from one his recent SA articles:
(link) "Russ Fishcher http://seekingalpha.com/article/2784025-intel-and-micron-for-fun-and-profit?uide=731916&uprof=45
"Buy Micron shares before the earnings announcement on January 6, as much for clarification on 3D NAND and SGM as for good earnings. Then move the money from Micron to Intel shares to catch the Intel earnings report on Thurs January 15th. Then buy yourself something nice with some of the profits. Do it in a Roth IRA if possible."
Note: looks like Russ didn't forsee MU's drop coming post earnings...
Both SNDK and MU getting pummeled today.
MU 31.44 Down 2.08 Down 5.80%
^SOX 672.60 Down 12.92 Down 1.88%
NXPI 80.62 Up 0.30 Up 0.37%
AMBA 61.35 Down 0.48 Down 0.78%
AADI 0.0015 0.00 0.00%
MCHP 43.98 Down 0.54 Down 0.83%
MXIM 32.70 Down 0.29 Down 0.88%
TSEM 13.54 Up 0.11 Up 0.81%
IDTI 17.82 Down 0.50 Down 2.73%
FCS 16.58 Down 0.14 Down 0.60%
MSCC 28.03 Up 0.01 Up 0.29%
CSRE 51.94 Up 0.08 0.00%
SNDK 83.06 Down 13.98 Down 14.41%
MPWR 47.20 Down 0.89 Down 1.85%
MTSI 30.37 Down 0.12 Down 0.49%
AMAT 23.80 Down 0.44 Down 1.59%
Sandisk's ER mimicking MU's ER is just what the industry does this time of year. Not to worry long term.
Shares of Micron Technology (MU) are trading lower by 4.77% to $31.92 in morning trading on Monday after "its peer SanDisk (SNDK) cut its revenue outlook for the fourth quarter"
"ScanDisk cited weaker than expected sales of retail and iNAND products for its reduced outlook."
Thx for the opinion. Guessed I missed the boat. This is what I get for not having paid enough attn to this pos last year. However, relative to how long I've held it watching it do nothing, this recent rise has come on rather abruptly, much appreciated but didn't see it coming... kg
Yes, but I'll bet your watch list, like mine, is more like a dozen or more. I agree though in the simplicity and manageability of owning just 4 to 5. Have a nice weekend. kg
What Bill Gates allowed China to do with Windows was/is criminal. I go into the local retail pc store and pay $300 for the latest version of the Windows OS, China steals it or gets in black market for a dollar! All under the nose of US officials for years!
Not much of a beat but in line. At least the market doesn't have this to worry about for a while. The sell off today (a Friday) is probably just more Jan selling and profit taking from yesterday...
Just can't get a break! Just when we start approaching 35 again, the overall market is still playing Down Up Down Up Down and this during MU's ER week! Can't get a break!
Also, Yahoo Key Stats shows "63.99M Total Cash Vs Total Debt (mrq): 105.97M". Can someone bring me up to speed on what VG is or has been doing to bring their Debt down? kg
Very excited to see my VG shares up to $4 share now, great! Haven't paid enough attn to the why the rise? Opinions/comments as to why, what's causing this renewed interest in VG? I've been holding a LONG LONG LONG time and would like to see an end in sight, pick an exit point...
kg2931 (10K shrs VG @ $5.22 ($52,207.25) Long held patiently since 4/28/11)
don't blame you cheetah. I'm hoping for $35 soon and FINALLY get out too. MU's still a good co and a reasonably descent LT stock but I'm warn out with it and the semi sector. It's 2015 and I wanna move on to a new story. Good luck on QRVO. I'm in AAPL & FB too. See ya around. kg
In the absence of any other runners with a capitalistic flare for smart business, Romney is a known and better than anyone else I can think of ON TOPIC OF THIS SUBJECT.
nialla, I've suffered from migraines all my life. Inherited it. Do you know when this new product might be on the market and under what name?
and our country is too inept to stop govt sponsored corporations from eating us out of our lunch! Or, stealing us blind as they did with Microsoft in the past. France did the same thing with Airbus. We need Romney or someone like that to stand up to this. Sickening!