Sat, Aug 23, 2014, 12:00 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Micron Technology Inc. Message Board

highlowsel 879 posts  |  Last Activity: 23 hours ago Member since: Feb 26, 1998
  • Reply to

    PM bid $103.14

    by highlowsel Aug 22, 2014 9:19 AM
    highlowsel highlowsel 23 hours ago Flag

    Bid $104.98...sumbody stop me from hyperventilating! ;-)

  • Reply to

    Better sell before you loose all your gains

    by bumperrstime Aug 22, 2014 10:59 AM
    highlowsel highlowsel Aug 22, 2014 11:58 AM Flag

    Isnt' there sumthin' along the lines of taking the Lords name in vain and all that? I don't think I'll be wanting to stand near you.....the lightening bolt might miss and hit me. ;-)

  • Reply to

    PM bid $103.14

    by highlowsel Aug 22, 2014 9:19 AM
    highlowsel highlowsel Aug 22, 2014 10:12 AM Flag

    Bid $103.79. Yup...good day (so far). ;-)

  • highlowsel by highlowsel Aug 22, 2014 10:12 AM Flag

    Looks like its starting off like yesterday....do a p/b touch bottom and go go go!? ;-)

    Let's see how it plays out here on weekly opts exp friday.

  • highlowsel by highlowsel Aug 22, 2014 9:19 AM Flag

    Gonna be a good day me thinks.

    Highlow
    American Net'Zen

  • Reply to

    Let hope this continues

    by momentum_play Aug 22, 2014 1:02 AM
    highlowsel highlowsel Aug 22, 2014 8:37 AM Flag

    Typically speaking when an equity starts to run it tends to do so in "3's." Yesterday was Session 1 of a break-out run. There may be (at least) 2 more sessions of this before consolidation occurs. As for $18...my WAG is the pps will get there.....when? Who knows. Let's take it one step (session) at a time and see how it manifests. PM bid $16.14.

  • Reply to

    Bid $16.05

    by highlowsel Aug 21, 2014 2:37 PM
    highlowsel highlowsel Aug 21, 2014 3:11 PM Flag

    DEFINITE break-out occurring. Volume is huge...+127M and climbing....nice nice and NICE. Finally, eh? ;-)

  • Reply to

    Bid $16.05

    by highlowsel Aug 21, 2014 2:37 PM
    highlowsel highlowsel Aug 21, 2014 3:09 PM Flag

    Bid now $16.16. Triple top break-out occurring. Nice....

  • highlowsel by highlowsel Aug 21, 2014 2:37 PM Flag

    Nice....this is basically testing a triple top (of the last 3 months) as it's been up to this ~area two other times in the last 3 months. Possible triple top break-out setting up, and it's putting $16.50 on the table for testing....and that level falling puts $17.25 on the table...a line it last saw back ~March 24. Things are lookin'.....pretty good? ;-) Bid $16.06.

    Highlow
    American Net'Zen

  • Reply to

    16

    by mr.bombinator Aug 21, 2014 12:08 PM
    highlowsel highlowsel Aug 21, 2014 12:50 PM Flag

    Dare I say this....maybe +$16 today? Bid is at $15.88 and we've another ~3hrs remaining in the session. It could do it...especially when I'm seeing such as a 100K block buy just ziggy by at $15.89......but let's see how it plays

  • Reply to

    Something to think about regarding BAC

    by hucktwain Aug 21, 2014 12:16 PM
    highlowsel highlowsel Aug 21, 2014 12:44 PM Flag

    Don't know about "awful lot of money" but I tend to agree. In any case they remain a "going concern" despite the heavy lift of all the settlements. And now without the DoJ boat-anchor weighing Poochie down I'd like to think that at current bid $15.85 this one is about as close to a slam dunk (for the buy side) as this game ever allows.....just keep yer fingers, toes and eyes crossed that nothing massively negative occurs on the geo-political economic front to impact the BAC pps rosy scenario that is unfolding....

  • Reply to

    EXTORTION-PURE & SIMPLE

    by jtmbjm Aug 21, 2014 10:57 AM
    highlowsel highlowsel Aug 21, 2014 11:07 AM Flag

    Besides.....check today's Bloomberg report....here's a cut-n-paster:

    "Countrywide Financial Corp. co-founder Angelo Mozilo hasn’t entirely escaped prosecutors’ wrath for his company’s risky lending. A U.S. government task force wielding an innovative legal strategy plans to bring a civil case against him over the excesses of the subprime-mortgage boom. "

    Legal actions are a notoriously slow grind...but they grind very VERY fine.....I would not want to be him these days....

  • Reply to

    EXTORTION-PURE & SIMPLE

    by jtmbjm Aug 21, 2014 10:57 AM
    highlowsel highlowsel Aug 21, 2014 11:03 AM Flag

    I'll bet Mozilo spends a considerable part of his time these days looking over his shoulder....

  • Reply to

    PM last sale = $15.61

    by highlowsel Aug 21, 2014 7:26 AM
    highlowsel highlowsel Aug 21, 2014 10:48 AM Flag

    Large block trades oft-times get broken up into smaller individual sizes....overall the action is basically dictated by the depth of the (large) plyers/institutions "book." With BAC it's hard to read any "retail vs institutional" character per se simply because (to my mind) that true characer is being masked by Master and his minions. Overall there seems to be a higher highs higher lows intraday scenario shaping up....and using the stoch's seems the metric of choice in determining the stair-step p/b's along the way. But we're only a little over 1hr into the session...let's see if this continues...for now the aforementioned pivot point is being broken...if it stays that way then ~$16.10 is on the table as a target....though probably not today...

    Bid $15.76.

  • Reply to

    PM last sale = $15.61

    by highlowsel Aug 21, 2014 7:26 AM
    highlowsel highlowsel Aug 21, 2014 10:26 AM Flag

    Yah....no surprise the mischief continues. Consider, 1) the HUGE size of the float, and 2) the equity is a HFT/Algo "churn darling." Just because Godot (DoJ decision) has arrived doesn't change either of these two items. So though the bias is up you can expect to see a continuing HFT/Algo influence....they churned it down in sessions past....they will probably churn it (up) into the future. The dynamic may have changed, but the players have not....

    Bid $15.76....

  • Reply to

    PM last sale = $15.61

    by highlowsel Aug 21, 2014 7:26 AM
    highlowsel highlowsel Aug 21, 2014 9:55 AM Flag

    Yah...bid now $15.81. Looks like some suppressed energy being released? ;-) Anyway....tracking my trading tranche with a (mental) stop at just above my 10penny market. If the direction continues apace I will ratchet it (the stop) upwards in accordance.....we could finally have a nice day in the BAC space. Not GILD-like, but nice for this equity...but let's see how Master play with Poochie after the first 30 minutes...typically speaking if "he" is gonna yank he does so at the ~30 minutes into the session mark.....

  • Reply to

    PM last sale = $15.61

    by highlowsel Aug 21, 2014 7:26 AM
    highlowsel highlowsel Aug 21, 2014 9:42 AM Flag

    Huck: Inflection, or pivot, point is how I see $15.65. I just bought a trading tranche at ~$15.62 on the session opening yank. When trading I look for +10pennies. In this case I'm gambling on the opening touch (the bottom) and go go go! Let's see how it plays out.....bind $15.69.

  • Reply to

    BAC needs to fight back harder.....

    by jamesjones201212 Aug 21, 2014 9:28 AM
    highlowsel highlowsel Aug 21, 2014 9:36 AM Flag

    Nah....fighting back against the powers that be is akin to fighting a cop who pulls you over for speeding. It can only end badly. Better to just "Yes Sir. Thank you Sir!" and move along....it ain't worth the effort to tilt against that windmill. Bid now $15.65.

  • Reply to

    settlement

    by wallstreetgolfer Aug 21, 2014 8:53 AM
    highlowsel highlowsel Aug 21, 2014 9:02 AM Flag

    Tigger: "....whether everyone is comfortable with the assumption that this is, indeed, the last of the big ones."

    HA! I agree. I expect over the shorter time frame that the players will, in effect, be whistling at midnite thru the graveyard and constantly looking over their shoulder looking for the "another big one" boogeyman. It'll take time to stop being so gun-shy....but regardless my WAG is the overall bias will remain as it has been...upwards....so.....if'n you've a +1yr horizon buying now should make you happy come Labor Day 2015.....

    PM bid $15.63.

  • Reply to

    PM last sale = $15.61

    by highlowsel Aug 21, 2014 7:26 AM
    highlowsel highlowsel Aug 21, 2014 8:46 AM Flag

    Lan: As of July 31 the short interest in this equity was at 102.2M. That seems large, and it is up over the prior month, but nothing truly excessive when juxtaposed against the sheer size of the float. I don't see it providing all that much upside "energy" in pps movement. Why? Well...the professional shorts have probably closed their positions. It may account for a lot of the sideways to slightly down action seen in recent sessions. There would be little logic in holding such a position when you know a DoJ decision is imminent.

    And for those still holding the position...well....even so given the sheer size of the float, and how heavily freighted the equity is, I still maintain that the equity is a lumbering beast not capable of breaking out into an Olympic sprint to the upside. It will (probably) lumber and lurch to the upside, all carefully controlled and choreographed by Master. You don't need to worry about missing and chasing. That said......since the analytical talking head/classes and powers that be have been so uniformly enthused by BAC's prospects I expect to see a blizzard of positive commentary in the coming days, and via all the usual portals and such, all a basic attempt to influence the overall direct. But even so...did I mention lumber? Bottom line for me? The BAC table is clear. The bias is up. The FUD is abating. What's not to like at current valuation, eh?

    All just my 2pennies worth. Now watch the bid zoom to +$16 (heh).

MU
33.29+0.10(+0.30%)Aug 22 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.