Doctor Jack's Stock Medicine

[Jack Haddad]

Tso

Bought 1 block at 57.85

Sold at 58.76

[spikefader]

I ain't so sure about that Spike.... Here's my take on INTC.

A few weeks ago we (my company) started receiving some nice component orders from an equipment manufacturer (privately held) that makes a lot of "stuff" for INTC (100% of these orders are INTC related). I have not seen this kind of work for a loooong time. My customer is saying that INTC is "tooling up" for something right now and spending on this type machinery is about to explode. We have been told to get prepared for this influx of work. What does it all mean? I don't know.... I have no idea how this kind of thing relates to INTC's bottom line or when.... but I wouldn't short INTC right now. I've actually been thinking about buying it..... And as an immediate play I'm looking at some smaller equipment manufacturers that supply the "group" too.

Good stuff, thanks Lye.

[Jack Haddad]

Aapl

Shorted 1 block at 73.03

[Jack Haddad]

Aapl

Shorted 1 block at 73.03

Covered at 71.87

[Jack Haddad]

Intc

Sold to open 400 Oct 20 naked calls at .65/contract.

[DSteckler]

Sold to open 400 Oct 20 naked calls at .65/contract.

I take it you're no longer bullish on INTC?

[Jack Haddad]

Tso

Shorted 1 block at 59.99

[Jack Haddad]

Tso

Shorted 1 block at 59.99

Covered at 59.35...Looking forward for the next leg down to 52.00

[Jack Haddad]

I take it you're no longer bullish on INTC?

It as just a trade I spotted...remain very bullish on intc.

[DSteckler]

It as just a trade I spotted...remain very bullish on intc.

How long do you expect the pullback to last?

[lemonjello]

Up only 6% today.

Guess something was up.

Dr. Jack,

Does IMCL look like it might be up to bat? I'm thinking something could be up.

[Jack Haddad]

Intc

How long do you expect the pullback to last?

The consolidation we saw in the last couple of weeks strongly suggest a test of 20.75 to 21.25 before earnings. We need to challenge the 19.87 to 19.88 again. I reviewed yesterday's transactions amongst 3 firms... There was 800k short shares by 4 hedge funds which covered their shares from 19.65 to 19.98.

Interest in the stock is remains strong and most firms that I have spoken with think that the concern regarding INTC's inventory is overblown.

[Jack Haddad]

Imcl

Guess something was up.

I saw heavy buying activity on Oct and Dec calls, strike 30. Anyhow, the stock at 30 is very cheap.

[Rob]

Anyhow, the stock [IMCL] at 30 is very cheap.

There's a lot of hoo-ha being made over the pending judgment in the Yeda lawsuit. (See today's USA Today for example.) I think a negative outcome in that suit is already priced into the stock, though on the day of the judgment, if IMCL loses, the stock price will definitely take a hit. Once investors realize the appeals will be tied up in the courts for years, the stock will come back rather quickly. Also, analysts seem to completely ignore the value of pipeline drugs, i.e. VEGF inhibitor to compete with Avastin.

[Jack Haddad]

There's a lot of hoo-ha being made over the pending judgment in the Yeda lawsuit. (See today's USA Today for example.) I think a negative outcome in that suit is already priced into the stock, though on the day of the judgment, if IMCL loses, the stock price will definitely take a hit. Once investors realize the appeals will be tied up in the courts for years, the stock will come back rather quickly. Also, analysts seem to completely ignore the value of pipeline drugs, i.e. VEGF inhibitor to compete with Avastin.

Rob, agreed.