Long term investment
I snuck in with 3000 @ 8.10 before the close. MU settled with Oracle before the weekend, resulting in an additional .29 earnings hit from the previous quarter. Investors tend to look forward, so next week should see a small rebound.
The price is being driven by the Elpida deal. Is MU going to get a good deal or not, that is the question. The Oracle deal was chump change. I'm still not sure why anyone set the price of DRAM at levels where they lost money. What a joke. Better than risking a court marathon I guess.
Odds are better on winning lottery than this hitting 10!