• SA Editor Samir Patel
    If $INTC drops below $20, I'm doubling my (already-sizable) position.
    1/18/13
    Reply (16)
    • wigit5: I'll probably follow you in, as long as the dividend is safe I'll stick with Intel.
      1/18/13
    • barleycapital: I bought a significant tranche at $19.67 on 20th November and will probably buy again if it falls much below this...
      1/18/13
    • barleycapital: ...umm significant for me that is, I recognise I'm in the company of giants here on SA!!!!
      1/18/13
    • SA Editor Samir Patel: Barley: I'm considering adding a significant number of the Jan '15 $20 strike LEAPs. they're currently trading at $3 and would obviously
      1/18/13
    • SA Editor Samir Patel: trade cheaper if INTC went down to say $20. Given the two-year expiry, if you're in Intel for the long-term (like I am), it seems like
      1/18/13
    • SA Editor Samir Patel: a reasonable way to leverage returns. If Intel is at say $26 in Jan '15, your return (if you bought them today) would be 100% over 2 years.
      1/18/13
    • SA Editor Samir Patel: downside of course is you don't get the dividend. I own a bunch of the common shares as well as some of the LEAPs. I'll likely end up
      1/18/13
    • SA Editor Samir Patel: adding to both.
      1/18/13
    • barleycapital: Sounds good Samir, I'll be adding to my common shareholding to benefit long term from the growing dividends...
      1/18/13
    • SA Editor Samir Patel: Definitely sounds good. I plan to hold the majority of my INTC shares until at least 2016 or beyond, by which time the market will have
      1/18/13
    • SA Editor Samir Patel: recognized Intel's value. I hold some in my retirement account that I'll probably keep forever as a dividend growth type investment =)
      1/18/13
    • wigit5: If intel doesn't drop below $21?
      1/18/13
    • SA Editor Samir Patel: I still think Intel is a good buy here (I've bought shares much higher, a few at $26, a good number at $24, and a lot more at $22/$20) but
      1/18/13
    • SA Editor Samir Patel: I'm already very heavily allocated to Intel so I'd like to see it below $21 before I buy more personally. Doesn't mean it's bad now, just
      1/18/13
    • SA Editor Samir Patel: that I personally won't be adding any. fwiw I think fair value is $30-$32
      1/18/13
    • SKS1586: Awesome. I added on friday with earning related INTC price drop. Will follow your strategy of doubling with price drop below 20.
      1/20/13