a few weeks ago I posted a question why doesn't Apple just buy MU? some very good replies.. the more I read the more I can appreciate Apple not buying MU as the best of both worlds.. with MUs new size and positioning going forward (elpia) they will be in a great position to be a supplier for Apple going forward. It would be a natural transition away from Samsung for Apple... looks going helping an American company grow, etc.. I have been around long enough to remember when this stock was $100... $20 by this time next year isn't far fetched... and the Jan 2015 17 calls are a litte over a dollar.... long term play here..
I remember those old times too. When this company goes on a run, it can run up several hundred percent in a year. With the strong memory pricing, less industry capacity.......the stars are really lining up for MU. I got in a few weeks ago at 8.94 and WILL stick around for the report after the close. Focus should be on the future, not the last quarter.
Just my opinions..........Kel w/ 40 years of investing experience.