I think with all the negative earnings reports and warnings we have heard lately, I would anticipate that some of this is being factored into MU stock now. It would come as no big surprise if earnings were a bit soft! Good news, I heard the semiconductor industry was doing well for the past couple of months.
you are right about it being factored into the stock price! but ask yourself this question- will the next earnings report, if it is soft, help the stock?? if you say no, thn why jump in now? buy in slwly now, if at all. i thnk there is some more dwnwrd movemnt for micron, it will at least test the summer lows. but in the teens the stock will be coiled like a spring, when it takes off, look for it to fly!!! be ready to get in whn micron strts to move up b/c i see it on positve news gaining an easy 10 pnts in a week!!!!