Right, Just insist that an HONEST mistake, with all the data I look at on numerous stocks, is simply me lying. I never BS people, but you abuse and harass people and have made a career out of it, as I'm not your only victim, as a simple search by clicking on your name will prove.
LIAR! You started calling me names and every other nasty thing you could print, so don't twist the truth. You NEVER supported me. I supported YOU at first, until you showed your true colors.
Cheetah, I'm surprised at you. Cigar was NEVER a supporter of me. Copy and paste those posts. And then you "don't blame him for being PO'd. PO'd is one thing. Blatant, vicious, repetitive abuse, harassment and stalking is another I have been a supporter of YOU, and this is the thanks I get?
The concern on NAND is there and it will reflect in this earnings. I can't find the article, but I think it was on Seeking Alpha, where the author listed 6 or 7 top NAND producers, and MU was not #@ behind Samsung, as has been stated over and over, but was close to the bottom of the list. That was rather disturbing.
You're making a good amount of profit. No one knows what the earnings report fallout or fall-up will be. It's a tough decision. MU's price movement has been encouraging, particularly today; however, one does not know if this is due to profit-taking and short covering, or not. The large volume could indicate that. I noted how MU went up almost .20 in AH today. Though whether AH has much meaning or not is hard to say. Even the rise today could also be due to fear of the War going on, and many wanting to lock in their gains for now. Considering how heavily day-traded and manipulation traded this stock is, it's virtually impossible to determine these things. Analysts? That's a whole other story, but suffice it to say, I don't trust many of them. The fact that the negative Woo reversed his long-standing bearish downgrades, and has now gone to positive, on the surface, sounds good, but I read an article that said he is so incompetent at everything he says about MU, don't listen to him either way. Tried to help, but there are no clear answers. But, as others below said, it never hurts to take a profit. You simply need to live with your decision if the stock goes up; or, you may find several big down days, where this volatile stock can drop considerably, and get back in.
Yeah, and look how it simply went down and down. The MACD shows a constant steep hill down all day. I do realize it was a down day, but to go down this much? That's why I placed a post - is this thing a short or a long? No full agreement on any articles I read.
My mistake. I had marked it down, but the 25% was on another stock. Nonetheless, +10% is a high short interest, directed to DOPE CIGAR KING BELOW.
A 25% short interest, that will take time to cover, and gives the profit-takers the ability to place their Asks higher. This was all produced by over sensationalized and twisted DRAM argument, that the analysts ran with to raise the perceived value of the stock.
TO THE #$%$ ON THIS BOARD: If you don't like my postings, then don't answer. Your filthy, degrading responses simply show I've gotten under your skin, and your sick minds can't handle it. Do you think the normal people on this site don't realize what messed up mental cases you are? Think again.
Vincent, I like your analysis of this - that is smells. Your comparison with BBY shows how these pumped analyst upgrades set it up for a big fall. It may not be a big fall (unless earnings are not spectacular), but it will be a fall nonetheless. It fell at this point to 30.60 today from a close of 30.99 (high of 31.60), but there is still volume and profit-taking and shorts. Yes, bumps in the near-term.
The Merrill Lynch guy, Woo, doesn't know up from down, in his past or present predictions. I believe it was the Electric-Phred article that goes into detail on this character.
There is another Seeking Alpha article by Achilles Research today, and to quote from it:
"Yesterday it was reported that Bank of America/Merrill Lynch upgraded Micron by two notches to Buy and updated its price target from $22 to $40 in a remarkable turnaround. Not only is the change in rating, from Underperform to Buy, astonishing, but also the nearly 100% increase in Micron's target price. The analyst, who was bearish about Micron and denounced the bullish consensus just three months ago, now wrote:
We upgrade our rating on Micron from Underperform to Buy with a new PO of $40.0 (FY15E implied P/E 14x, PBR 3.1x). The stock has already moved up strongly (up 33% YTD) but we think further upside will occur. In our view, key catalysts are solid chip pricing environment (tight supply) and cost competitiveness.
Our EPS revisions for FY15-16E are c.50% on average at higher/lower ASP/cost. We also expect dividend payment from FY15-end. Lower cyclical risk and higher shareholder return lead to bigger EVA (WACC down vs ROE up); clearly a different cycle.
This is quite a remarkable turnaround in opinion (and price target) and only deepens my suspicion of Wall Street institutions. Such a fundamental change in opinion is not something to be taken lightly and I am reaffirmed in my belief, that investors listening to Wall Street get terrible advice indeed -- on average.
However, the endorsement of Micron by Jim Cramer is even worse. Jim Cramer, former hedge fund manager turned TV personality, runs the hit show Mad Money on CNBC. When it comes to my investments, I actually like my stock to stay out of the headlines (especially positive ones) simply because it will attract the wrong crowds -- the short-term speculators, the traders and the Jim Cramer groupies who are only in for a quick buck."
He's not the only one. Here's another:
There are still some worries, though, such as the commoditization of memory, the risk of falling prices, and tough competition.
You want to hear what you want to happen, and are not being objective or looking at all the facts. You fail to mention or contest many of the very important facts and arguments given by Electric-Phred. So, as far as I am concerned, your post is merely a cheer-leading for what you want post, and you base your beliefs on analysts who all come out the same day with the same talk. If that is what you construe as some great truth, you need to rethink whether you are viewing things objectively, which you're not.
Let's see - I quote intelligent comments from a highly-respected author, and this beast posts abusive, antagonistic comments like this, every day, which say NOTHING but infantile barbs. You decide who has mental problems.
Read the WHOLE article. Electric Phred is highly thought of on SA & this board. His bullish stance is tempered, and with worry, about MU's statements about DRAM, etc. As he states:
"This needs to be considered in light of analyst presentations recently made by Ivan Donaldson (Micron IR), which suggested the current DRAM market is so tight that Micron is only carrying a week of DRAM inventory.
The "nuanced" NAND market. I strongly agree with the recent SA article written by William Tidwell "Coming Clean on NAND" in which he suggests the situation for the other ~30% of Micron's business is far less rosy. As his initial bullet states, "Micron is lagging badly in NAND vis-à-vis both SanDisk (SNDK) and Samsung (OTC:SSNLF)."
"Conclusions. I am a long-term Micron bull who is very concerned about the comments about Micron's position in NAND made by Micron CEO Mark Durcan on May 28, 2014. Durcan never makes individual analyst appearances. I view his frank, negative, and unexpected comments about Micron's NAND position as tantamount to an earnings warning. Here's a question and answer from the Bernstein conference where he spoke:
: What kind of timeframe should we expect for improvement on the NAND margin side?
: Well, I think you should think in terms of, not next quarter. This is a - you're not going to see instantaneous improvement, although you'll see that Micron's bits will start going in the different places next quarter.
You'll see improvement in terms of the mix of where our products are going pretty quickly. I would think that you'll see improvement in gross margin over the next two quarters or three quarters and you'll see us move to close the gap in the following couple of years, six quarters, something like that.
Durcan is saying we will continue to lag our competitors for "...a couple of years...". That's a very long time in the fast moving memory market."
Chew on that before raving about earnings & share price
More like your breakaway schizo mind is in full psychotic mode.
Ever hear of the demented, mental patient called cigarking? An example of his postings is below. And, these are continuous; so what messed-up excuse of a human does things like this? Click on my name and find all his postings.
Curse? Your garbage and presence on this board is a curse. As far as distorted emotional issues, you are the perfect example.
Did it ever occur to you that if they upgrade eps & revenue, the bar will be even higher for MU to beat? If this quarter isn't total blow the roof off, it will be blow the stock down to who knows where. This was already the case before today. Now it is hiked up tremendously in expectation. Wait for another earnings with guidance problems, or anything at all less than stellar, and you'll see.