Interesting observation. Could just be it's tracking the overall market. I'd suggest tracking/stacking a number of stocks along with MU on a comparable chart. My guess you will see the same similarity.
It might be a short term "positive development" for the MU stock but long term a very bad move!
Your original point was MU's earnings have been down/aren't going anywhere while SWKS is up/better. My point: the overwhelming majority of semi stocks performance HAS BEEN DOWN THIS YEAR. Wall Street Journal just put out an article on it today. "The PHLX Semiconductor Index is still down about 4% for the year...."
SWKS and a few semis are an exception but semis as a whole have gone down this year. OK, let's just revise thist from what semis have done for the year to - what they've been doing in the past couple months (down to sideways). As far as SWKS goes as a supplier for AAPL, in case you haven't noticed AAPL's slowed down, the stock's down and no sure bet going forward. And if you don't think expanding earnings is a #$%$ shoot for all semis going forward then be my guest blow your whole retirement next egg right now on SWKS! AA
Cheetah, you addressed nothing of substance from what I just posted. You slam MU's X-Point prospects but ignore what's right around the corner - earnings starting from 3D Nand. You do nothing but dodge substantive questions/issues on this bd while chronically cheerleading an old worn out short/bear story on MU. Oh, and you say you stay on this bd to protect people from the Bull side, ha! That'd be fine if you provided any substance!
You can still do your MU bear Options and/or Short strategies without posting on this bd bashing the stock. And don't waste time telling us you don't short MU - only Options - your a Bear just the same. Stay on your beloved 4 horseman msg bds and leave MU alone. You serve no purpose here other than your own selfish agenda. kg
"earnings are on the decline "
All semi earnings have been on a decline! Supply/Pricing problems don't last forever. Cyclical business and/or oligopoly of the 'Big Three' (whichever you believe). AAPL's still selling phones & gizmos just fine and will continue. China wants our products bad! MU's in the thick of this and has disruptive technology/products getting big attention. What's not to like Mid to Long term! MU earnings will pick up by NLT mid-2016, so, rather than spread fear about what's already happened, let's hear what you have to say about going forward 2Q 2016 to mid-2016.
So far I have confronted jekdc once. If he keeps doing the annoying #$%$ and filthy mouth thing, I'll do it again. I pretty much ignore this #$%$. jekdc's too new here to get my feathers up really.
Oh, I see, so you've been molesting wisecracks on this MU bd everyday, every week, every month, for the past year, waiting for it to crash to "$13.50"! I see. That's your strategy. And this is because X-Point is "unproven". X-Point's way off in the future. You've been here every frigin day forever trashing MU short term, mid term, no time frame ever mentioned, etc. This is the first time I've even heard you give your thinking reasoning!
You fail to mention 3D Nand is on deck now for revenues showing NLT mid-2016. The 3D Nand story is joint INTC/MU. That's what Longs are waiting for. What's your paranoia all about on 3D Nand, huh? Tell us that...
I don't think MU should do this (China State owned minority stake in MU) because once China's in the door, they'll steal MU blind. This is how it starts. Never mind INTC's doing it. INTC has more leverage. USA will sell stuff to China, not give it away...
Another very informative post from you cheetah, ha! Tell us WHY and with some substance you think MU goes lower MID to LONG TERM... kg
thx for your take tommy. Helps to know how old timers see TSRA. How long have you been holding TSRA? This started out a hopeful day trade for me. Now turned captive Long. I'll be in research mode on this going forward until I get a solid feel for how long this will take to play out for me.
Kg2931 (TSRA Long 1500 Shrs @ $36.80 CB $55,200 held since 11/04/2015)
Yahoo web site Analysts current 'Mean Target' is $50.67. Quite a disconnect from where it's at and falling. This is a puzzler. Guess I'll just have to wait out my falling knife $36.80 day trade blunder, hope n pray and wait for the Dec 14th Dividend.
imhflying, what are you flying on, Crack, Acid, Mesculin or Sylicidum?! You'll be alright.
How is this "LION BROADCASTING" coming up with this stuff?
From what I've read from smart folks on SA, MU's 3D Nand is superior to Samsung's 3D.
Also, just what does this mean? "3D Xpoint technology will hurt Micron DRAM business" MU's 3D Xpoint is supposed to be a 'greatest thing since sliced bread' disruptive technology and MU is leading the market with it!
thx for taking a positive encouraging view on the threat of China (the Chinese State run Co's) Vs MU. I hope you're right. Not being a corporate lawyer this is a very challenging subject.
Kg2931 (MU Long 2K shrs @ $24.92 held since 3/5/14)
thank your smith! And this is the reasons old timer Longs remain very Long!
Kg2931 (MU Long 2K shrs @ $24.92 held since 3/5/14)
Gee, I wonder if both cheetah and jctuttle14 are ex MU employees, ha!
Your time will come jct. Dram won't always be falling and 3D NAND & Xpoint will overcome eventually. Always a matter of time horizon (so don't link all Longs as crazy or stupid)! kg
thx z27. I'm sure the above article is current but would you mind providing the date of the articles that you post. Not all of us here see these articles from day to day... kg
Thx for straightening me out on the 'recurring'. From another thread I got the idea recurring was referring to the past litigation settlement amounts being made on a scheduled payment plan (thus - recurring). And now since they've expired, not recurring anymore. Makes sense recurring should and does mean "license fees, consulting fees and royalties" (ongoing business stream). Got Confused.
I'm still trying to understand just how much these episodic litigation payments were propping up TSRA's sp, or put another way, now that TSRA's no longer getting them - how much that can explain the past two week's sp rapid decline?
Reasonable question. I've learned that when a co announces a buyback, it's a buy back program for a dollar amount over a specified time period like the next year. Once it's effective (usually at time of announcement) they periodically buy shares throughout the year. They won't give you like a schedule in advance and they won't tell you how many of the total have been bought except at Qtrly and EofYr ER releases. This is my general understanding, as near as I'm been able to figure out. Maybe someone else can expand on this. kg