E said:

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INTC to exit 5G Smartphone modem business, and focus 5G efforts on network infrastructure

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E said:

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Prognightmare said:

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I rolled into the 6/21 $75 strike calls in the case there's upgrades and continuation tomorrow. Bought some time as insurance.

ETA: The volume is INSANE.

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I bought a couple 6/21 $75's after your post at $1.88

hopefully I can sell 1 tomorrow and let the other ride!

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Quote:

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Intel said on Tuesday that it's dropping out of the 5G smartphone market just hours after Qualcomm and Apple announced a six-year licensing agreement as part of a royalty settlement.

"The company will continue to meet current customer commitments for its existing 4G smartphone modem product line, but does not expect to launch 5G modem products in the smartphone space, including those originally planned for launches in 2020," Intel said in a statement late Tuesday.

Intel shares rose about 4 percent to $58.97 in extended trading after the announcement. The company said it will provide additional details about its plans in its earnings report on April 25.

In January, Intel named Robert Swan as permanent CEO, ending a months-long search following the ouster of Brian Krzanich. It's up to Swan to find markets that work for Intel as sales of PCs continue to slide. The company said that in addition to exiting 5G smartphones, it's assessing its future in so-called internet of things devices, or the growing number of gadgets that are connected to the web.

In the smartphone market, "it has become apparent that there is no clear path to profitability and positive returns," Swan said in the statement. The company has warned in the past that margins are lower in the device market than in data centers. Intel said it will keep investing in its 5G network infrastructure business

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oldarmy1 said:

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Sold 100% of CSCO at targeted $0.80 for yet another 100%+ gain.

My answer to the $58 call inquiry is not for me.

If people rolled their QCOM calls as suggested you will note that your original investment is back to net even.

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oldarmy1 said:

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Alright for those who would care to donate to the Aggie Anglers via online they go through the University Foundation. You'd want to enter the code 959110 for donations to be credited properly. Since they aren't officially recognized it will be an unlisted account.

Since you can't put my dad's name anywhere on that site it would be a great gesture if you posted your donation given in support of J.L. Taylors efforts, on the Aggie Angler Facebook page.

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La Bamba said:

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So last night, someone posted a screenshot on Stocktwits of a 600 million share purchase of Nio late in AH. Can someone confirm that it was real? Cause...yeah Nio is up 10% PM this morning.

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E said:

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Prognightmare said:

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I rolled into the 6/21 $75 strike calls in the case there's upgrades and continuation tomorrow. Bought some time as insurance.

ETA: The volume is INSANE.

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I bought a couple 6/21 $75's after your post at $1.88

hopefully I can sell 1 tomorrow and let the other ride!

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La Bamba said:

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So last night, someone posted a screenshot on Stocktwits of a 600 million share purchase of Nio late in AH. Can someone confirm that it was real? Cause...yeah Nio is up 10% PM this morning.

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Ragoo said:

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gougler08 said:

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Ragoo said:

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gougler08 said:

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Bonfire1996 said:

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gougler08 said:

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Thoughts on NFLX now that its running going in to earnings? I had planned to hold but now this is giving me 2nd thoughts...

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I'd sell. They have a valuation problem with new competition.

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Yeah, I'm leaning that way too with Disney coming on strong (and everyone else)...hesitation was the big volumes that have come in on it today with earnings AH

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personal or Roth account? Cost basis?

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Personal...cost basis at 330, so may just take the money and run

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362-330*.35= $11 and change per share in tax. You think it has the potential to drop that much AH?

I'd hold.

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Prognightmare said:

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E said:

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Prognightmare said:

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I rolled into the 6/21 $75 strike calls in the case there's upgrades and continuation tomorrow. Bought some time as insurance.

ETA: The volume is INSANE.

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I bought a couple 6/21 $75's after your post at $1.88

hopefully I can sell 1 tomorrow and let the other ride!

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A slew of upgrades boosting QCOM this morning!

$77 in pre-market.

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59 South said:

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Well I guess I sold my QCOM calls too early but I'm not gonna complain about 1851% in a week!

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E said:

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Prognightmare said:

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E said:

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Prognightmare said:

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I rolled into the 6/21 $75 strike calls in the case there's upgrades and continuation tomorrow. Bought some time as insurance.

ETA: The volume is INSANE.

---

I bought a couple 6/21 $75's after your post at $1.88

hopefully I can sell 1 tomorrow and let the other ride!

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A slew of upgrades boosting QCOM this morning!

$77 in pre-market.

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Anyway to see what they'll open at? I'd like to sell one of them at market open

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singer10 said:

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Turned $70 into $5,300 overnight. Thanks oa1! I'll be making a donation to the Aggie Anglers today.

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singer10 said:

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Turned $70 into $5,300 overnight. Thanks oa1! I'll be making a donation to the Aggie Anglers today.

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