intc tanking 1$ after hours on earnings cut

Really not a big deal. CSCO did the same and the stock traded higher after selling off in AH. A $1 selloff is around 7%, which isn't substancial in this market anyway. Should the market gap lower it is a good buy.
 
Quote from MrDODGE:

Not a big deal.... Is that why the stock is off 10% and falling?
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Knee jerk reaction. It's only down 7%, actually. Yes, the results are bad but they were anticipated to be that way. CSCO did the same thing. Sold off and then recovered it all the next morning.
 
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