Finally, INTC back to $23 level in pre-market today. When was INTC at $23 and above? I forgot already as it was a very long time ago (Just checked. More than one and a half year).

INTC stock price
Can it hold at above $23 after market close today? Well, it should be. It better be because INTC was falling behind compare to other technology stock that performing very well like Apple. Hopefully, I can sell my stock option by end of this year when INTC hit above $28. Can it?
Intel is being sued again… Federal Trade Commission (FTC) sued Intel finally. I expected this day to come. Just not so soon. As expected too, INTC stock price dropped while AMD and NVDA stocks price went up…

INTC, AMD and NVDA performance from 15th to 18th December 2009
What FTC wants (taken from AnandTech):
FTC helps Nvidia a lots. If all of the above does happen, Nvidia will have its chipset department running again. Did you see any Nvidia powered Core i5 or i7 motherboard lately? Nope. And you won’t need to use underpowered netbook with Intel chipset again. And wait for Nvidia ION platform 2 now.
Yeah… Intel will buy Nvidia (StreetInsider.com). This rumour pop up again after Intel killed the first retail version of its GPU ~ Larrabee. No… Intel will “never” buy Nvidia (TG Daily)

Image via MaximumPC
So what is your thought? Intel is great on its CPU. And Nvidia on GPU. If they follow AMD and ATI’s footsteps, what will happen? You can see Intel CPU + Nvidia chipset + Nvidia GPU now. And Intel CPU + Nvidia GPU in one chip in the near future.
For me, I don’t care as long as both companies stock price go up.
Intel first Larrabee chip’s retail release has been canceled. What does this mean? Intel will not be able to compete with AMD and Nvidia next year in GPU war.

INTC, AMD and NVDA intraday performance on 7th December 2009
Both AMD and Nvidia stock price spiked to 8% and 12% after this announcement. I also sold Intel stock at USD 20.50 after knowing this. Hmm… Can INTC still going up? Yes. But not in this few weeks until the next quarter annual report announcement. And it depends on the annual report. Based on the INTC historical record, it really hard to perform like Apple Inc. stock AAPL which already back to its highest level after 2008 economy crisis. INTC was around USD 27.00 back then.
Be sensitive in every area if you want to invest in stock market.
Every investor always asks this question, ‘keep or sell’. For me, I have no confirmed answer to it too. I set a target price when I buy stock. And I will sell it when the stock hit my target price. However, you might earn less when you sell too early like my Mudajaya case. Or set too high target price like my INTC case. And end up earn nothing.

Tanjong PLC past 2 months performance
I have 2 target prices for Tanjong ~ RM16.02 and RM16.74. The first target price should be easily hit with sudden high volume. But men are greedy. So do I. Should I wait for RM16.74? Or sell it at RM16.02? I don’t want to end up like Mudajaya and INTC cases.