^^DRAM $2.2 UP 6% WILL FLY PAST $20 IN 2913.......DRAM PRICES INCREASED 50% IN 2013…SEVERE DRAM SHORTAGES ARE EXPECTED.....1.5M SHARE FLOAT
Pre-earnings rally is getting started for this certain multi-bagger....:)
After a recent 6/1 reverse split:
- 1.7 Million Outstanding Shares
- 1.4 M share float
- Lat quarter near break even despite that average DRAM prices for the quarter were 50% lower than this quarter
- Strong Balance Sheet
- Recent big agreements with AMD and others to use their RAMDisk technology aimed at the gaming and other industries like Oil & gas, Financial, Medical....etc....where high processing speeds are desirable.
- This quarter will likely produce 30 - 60c/share net income due to a huge explosion in the memory and server busineeses
Take a look a typical news item talking about the recent boom in memory prices.........
Chip makers Are Starting to Report Big Profits Due to Raising DRAM Prices. DRAM Supply Shortages Are Forecasted
By Jungah Lee - Apr 23, 2013 6:41 PM CT
Chip Maker SK Hynix, the world’s second- largest maker of computer memory chips, posted first-quarter profit that beat analyst estimates amid a rebound in prices for semiconductors used in personal computers.
The company turned to net income of 178.7 billion won ($159 million) in the three months ended March from a loss of 271 billion won a year earlier. That compares with the 172 billion won average of 25 analyst estimates compiled by Bloomberg.
SK Hynix is shifting its focus to more profitable mobile dynamic random access memory, or DRAM, chips amid rising demand for smartphones. Demand from handset makers including Samsung Electronics Co. (005930) will drive sales and improve earnings in the second quarter.
Kim Young Chan, an analyst at Shinhan Investment Corp. in Seoul, said before the announcement. “PC DRAM prices will continue to rise, while the global mobile DRAM chip supply will be in shortage.
DRAM is the cheapest DRAM play anywhere with the highest upside. ...Volume still low but don't wait because you will be chasing this puppy when he explodes up!!
This was one of the best calls of the year. DRAM closes at $4.28 to after reaching $5.6!! Two days agp it was $2.2 and we kept telling you BUY DRAM BUY DRAM BUY DRAM.......You should have listened. The next triple will be HAUP currently at 79c
Buying pressure will explode when they announce a record quarter shortly. With only 1.5 million shares I see a 300% gain in a few days. DRAM will make it in many investors radars after monster earnings and a bullish forecast.
DRAM was an equivalent $35 in 2010 with less revenues, profits, and product diversification. Furthermore, all analysts are predicting DRAM shortages all the way to 2015