At this point, I actually believe that it is a positive for Micron's future stock price if Einhorn has ALREADY reduced his position.
.......Thus eliminating the possibility of downward pressure when he eventually decides to sell - d.on't need that variable hanging around
I'd prefer that it already occurred , and in today's stock price.
Not according to yahoo finance. In any even Leavitt believes the market may continue the upward bias for another week or so, then in all liklihood a lower low.
macd pointing up, and macd lines crossed up and over bias has to remain to the up side.
i always wondered what the word "seem" points us to in that report ;-)
"After the soft results were announced, David Einhorn’s firm disclosed a few changes in its portfolio. Micron and Sunedison SEEM to no longer be a part of it;"
MF are hacks - intentionally misleading article. Thanks for clearing this up. Thumbs up!
Sentiment: Strong Buy
For us longs that have ridden this up (and now back down), I'm guilty for failing to believe the stock will be coming back. I should have bought when it hit $13.86 last Monday. I'd be up ~21% right now. Ugh. Guilty as charged.
Micron IS NOT GOING TO BE SOLD!!!! What part of that don't you cheerleaders UNDERSTAND???
"After the soft results were announced, David Einhorn’s firm disclosed a few changes in its portfolio. Micron and Sunedison seem to no longer be a part of it; however, many of the top holdings, including Apple Inc. (NASDAQ: AAPL), CONSOL Energy Inc. (NYSE: CNX), General Motors Company (NYSE: GM) and gold, remain in there." Who writes this stuff???? SEEMS Either it is or isn't.
Einhorn Micron Stake - Privately Placed? Could another big player have bought him out? Assuming the reports are true where did the stock go. Did not see massive sell pressure. If somebody wanted a large stake in Micron and did not want his involvement or to move the market up?
Sentiment: Strong Buy
It's stupid to have such a closed minded attitude. TA is just another tool to help you, like Fundamentals is a tool. Neither is guaranteed and neither is always right but they're both tools nonetheless.
Does anyone believe in this mumbo-jumbo? I know I don't. Nobody has been more wrong on the markets and individual stocks than Carter Worth, the poster child of mumbo-jumbo.