Wedge Partners Hynix news, when Googled, takes you to Ransquauk? Never heard of either of them before. They have a website and promote themselves - so what? I spoke to the horse's mouth today. There is a big question about the honesty of this Asian woman who put out this nonsense about Hynix yesterday. I could care less what Wedge Partners/Ransquauk, or the half-baked analyst from Seeking Alpha yesterday, when every other SA writer with any real knowledge and experience has exhaustively done figure work and presented it in an intelligent and persuasive manner to show the upside of MU.
This is impossible to trade, unless you take the risk that its upswing is the time to sell and then buy back later, or the opposite. I thought there was a pattern that this traded at its high at or near market open, the dropped, recovered partly or near the high, then dropped 2:30 on. But that pattern can't be depended on. Yes, I know its the market; however, there are clever traders & black boxes pushing this up and down. That's my analysis. But why are we this low? There are upgrades; price target increases; new developments nearly daily. Yeah, yesterday some highly questionable woman proclaimed Hynix back in full production in January, which I know I pointed out many times was what they said was going to happen. But, writers/talking heads are saying that it is either overly optimistic or untrue, and they are saying that Hynix is not going to have that great an effect, as they will not be producing NAND, and its claims of 2D having a big impact is untrue, with 3D way more affordable, and MU is working on 2D and other things that Hynix doe not have.
If the stock's going up (which today's activity again clearly shows the manipulation I'm sick of), people wouldn't be closing out 19 & 20 Calls, unless they are anticipating the stock dropping below this. Otherwise, they would make a killing. This is the kind of cr-p that really worries me. This stock should be rising, with usual interday movements. But it doesn't. A high of $23.09 and now down to near the lows of the day, in the 22.60''s? How can you deal with this?
Good article. And, yes, 3D is much cheaper, widespread, and isn't going to be supplanted by 2D any time soon. And MU is well in the works on 2D, as stated in the article.
Actually, they were up a good portion of the time, I believe up to 22.65. Piper Jaffrey came out in the evening with an upgrade.
EXACTLY my experience. I could write a book on them, and it would not be flattering in the least as to integrity and fairness. Notice how they pump or trash daily what seems to serve their questionable interests.
I'm sick of Seeking Alpha. Yes, there are some good writers, but there are ones that are not competent at all, but try to come off as they are experts. Try criticising what they say, and they delete your posting -- that speaks volumes about this organization.
LOVE IT! Good to hear some people with real brains call these treasonists out.
Gore for President? The phony who pushes for greenhouse gases, yet owns multiple huge homes that use immense amounts of fossil fuels. Hypocrites, both of you, along with the Hollywood stars who support this same nonsense, and fly their jets around the world, putting amounts of pollution into the air that would take thousands of cars to produce a fraction of.
Talk about Obama instead of side-stepping what he has done, which makes Bush's Medicare D pale to the destruction Obama has done and continues to do. But, of course, there is no reasoning with leftist fanatics.
Typical leftist gibberish. Obama is a liar, and has been - healthcare ("You can keep your plan, period." He stated illegals wouldn't get Obamacare because it would take the costs up too much (it's already drained enough wasted money before it has even started, that a statistic determined this socialist-doctrine, totally ill-devised & shamefully crumbling plan, that money spent ALREADY would have provided over 1 million to give to every TAXPAYER in a health savings account.
He has appointed every radical leftist possible to infiltrate every major governmental agency to get his agenda accomplished through devious methods. He lied about Bengazi. He has lied about some much, it would take a book to document it.
And, worst of all, people like you, defend the destruction that is known as Obama. For shame. Listen to FOX news and get the WHOLE and TRUE picture. Not the lying, editorialized junk from MSNBC and their obnoxious Rachel Maddow, Chris Matthews, Ed Schultz, who, by the way ,screamed the most vicious imaginable things about #$%$ Cheney that he should be dead. Also calling Laura Ingraham, "that media #$%$."
Obama has and is destroying this country, piece by piece, but there is no reasoning with you leftists. I will relish the day your taxes and healthcare change your life to the misery that so many are already facing. Look forward to paying 2-4 times the cost for a lesser health plan. Hope you enjoy it.
Don't label people "quick-buck day trader" when you have no idea of how I trade.
Sorry, correction, to my mistake below. Up 18.5% at $10.12, was at a high of $10.57. If this portends well for MU, the price action today is showing that to be wrong, with a modest increase at the highs on MU, and now barely holding on to yesterday's closing. You could have bought MU at 22.80 today, as opposed to closing of 22.12 yesterday.
Just realized it is up 19% now; at its high today, it was up way over 22% when it was at 22.56
So, what gives here? I appreciated the comments given, but if this was as beneficial to MU, we'd be up considerably today as well. Sure wish I had bought RMBUS.
Thanks for all your answers. Is Rambus going to increase in value? One chip stock I never looked at, at all. Is sounds like TXN & MSFT would be good considerations. Any thoughts?