Well it was not early in the week, but look at the volume.. still is not over.. If I were short, I would be very nervous. Just like the JCP longs got fried not wanting to give in to the obvious, MU is going much higher.. Shorts, holding on a stock because you think its over priced..Get real... At one time this stock was a good short... NOT NOW... Just depends how much money you want to lose. All I know is LONG IS STRONG.
Love or hate this stock. It does not matter...The longs got it wrong all the way down to the $6 range.. NOW the shorts have it wrong. Holiday season is here & expect it to be good. JCP is moving in the right direction. Anyone thinking that people will not shop there are fools. People will go where they can get the best value. JCP is an iconic name & they will survive. Shorts good luck with your fight.. But remember the longs thought the same & got there butt burned. A smart person does not run into a burning building without a fire hose. Momentum & the time of year is on JCP side.
If you are short this stock you are a fool. We broke average volume today. Next week you will see a huge volume day followed by two more days of above average volume. Could easily see $21+
Had my days messed up. SNDK, solid results today.. Memory & semi's are the play for the rest of 2013 & 14.
Sentiment: Strong Buy
MU crushes revenue, which by most standards is what you want to see, Memory outlook for sales has never been better. Only one month of Elpida on the books & the numbers were great. Stock goes down????
IBM & EBAY miss revenues & the stock does exactly what it should do drop. What the hell are the investment community looking for. Wait till tomorrow when SNDK reports, they will reiterate what MU has been saying. Both memory players will see a nice pop after that. Hey, as long as memory is in play, it does not matter how long the run has gone. Huge sales & revenue for this commodity will continue at record pace. By Xmas, well over $20.
Sentiment: Strong Buy
This baby is going over $20 before earnings.. To many people have there stops to tight. After earnings.. over $20. Enjoy the ride. Memory is here to stay in 2014... Shorts better cover or they will get fried. Just like the longs got fried in JC Penny. You just have to know when to say when,
Sentiment: Strong Buy
Just an update....
You can try to fight it, but it is going higher. Much higher.. $20+ before earnings/& much higher after earnings... Looking at the shorts here is like watching the longs on JC Penny.. get over it & move on. Because either way you will be cover soon shorts. Just have to ask yourself how much pain do you want to feel first.
You have no idea #$%$ you are talking about. The FED did exactly what you do when there is uncertanty. If you try to listen to all these so call economists you are a fool. In fact reading your posts about MU does'nt say much about your knowledge of the company or what they are accomplishing. To bad your mom did'nt swallow that night instead.
Yea, that is right, take note also that this is what is going to drive this up alot faster. Because you are looking at 18 to 20 dollars by the time they report earnings, then north of that after they report.. The writting is on the wall. They said back when netflix was in the 50's that this was dead money for this company.. Hmm.. It is north of $300 now.
Micron, higher memory demand, getting more money per bit, & just stole Elpidia which will increase the bottom line many times over. Also they will be doing some return for the investor(buy back or Dividen) I am in it for the haul. Will not consider selling until Dec.
Sentiment: Strong Buy
Jan. 2012 people thought Cray was a #$%$ stock($6/share) destined for pure disappointment as an investment.. If I would have listen to the dumb #$%$es on the message bd I would not have invested & today it is over $22 a share. People need to do there own research on specific companies. When I start seeing investor/analyst trying to rationalize a drop in share price one needs to evaluate why. In short, these clown's have no clue. Lets start with the Elpidia acquisition taking place. Next all memory makers are reporting higher rev's & guiding higher for the year. Next we are entering the seasonal period when semi's start to strengthen. Contrary to what people are trying to tell you, the handset numbers are not falling. Next SSD's sales are going through the roof. Server memory sales increasing. Oh, & lets not forget that the price of memory is going higher.
Frankly when I read reports like Morgan Stanly & others that base there judgment on NO facts, all I can do is laugh, what pathetic individuals. Then you see the same idiots on this board post dumb #$%$ comments with no understanding of what the hell they are even talking about. I actually feel sorry for them.
All I remember is what they said about Cray, now who is laughing. The same will be true with Micron, soon we (longs) will be laughing at what these pathetic excuses of air breathing individuals have been saying & we'll be a little more richer for using common sense investing.
All the memory makers are reporting stellar earnings this qtr. Micron INCLUDED. Elpida acquisition will bump sales hugely through the roof along with revenue. All looking forward estimates are being raised by the three memory makers(Samsung, Hynix, Micron). To many of you need to start looking at fundamentals & buy a stock for longer than 6 hours. Use these dips to add, because before Dec. this stock will be over north of $20. And as for the people that are bashing you might want to leave your job at McDonalds & go back to school.
Beginning of May we were at nine dollars & some change. By July we are around fourteen plus. So we went down 6.4%. I agree that sucked. I see no real problem of taking some profits & reallocating that money into something else. What has changed, nothing, they were profitable last qtr, elpida is pretty much done & when finalized, will increase the value of this company well past fifteen dollars a share. Market is on a tear. I personally added to my position around the $13.38ish. I personally cannot predict bottoms, but I know before the end of July, we will be over $15. Mark this post, I will return to it when that happens. remember, day's like today when you feel like there is blood in the streets with no bad news, makes this a very smart time to get into a stock. Good luck to everyone.
Why do you listen to this dumb #$%$. Like he knows anything. All I know is this, that my brother n law works for JCP in green bay. He is a manager of the men's clothing dept. Apparently they have been extremely busy & moving product for some time now. Does this mean a banner qtr. Don't know.. But I am betting on them doing very well starting now through Xmas. I have bought & am holding.
This stock will go north of 20 by the fall.