That's not the answer. Here are the Jan 2014 prices VS now:
SWKS 30.25 - 80.86
AVGO 54.64 - 106.98
NXPI 48.35 - 80.23
MU 23.04 - 30.95
SNDK 6955 - 79.68
The others are up much more than MU or SNDK. It's got something to do with the niche that MU and SNDK are in. The others are in different niches.
Well not every thing doubles every year. MU was mostly consolidation the 2H of 2014 after substantial previous year gains.
Maybe or maybe not MU will have its growth return to high rates but that would need a substantial PE expansion.
Yeah that's most recent excuse but how about the previous 11 months? So you think the other semi's had clear sailing all year and only MU was the only one burdened with problems like this? Get you're head out of the clouds for a second sk and ask yourself why neither MU nor SNDK have moved much over the past year compared to the other semi's. There's some other reason besides all the excuses the MU lovers want to believe. I'm trying to figure it out but you have to be more rational than "it was SNDK's fault". The SNDK shareholders are probably blaming their 10% increase on MU while none of that baloney has seemed to affect the other semi's. They just keep rolling along. So I ask you all again, what's the REAL reason why MU and SNDK haven't done as well as the other semi's over the past year? Maybe it's still the old belief that these two are in a Cyclical part of the market still subject to big swings either way as inventory moves up or down. I'm not bashing MU, I'm just trying to figure this out. Anyone have any ideas?
Different product cycles between micro controllers and FLASH/DRAM.
Then SNDK screwed the puppy by coming out with a warn.
Turns out that they didn't make projected sales why? Because they couldn't provide enough product.
MU was pulled down with the SNDK warn due to shareholder ignorance about the stock that they own.
Look at all the other semi's street. I'd like to do the same with QRVO but I don't remember the conversion formula. That one is up a ton too. I know MU and SNDK are more into memory than the others, is it a coincidence that those two haven't moved much or is that the reason? Wish I understood the differences more so I could make a better decision but I still think you can make money with MU by trading it between $30 and $35. If you're thinking buy and hold, it looks like you're going to languish with MU while the other semi's move up around you.
What some of the semi's have done since JAN23, 2014, exactly one year ago Friday
SWKS 31.43 - 80.86 = +157%
AVGO 56.05 - 106.98 = +91%
NXPI 47.85 - 80.23 = +67%
The two that are most similar
SNDK 72.02 - 79.68 = +10%
MU 23.64 - 30.95 = +30%
I'm not sure what all that says but it's interesting. What are SNDK and MU doing that the market doesn't like?
if the fed doesnt blow it on Tuesday....................
The volume was 5 million shares in 30 minutes so someone was aquiring shares and not the company itself.We should have a better week since I believe we are so under valued.Goldman Sacks has no reason to short Mu also.Everybody stands to gain and open a new high...$38
Sentiment: Strong Buy
I think they were $25's. They would have been out of the money for MU because MU was only about $20 at the time but SWKS was higher so I think they were in the money for SWKS. If they were out, it would have been a point or two and would have been because I didn't have the equity to buy them further down. SWKS is a lot better than SNDK.
According to a 6 mo d chart, AVGO has a bearish Rising Wedge located between 100.45 and about 114. These are your support and resistance areas for this pattern. As you can see, there is still enough wiggle room for it to move up. However, there is a possibility that a momentum shift to the downside may take place first. Should support break, there is strong candlestick support at 95 and 90. GLTY
Gave you krap or was pushing your buttons? So what made you go against your norm and buy out of the money? Remember when I said SWKS is as good as SNDK? Not same reasons people pump MU, but going by balance sheet and shares outstanding. Now it might surpass SNDK.
I remember when you gave me krap for buying out of the money MU Calls after I stated that I only buy deep in the money ones but then it turned out that they were really SWKS Calls rather than MU's. LOL