Sep. 12 at 4:26 PM
$INTC
The misinformation and scaremongering from the media on the 430mil shares owned by the govt is getting ridiculous.
Let's focus on the FACTS:
1. Even IF the Govt decided to sell, there are ZERO dilution for existing shareholders. Shares are already there!!!
2. The Govt can NOT dump shares on open market and create supply pressures for traders. They have to offer ONLY in "broadly syndicated offering". (Institutional order book in secondary offering) (see the wording in the image)
3. For every SELLER, there is a BUYER. If the BUYER turns out to be (1) Elon Musk
$TSLA (2) Jensen
$NVDA (3) Buffet
$BRK.B or (4) Dimon
$JPM, that will be the BEST news for Intel in 2 years.
Any of those names come in as a buyer, Intel share price will probably double overnight. So, as a shareholder, you SHOULD WELCOME the US Govt to sell their shares