Anything is possible on a day to day basis, especially when the market is so volatile. If the new technology is as good as advertised you will see MU at record levels by late 2016. Its cheap at these levels without the 3D memory so I'm not worried about buying more at these levels. Note that were also entering the Christmas build season, Q3 will reflect higher sales and profits. Now I know why the Chinese made an offer for MU, they hoped that shareholders would roll over and agree to sell before the next growth cycle starts. It starts in Q4 of this year as customers line up to buy the 3D memory.
If it turns out that you are wrong you will then off yourself and for the first time in your worthless life do something to make the world a better place?
Still Short?? I think we know who the Dumbo is-The time to be short was 35, not 18 Dumbo-MU will be back in the high 20's soon-And as for your several Quarters prediction, shows how bad an investor or trader or whatever you call your method of losing money, you are, unless you are on the inside, which you aren't.. And the Product will be released, 100% Guaranteed, and it won't be several quarters Dumbo-
If it were actually possible to make such a bet, you would lose. But you know it's not possible, so
you "bravely" make it.
Sentiment: Strong Buy
You use to be one of those arrogant longs or did you forget?
Hey guys - forget the Mickey Mouse reporting on CNBC. The tutes know what's going on here, THEY control the share price, relax and if you NEED to watch cable at least turn off the sound. You'll feel better, lower blood pressure, etc.
The stock is down twelve bucks since June 2014 and you're frothing at the mouth like a rabid dog. Do you know how foolish you sound? Your new greatest product the world has ever seen won't even be out for several quarters if at all. The horses are still in the barn Dumbo, hold on to your shorts for awhile before getting all yippy. You arrogant longs are sure fun to watch though, throw you a bone and you go nuts. LOL
3K shares in the $6.50 - $9.00 area. And I can't remember when i bought them without looking up my trade! But i think it was 2010 ish.