Intel Announces That Its Stock Is Wildly Overvalued (INTC)

When companies sell stock, it sells a signal to the market. Henry Blodgett interprets the recent Intel stock sale announcements:Intel Announces That Its Stock Is Wildly Overvalued (INTC): "Why would a company with $13 billion of cash and $5 billion of free cash flow file to sell $1 billion-worth of stock at $15 a share?That's right!Because it thinks the stock is wildly overvalued."