No, that's not what I meant. Killed is really more a timing problem for me personally. I got into this for a trade and still stuck holding going on 2 weeks now. So the killing part is just leading / letting myself get stuck for another two weeks getting through Xmas, New Years and 4Q 2013 earnings on 1/7. Personally I'm stuck for potentially another month on a "approach" originally intended to be a trade.
Why? What can you tell us about the 4Q 2013 numbers? I'm holding MU going into the New Year @ $22.56 shr. That's a dollar lower than what it traded it at today. Need to get past the week trading of holiday season and EOFYr for MU to show/resume it's true SP again. I say we reach $23's going into Jan 7th earnings anticipation. Of course then after the customary dump for several days. Then back to establishing new 2014 base support level.
Merry Christmas everyone!
Ah, the ole majority shareholder.... OK, thx for letting me know. Final analysis I won't be in this position long enough to see it materialize. I will study this abit in case I decide to flippy dippy S again next year...
Merry Christmas to you
iq einstein, the problem with you is you're reading too much into someone who's got different goals & objectives. Thx anyway for the advice/attn.
Merry Christmas to you
Ah, but if you follow all the S Bullish advice, won't matter cause it's going up after the holidays anyway. Fat lad ain't sung yet! I ain't lost nothin on this fiipper yet. I'll flip it after the New Year week for somewhere betweein 9.82 - 10 bucks.
Serious thorough DD is for serious long termers, not so much us disgusting flippers. Course, I suppose the RE market has already finished flipping the majority of the US distressed home sales, so, I suppose I'm too disgusting....
Merry Christmas all, kg
Hey iq Einstein! S is trading up 9.73 now and climbing...
What? S shareholders aren't gonna vote on buying T-Mobile? What's your little dd point?
I agree! You're right, ha! The market's got my name. Sees me coming! Study, Learn, do your dd, do everything right, makes no difference, gremlins run around sprinkling there little pixie dust all over my stuff... Can't get a break. Rodney Danger's my name... kg
Go S! Up to this moment, still nothing but good news releases. I say between now an close we reach 9.82 (not necessarily Close 99.82 but will reach it).
Votes? For YES use the Up Arrow button. For NO, use the Up Arrow button.
5k shrs. Did enough DD. The problem today or where I bought has nothing to do with "DD". Looking at S's trading chart the last week, month, three months, etc was plenty enough to see where this is going. The only think holding S and most stocks down today is the shortened holiday trading schedule and normal EOFYr selling/repositioning.
PS: I keep a quick file everyday on the fly containing all id's that sound like arrogant know it alls. That way I can enjoy throwing it back in there face the next time I see them DOWN... Be careful! Merry Christmas, kg
Yeah, even though I'm getting KILLED right now on my 22.56 long position, I agree all the spam & BS news articles the past week are only positioning the stock to get in cheaper now for it to go higher next year. However, it's the timing is the problem. Those waiting on margin or overly leveraged will have to sell - only further dropping the SP. It's kind of like Willem Dafoe running through the jungle saying, "I've seen this before, they're gonna flank us and cut us off!", ha! kg
I agree all is happenn last week and now today again is institutions positioning MU's SP to get back in at lower levels, also cleaning out their leveraged positions. There is absolutely no negative and only positive or the same news for MU now and forseable future.
What I don't get /wish someone could explain to us is how MU closed a $22.17 last trading session on Friday 12/20 and then opened 72 cents lower this morning at $21.45. Nothing happened over the weekend/overnight to cause it. So, how did the market force it so low this morning on the opener?!?!?!? kg
How do Market Makeres do this? How do they close a pos one night at 22.17 and open it $72 cents less the next morning at $21.45!!!!!!!!!!!
This was clearly trading in the 22's all last week and 23's the week before that!!!!
I'm tracking with your reasoning just fine until you get to the part that says "don't try it and play long". What does "play long" refer to. What are you getting at? Do you mean only trading Long is riskier than trading both Long and Short? Can't tell what you're point was... kg
PS: I'm holding 5K @ $9.72 today. Looking for just 5 10 cents by close. Think we'll see that today?
Normally MU's daily trading pattern, Closing & OPening from one day to the next trades UP, not down. Why down so much, from $22.17 down to $21.45 overnight!
Why so much? Can't tell me it's last week's spam about Hynix... There's no bad news today...
thx for sharing this! Only makes logical sense. BY the way, the SA article just out this morning clarified this a well. So, the only think holding MU back this week is the EOFYr and holiday trading... kg
Meaning MU's favor over the previous Hynix DRAM propaganda of last week. Also acknowledges Says MU's core business is sound and positive going forward. Kind of refreshing to see a SA article trying to restore it's image. Now, lets see if MU's SP resumes climbing today... kg
I agree/ditto 100% on the news releases put out recently by SA, Zacks, & Forbes. After the big run up, now looking to beat the stock down, sell their leveraged positions and position to buy more cheaper going into next year.
It's starting to sink in that news wire outfits just report the direction they want to take the stock... So, I guess one way to play this is, when they turn Bear, you watch & get ready to buy more, especially on a stock like MU with only good news and fundamentals going into the forseeable future... kg