Down 4 ~pts on ~ 20 mm shares traded. Very low pathetic volume. Manipulation or apathy or contrived volatility? Hmmmmmm...
WDC relatively unaffected. STX ~15 pts behind WDC. I would expect STX to be 8-10 pts, behind on a bad week. Those helium drives haven't taken that much market share, have they?? The pricing powers of the heralded duopoly should not allow such value diparity. Will STX be elevated or WD be brought down, or both?
Last minute notice on 2/21 by STX of a presentation at the Morgan Stanley Tech conference. Does SL have something positive to say? Can't imagine the PR would imply negativity, but ya never really know.
A 4.__ PE??? and a dividend to boot??? GET OUTTA TOWN!!!
This seems like a no-brainer. It may drop a bit more but I dove in big-time. Lots of good deals in storage right now.
Ya pays your money and takes your chances, I guess.