This is the kind of conversation we need here. There is so much spam and junk that no one stays when they realize this is the freak parade. Thanks for your posts.
are flooding Yahoo with spam. Many have alerted on each but apparently they are paying Yahoo for the space, combine that with the other useless drivel posted daily and you have the comedy channel message board. A shame for the few real investors seekinDD.
The Elpida boost is over. It brought this mediocre chip producer out of the pack with big earnings gains which have resulted in a new trading price level. I don't see another event on the horizon with that impact but the company is in much better shape. That the expectations for this quarter were guided down shows a more mature,confident and believable management. So all the angst over share price declines must be coming from deaf traders.
Well, this is Yahoo, an open forum and we have no defense against the constant spam trying to direct us to penny stock scams, head cases psychotically seeking approval buy claiming imaginary skills and 100 share teens who try to sound astute. If you understand that and consider this the comedy message board it will give you some laughs as you search for real DD.
He may not be an idiot but he need to do some more research. Trades initiated by Dark Pools do not show up to be viewed by little folks like us. They are thrown in after hours and cover the full trading range of the day when active.
When the company has already guided this quarter down it amazes me how many people here seem astonished that the pps is down. This has already been discounted with the stock price having fallen 30%. The only investment question will be answered next month when Q 3 guidance is given. They are now making some very smart moves issuing bonds to liquidate much of the poisonous convertibles that have put a cap in the rising share price due to their dilutive effect. And this new bond debt seems expensive now but as interest rates rise as they will, you will be calling these moves genius.
Looks like a bad call in hindsight. It's still. Little early to be making a judgement in hindsight. We would all be rich if we could know the future. You know his fund grew 40% in the Q 1 this year so I would be reluctant to say his MU position recently establish was bad.
Drexel goes to Hold. Genius. After the pps has declined 1/3 from its six month high. Hold is safe unless MU begins the much anticipated second half run early. I expect to finally over the next weeks add at a level that has huge profit potential by Dec.
While I do not believe in chart patterns as a predictor of anything it will be interesting to see if the present upswing is followed by an even larger drop as has been the case recently. My hope is that the down guidance is now built in at low 27s and we can begin a steady reversal toward 2ns half C2015.
As a longer term holder you should keep up with news and continue DD. .There has been many references to the just retired CFOs distasterous use of convertible bonds to finance the Elpeda purchase when it could have been handled less recklessly. The borrowing in recent years has been done to buy back the convertibles which have created a cap on the stock price through the conversion terms. The several recent bond issues are curing that problem. The current price movement is all about weakness in PC and certain memory products which everyone believes will be short term. Maybe, maybe not but everyone is free to take a position.
"I can't understand why this board would accept such a small premium" Think $200,000,000. That's the additional shares value management and the board gave themselves in April which I am sure was a condition the buyer had to approve that finally caused this drawn out acquisition to close. They were able to register and issue those shares out of an old incentive plan approved years ago. That is money that should have been negotiated for the shareholders. Thus the swarm of shareholder suits now forming.
The 10 day ave is around 16 + million shares . Looks like we may low thru 25 million today after a long consistent downdraft. Don't know if this signals capitulation but look like it is near.
They are for real and not public analysts. They only serve 125 corporate industry clients so if anything leaked it is suspect and if true would only be long after their paying customers were advised.
They said what management said when they gave down guidance for this quarter. Why most of the disgusted posters here think that means the stock price should move up is a mystery to me.
Actually they did pay more but the increase will go to the management who will receive the newly issued shares.Thats one of the openly greedy moves by management that is creating a field day for shareholder suits.
The BOD has the power to declare a dividend -or not. They have chosen not for the life of this company. Shareholders can only vote the board off or on. Hasn't happened and won't.