Vieira Screams Short Intel: $35 Million Trade Call
Vieira Screams Short Intel: $35 Million Trade Call. Vieira recommended closing long positions in Intel (INTC) at $27.3, reversing to the short side between 27.3 to $28, citing limited upside. During the crash process in 2012, Vieira reiterated the downgrade at $24.6 in August while Wall Street was upgrading the stock after earnings announcement.
For more information refer to Historic Trades: Vieira Calls Hewlett Packard Stock Crash
What is the correlation between HPQ and INTC? You have to ask the world best trader.
Thank You once again to Mr. Vieira. I have made more than $5 million in the past three months of which $1.5 million short JC Penney following Vieira’s instructions.
D. Shatalov, 2012
Shares of company Intel (INTC) plunged to $20.4 on the news!
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