MU stands on it's own. MU will not be bought out/taken over. Foreign countries (like China) need not waste their time even dreaming about it. Only thing even plausible for MU is a merger with INTC. Not likely anytime soon.
Kg2931 (MU Long & Strong into mid 2016 2K shrs @ $24.92 held since 3/5/14)
Most of the stocks I follow on my reader this morning are up anywhere from 2 - 6%. MU is only up .69% (11 cents)! Here's this mornings indices and four horseman:
Tue, Aug 25, 2015, 2:54pm EDT - US Markets close in 1 hr and 6 mins
^SOX 575.09 Up 8.51 Up 1.50%
SOXX 78.01 Up 1.24 Up 1.62%
SMH 46.81 Up 0.76 Up 1.65%
SWKS 83.02 Up 2.51 Up 3.12%
QRVO 51.73 Up 3.23 Up 6.66%
AVGO 111.48 Up 1.54 Up 1.40%
NXPI 83.72 Up 4.46 Up 5.63%
I'm behind about a week's worth of SA and Analyst news releases. So, don't have much of a current read on MU. Last I read MU's haircut is due to chip oversupply/pricing down and China causing the current US correction. As the correction peters out, will be interesting to see how much MU rebounds Vs the overall market.
Kg2931 (MU Long & Strong into Yr 2016 2K shrs @ $24.92 held since 3/5/14)
Thx. I read it. Looks like the article was posted Aug 18th (date on the charts)
"Gartner is expecting global DRAM revenue to decline in 2016 as oversupply causes steep declines in per-bit prices, and if that scenario plays out, a repeat of 2012 could be in the cards for Micron. Micron's stock reached a price-to-book ratio of about 0.7 in late 2011, so another 50% decline in the stock price wouldn't be out of the ordinary."
1) Different market now than in 2011. MU hadn't bought out Elpida yet.
2 Motley (Gartner) doesn't say anything / doesn't take into account Micron's 3D Nand and X-Point.
3) Says nothing about Win10 around the bend (which will help).
I'm still holding long n strong mid to end of 2016
I have taken notice of this news lately but I would guess North Korea does this more than the media reports so could be overblown or politics as usual. I doubt N Korea will ever do anything too serious against S Korea because they know we would be down their throats in a NY minute!
I tend to respect Mr Tidwell's read on MU as good as or better than Mr Fischer's. If Tidwell's now pointing to "2H 2016" will "will boost the stock", then as just one of many holding MU now at a considerable loss, I'll be holding into 2H 2016. Hopefully Win10 numbers will also give us a small boost between now and then.
"you never should have let it run below your buy price when theretofore you had nothing but gains. "
You forget or don't know I made the equivalent gains selling the other half of my pos in 2014...
I know the argument. I just can't wrap my head around the logic of selling now to lose 16 grand, just to turn around and have to trade to make it back to even. If I was really afraid MU will continue down past say $10 $15, bankrupt or taken out on the cheap, then I'd be selling now. But none of those apply and I'm banking on they won't. I'd rather hold into next year. If the whole market tanks into next year, all investments are gonna suck right along with MU.
Buying into any semi right now is as foolish as you say holding a 'dive bomber' is. However, I would consider your suggestion IF, MU was a small unknown debt ridden on it's way to potential bankruptcy stock. But we all know MU will come back someday, just a timing issue. Patience grasshopper... Oh, and what part of my being on vacation from trading/investing did you not understand?
wd, these are all plausible options yet you missed the fact and cheetah(original matrix) fail to recognize, that I'm not actively trading or investing this summer. Won't be doing anything with this or any new pos until about mid Oct.