Looks like they crunched the numbers at Seeking Alpha, I'm sure this is a mistake, I mean how can Rambust operate at a loss for so long? Rambus Inc. has a price to earnings ratio of -81.86 for 2011 and -85.76 in 2012.
These guys should join the EU, they are about as fiscally responsible as Greece.
Micron Technology (MU): In May of 2011 Micron Technology was a $12 stock since then it has fallen all the way to $4 per share and most recently it has leveled off at around $6 per share. The reason for this volatility is that the jury is still out (literally) on whether the company will win the antitrust case brought against it (see this article). Rambus Inc. (RMBS) has brought a lawsuit against Hynix Semiconductor Inc (000660:Korea SE) and Micron Technology that could potentially be in the billions of dollars. Micron Technology has not been known for making money and a loss of this magnitude could be devastating to the company. So let's pair the two U.S. traded rivals against each other and see where they stand. Micron Technology has a price to earnings ratio of 20.86 for 2011 and 25.39 for 2012 with forecast earnings growth of -19.05% for 2011 and 192.65% in 2012. Rambus Inc. has a price to earnings ratio of -81.86 for 2011 and -85.76 in 2012 with forecast earnings growth of -138.69% for 2011 and 4.62% in 2012. With this rosy outlook for 2012, Micron Technology is the clear winner according to these metrics but as I have mentioned, the jury is still out for 2011.
Just in case you forgot this: You posted this on the 17th, you sure flip/ flop. "It won't go much further down, buy in AH or else on Friday. You may see $6 due to options expiry, but it's only going up from there."
Thanks for the meaningless input
Green on Monday....watch for NEWS
Screw you a hole, I hope you lost everything investing in this worthless POS.
For the rest of you who lost money, I'm very sorry for your loss, but Doc and a few others who were real jerks to me, screw you!
You just keep on buying the "good" company that is a lousy stock and I'll keep on riding the "bad" company that's up 75% in the last 2 months. I'm laughing at your posts where your making 25 cents off MU, then selling and getting all excited when you get to buy back in on a 50 cent dip.
Even if your 200+ bashing and spoliation posts are accurate, it obviously doesn't scare investors and definitely hasn't moved analysts. You're like a 9 year old - so easily distracted that you've missed a great opportunity. You just keep saying the stock is going to tank because of how bad their fundamentals are and how much of a big deal the spoliation accusations are and how they're criminals. Problem is, you can be right about those things but you're wrong about the 2 things that matter most: 1) The stock keeps climbing at a ridiculous rate and 2) Like it or not, RMBS wins this trial.
When this is all said and done, you're relentless bashing will leave you with nothing while the rest of us "Rambutts" make gazillions.
A 50 cent dip for a $5 stock is 10%, getting a 10% discount and then selling for 25 cents higher is a 15% gain. You are clueless if you don't think this makes good sense, and even more clueless if you don't understand the fundamentals at play.
Given the financial stability of MU, vs. the apparent instability for RMBS, it would appear that one of these stocks is about to take off and the other about to fall off a cliff.