Come on $5.41! No, haven't been here that long but I've been around awhile...
kg2931 (10K shrs VG @ $5.22 ($52,207.25) Long since 4/28/11)
Sorry, I couldn't recall your position on MU. Within 9 months I expect us back at least high $20's to $30. 9 mos puts into April 2016. By that time I expect Win10 numbers to give a slight boost but more importantly revenue will start showing from the 3D Nand. What do you base your "expect 13's in the next 9 months" on?
Hi camp. I hope your time horizon is at least into the end of this year, preferably into mid 2016. If you can wait that long I see the sp back in the 30's. (barring major correction/global events)
Kg2931 (Long & Strong 2K shrs MU @ $24.92 held since 3/5/14)
and I sold have my position (2K shrs @ $24.92) June 2014 at $31.83 for a good profit.
"that rumored buyout" is a non event, nothing more than a hoax. I'm glad it raised the sp a little but it' of no significance long term.
"$17 stock" will be back to mid to high 20's by year end and the 30's by mid 2016.
Kg2931 (Long 2K shrs MU @ $24.92 held since 3/5/14)
I stated my position and time horizon already. You've answered my question, you're short to mid term "to 26. Order is already in". We'll be seeing 26 by November-December. We'll see +30 by mid 2016 (that's long term).
Will be interesting to see how the analysts, media, news releases, etc change their tune when the Win10 numbers start showing a pick up in PC's/LT's... The industry so far doesn't seem to think Win10 will do much but perhaps they're wrong. Perhaps Win10 will rejuvenate desktops & servers more than we think...
italian, curious, what's your time horizon for holding? Long, mid, short term, momentum trader, etc? I'm holding into next year for the 3D NAND to play out.
Kg2931 (Long 2K shrs MU @ $24.92 held since 3/5/14)
And within that two years, you also held and traded MU. Just don't anymore. (I remember all the 97% discussion) You're only here now to bash the MU stock.
Might get em going but realize any deal struck wouldn't get completed/materialize for 6 months to a year. By that time MU's well underway producting 3D NAND, 20Nm and the PC market will also be helping us by then.
The other thing no one mentions is MU's Idaho based blue blooded apple American pride. There's no reason to sell, let alone to China! This is why I say there is something more going on between China and the US Govt on this. China probes Co's now and then to practice and get better at their stealing strategies...
z27, Good theory. Let's carry this out further. I haven't investigated Tsinghua, what does the co do? And how would this work? Tsinghua buys MU, then INTC buys (takes over) the rest of Tsinghua?
If you're implying a merger with INTC, I don't see it happening and not sure it would be better for MU shareholders share price. INTC isn't interested in the DRAM business. The INTC share price is a slow mover and has challenges of it's own. Although I wouldn't mind, or prefer owning INTC at this juncture, I don't see adding MU accelerating a combined sp rise.
I think China is really up to something much bigger than just MU and INTC. Wish someone knew what...
Surprised no one's picked up on this Topic yet. From pt of view it's the only thing to make of this ridiculously low buyout offer. I think China's playing with MU's business (they can just steal it like everything else they do) and playing with the US government. I wonder how often China does this, testing the waters with our Govt?
One of Bloomberg's articles this morning claims 41% of MU's revenue comes from China. So what's the implied threat here? Sell out on the cheap to China or lose their business? (nevermind this buyout will never happen).
"Micron will have to tread carefully in negotiations. Tsinghua is state-backed and China is the world’s largest market for semiconductors. Micron got 41 percent of its revenue last year from the country."
Sad but truee, but the street shareholders are a minority. The insider and institutional shareholders rule any vote. So, we better hope MU isn't even considering anything south of $35...
"Micron (NASDAQ:MU) sells memory chips: DRAM chips and NAND chips. The latter type of chips will replace hard disks soon. As a matter of fact, the next computer I will buy will be one without a hard disk. Such computers are faster, more reliable and use less power. Such a replacement would already make sense for me. However, I usually wait as long as possible to replace my laptop, as it takes time to buy and install a new one. But apart from these non-financial switching costs, replacing your hard disk PC or laptop with one with solid-state memory makes sense already. Imagine everyone replacing his or her hard disk in the next couple of years!
Of course, I could just swap the hard disk in my old laptop with new solid-state memory. Many people have done that already. That would be the cheapest solution for me. But why would I invest my time to end up with the same old and slow processor? Because of these hidden switching costs, many people will replace their laptop or desktop instead of just the hard disk. These new computers will need new DRAM as well. As a result, the demand for Micron's other product, DRAM, will surge.
So Micron produces disruptive products that will replace all hard disks: NAND chips. "
The rhetoric you ran on during your 2014 campaign re MU's a lousy stock just turned out to be true for 2015. Much of this was not logical per Co and media news put out to the public. Most if this was due to surprises from Apple and Samsung, slow PC sales and slow delivery schedule for 2N and 3D NAND. All temporary things. Your thesis/campaign promise the PC is dead and MU in a dying industry will come to pass.