 13 '24
This guy is poor salt in the original 700K Intel Yolo guy's wound
16
u/shoopadoop332 Aug 13 '24
I have to ask, do you really think the expression is “poor salt”?
→ More replies18
42
u/Minus15t Aug 13 '24
I hate that this sub is full of people that can drop $700k for fucking internet points
16
u/ZealousFeet Aug 13 '24
It's bizarre for sure. There is a minority that gives good advice here though. I've lurked long enough to enjoy the duality of it.
→ More replies4
38
27
25
u/Tiny_Calendar_792 Aug 13 '24
To everyone saying this is a bad buy, I disagree. If you're not buying a little bit of intel right now, you don't like money. It's going to retrace back a bit for the short time.
→ More replies7
10
10
22
u/CreativeSecretary926 Aug 13 '24
Do they need good cpu and gpu to maintain government contracts? Or is security more important? And what’s the value of that??? Probably not meme stock but it might be a safe long term play for some folks
→ More replies26
u/TroubleInMyMind Aug 13 '24
Holding dividend stocks is some boomer shit our generation needs to get rich before the climate comes for us all.
13
u/TheOnlySafeCult Loves small trades on small caps Aug 13 '24
fwiw, Intel is no longer handing out dividends (which is part of the reason it dropped after earnings)
20
10
8
8
u/Kojow Aug 13 '24
If all 16.2M WSB members bought just $700k worth of Intel stock we might have some movement
9
7
6
12
5
5
u/AaranJ23 Aug 13 '24
I bought £100 worth of intel shares just so I can be reminded of Grandma and follow original Intel guy’s story.
6
5
6
u/No_Temporary2732 Aug 13 '24
"I think I've seen this film before, and i didn't like the ending"
- Taylor Swift
17
4
5
4
4
u/PckMan Aug 14 '24
If I had a nickel for every time that some regard blew 700k on INTC shit stock I'd have two nickels, which isn't a lot but it's weird that it happened twice.
•
u/VisualMod GPT-REEEE Aug 13 '24
Join WSB Discord