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Micron Technology Inc. Message Board

  • highlowsel highlowsel Jan 25, 2013 11:52 AM Flag

    Bid $7.93.

    Started off nice enough. Then the action went straight to the usual sell side tactic which has slammed the bid to $7.93. A goodly amount of volume too. This is probably being accentuated by the Jan 25 $8 Calls. The volume on it, so far, is huge, over 9,193 so far. We'll probably see a lot more since there is/was an open interest at +24K.

    I'm waiting to see if I can pick some up below .90 for an upside trade. Bid now .92 and still being overhung by the ask and sell side action.

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