OK, I read it. Good article. As a long term captive I plan to hold at least into mid 2017 but might sell mid 2016 if I'm up a little by then.
At the end this is what he said this:
"I firmly believe Micron is very undervalued at these price levels. I have been increasing my long position by buying more MU shares over the last several weeks. While there are real risks that could damage Micron's value in the future, the risk-reward ratio is very favorable for longs right now. While I believe Einhorn is a fantastic fund manager, I think he is making a mistake by reducing his holdings in Micron now. I find myself on the opposite side of Einhorn's recent MU trades. It is going to be a very bumpy (and hopefully profitable) ride with the stock over the next 18 months. Over this time, we will likely get a clear picture of the potential (or perhaps failures) of 3D NAND and XPoint. I remain very optimistic about Micron's prospects."
Are you including the Qtrly dividends added in as well as your trade earnings? Does seem counter intuitive. What you're saying is MSFT is a better trading stock than long term investment. Not sure I buy that going forward. With the IOT & Cloud part of MSFT it seems like it's now a new animal going forward... kg
I can see MSFT going higher but I think it's because of it's IOT space going forward. My question for you would be how do you see AAPL competing in terms of it's IOT space? Or, perhaps this is sort of a Apples/Oranges comparison? Dunno.
I see. I'm new to watching the Microsoft stock. Didn't catch Uncle Bill's selling news. Not sure the 4M shr sale will have much long term impact. This could also be profit taking after this week's run up.
What's "uncertain" about 3D NAND, XPoint or the agreement with INTC?
Well, I guess no one else can find any news on this either! Come on people! Do we have investors on this MSFT msg bd, or just techies?
I've read all the posts here and it would appear both sides of the argument is a bias depending on your time horizon. Those that point to falling earnings and those that point to the leaders in disruptive innovation and the ability to pull it off in the near future.
Kg2931 (MU Long & Strong 2K shrs @ $24.92 held since 3/5/14)
LOL. Chinese have and will continue to cheat us and steal from us blind for years, or as Trump would say, because they're smarter than us or we're STUPID! Twisting that into a racial issue is beneath even you cheetah! Really stupid! kg
Might be a fair statement. I don't know. Haven't been watching these people on this bd as long as I have you. You have an established history of bashing MU with very little facts other than the stock's gone down to prove your position.
whosunw, thanks for sharing this. Hadn't though of that. Not that intimately knowledgeable of the actual agreement. Assuming like you say that MU is more in control of the technology, then this is all the more reason MU should have never allowed this China deal to happen!
Vinc, I understand your point and tend to agree however, for now I will take the news release for it's word and the impact that is having on the market. Intel/China plans to have 3d Nand fab operational by mid 2016. kg
I don't "pump" MU on this bd. I do try to stick to facts and when facts look favorable for my investment I share opinion based on facts. All of us fall into occasional bad habits, but unlike you, most stop when pointed out. This is why I continue to be here:
Kg2931 (MU Long 2K shrs @ $24.92 held since 3/5/14)