to promote actual engaging convo about this stock w/o ridic TA analyis, please flag her comments for spam. judging from her avg rating of negative 5 thumbs per post, i am very confident that mostly everyone feels the same. join me and we can remove her.
thx, have a great weekend.
MU 40+ Feb 2015
really? please let me know who doesn't agree with that? she has at least 10 negative thumbs per post and says a stock go can up or down based on every element of TA possible... so really, you think that's useful to the board?
i'm serious when i say this. go kill yourself.
everyone and their mom knows MU always shoots up in the first 10 mins of trading only to gradually lose most of its gains. the last 3 days have indicated a bottom to me.. if you're "short-sighted" sure, take some pleasure we're off from the days highs.. but we're still positive and seeing higher highs and higher lows.
before staying above 30. Educated people who know about the Samsung news know that and possible capacity increase would take years to alter the supply/demand balance and even then, 3 years till coming online is a life time... a new supply/demand balance will have been established and new metrics will be applied.
i just heard that same segment too. i do suspect the circumstances were much different in the past especially with the new oligopoly in the memory players.
Perhaps he went overboard with a suggestion of an investigation, but aren't you responding a bit extreme as well? His point is true though. Why is this CEO making such a broad statement for an industry he has not much insight in? Seems like he hiding with excuses rather than admitting poor execution.
Reminds me of when yellen singled out social media stocks as being overvalued.
we really need to rebound today, just tested the 100DMA at 31.67 no reason to be negative after this selloff and if market rebounds...
i think its great. no gap now on the chart.. MU has been successfully in filling most gaps (except for the breakaway ones)... we will see 33s later today as nasdaq bounces back
the shake out has been identical the past 2 Qs, but more apparent and prolonged out (and a bit earlier) with a narrow trading range of 30-33. hopefully we move up sooner 2-days out from earnings rather than the 8 hours before earnings....
he forgot to mention that sndk has offered predictable guidance and consistent sustainable earnings for year.. .MU has just started this for the past 3-4 Qs... but i believe his main point of MU being a day traded stock and suppresses the breakouts does has some merit (as seen in the past year's chart). I'm still holding my MU EOY tgt of 40 once the shenanigans wares off.
i am too, but this is actually healthy for the stock, we went up too fast in the summer, we've consolidated and based, once the money and vol flows back in, we will get to 37-38 fast.