Purchased at 30.01 as it sat in that area for some time. During lunch here the market makers have taken it even lower.
China has implemented the law of freedom of religion. The government makes the laws and tells the church what they can teach. They can teach "love your neighbour" and other positive social values. Other teachings from the bible regarding Jesus Christ as the Son of God and salvation are not acceptable as they could be disruptive socially. Here we are, a country founded on these principals, who will soon be putting our citizens in jail for expressing these beliefs. It may seem better for the government to feed the poor and make them more and more dependent on it but I am sorry, we are in for a rude awaking when the many selfish, powerful governing leaders dictate how we should live our lives. Dependency does not bring freedom. It creates slavery.
Would think that this would hurt MU. Samsung also doing well via taking business from QCOM. Probably a good reason why MU is seeing a slow down as they stated in conference call.
Samsung is definitely cutting into QCOM profits. I was involved with Samsung in some work they were doing and I must say that I was impressed with their quality and professionalism. This is going to be more pain for QCOM Shareholders.
Difficulty for myself is that in many situations a person's word is often not credible. I was reading two weeks ago that the new truth is to lie. Supposedly folks are supposed to know that everyone is a liar.
Being an ethical opportunist I thought you would appreciate this.
Still think that there is some credibility to the 60 minute report. if not then they will be paying a lot of money for that one show. Can not see them showing the program without doing their homework.
Another analyst says to buy at 25. UBS shares that MU weakness would be a buying opportunity. Does the "would" denote future, meaning when it goes lower, then you should buy? I do not pretend to know what is going to happen so GLTA in your decision making.
That being said, I did share earlier that the conference call would be crucial. Nothing really new in sharing that , yet it was very valid. Even adults with the mentality of an 8-12 year old(moron) can figure this out. I wonder what they call people who couldn't figure this out?
Glad it makes you happy. Difficult to be remain happy when responses are condescending. Wondering how that hedge has worked over the last few months or do you just use it for earnings day and are out the next day?
I am also one staying out of this. Made one trade this morning when it went under 27 at 26.90. Sold when MU got back to even which is where I was thinking it will end up trading for much of the day. After INTC's earning report I am concerned that MU will share that things are slowing down for them. The high American dollar is definitely going to hurt the bottom line. I have personally been involved with some of Samsung"s technology and the competition is really picking up which will affect MU. How much I do not know. The slowdown in the PC market is also a concern. The earning misses by many companies are a concern. It is already beaten down but if the big money decides to stay short or short again then it can go much lower if they warn. Not a gambler so will wait until after close to make a decision whether to buy or short.
Well KLAC hit another 52 week low today. Obviously the storm is on while the market is nearly at 52 week highs. Will be interesting to see response from MU earnings after hours.
Going to be interesting tomorrow. Semi's certainly not doing well. Lowered some estimates on some again today. Thinking that the conference call will be significant tomorrow. I sold my shares about an hour ago. May make a trade tomorrow but certainly will be out before close. GLTA
Would agree and hopefully that is what will happen. On wall street the scenario's that one thinks should happen do not always play out. GLTA
So you buy a house for 300 thousand dollars. You put in 60 thousand dollars of renovations. You now sell you home for 306 thousand dollars. Your revenue you received was 6 thousand more than you paid. It cost you 54 thousand to receive 6 thousand more. You can use that kind of accounting if your the FED but for we mundane folks that results in a loss. You sound like the late Edward Kennedy with your response.
They brought in more revenue but lost more. Earnings missed by a bunch. I know this is a crazy market that is very manipulated but really this should be going down a bunch unless there is some positive news on the conference call. If I was supposed to make 10 million on revenues of 30 million and made 6 million on revenues of 36 million I would not see that as a win.
The only way this stock Quadruples is a reverse stock split before it goes bankrupt. Another #$%$ Chinese company.
My thinking is that this is wall street making a lot of money short. Purchased at 53. They have to cover to keep the money. Unless they are planning on tanking the whole market I think that they take some profits from SSYS. We will see.