Thx for your thoughts. If I was looking to offload some of my pos of MU, I suppose now wouldn't be a bad time. Probably won't rise significantly for another month or so for Oct earnings. And even then as you know the SP is skittish during and immediately after earnings (historically exceed estimates but less than stellar forecast, etc). The question I would be facing though is where else would I put the money in today's market? Like a lot of folks during the summer I'm not actively trading or investing, just holding and watching inactively. I'll start getting more active and trading come Fall and If MU doesn't show promise after Oct earnings, then I'll be considering selling all. kg
As usual this is certainly not a technical well analyzed opinion from me on Russ's current direction, but perhaps he just see's greater potential in intc at this time. With the run it's had this past year we've all made a great deal of money on MU. kg (I'm still staying long MU at least until Oct earnings or end of the year)
Gas is absolutely correct. I'm long on MU since last October and watch it daily. I also studied the idea of various stop limit and trailing orders but concluded it wasn't worth it on MU. If I wasn't able to pay close attention to a stock and the stock was fairly consistent with small swings, then maybe I'd consider these orders. kg
Based on this last week's news it's looking like America will have no choice but to get more involved in both wars and stick with it going forward. This could be a turning point for stocks or, with Yellen on Friday doving more of the same - stocks may just stay business as usual. Nervous time...
Good luck to you mike. I'm still holding and plan to stay at least into earnings but would like to hold out clear into December. Probably have to get out by then (still slightly on margin but can be reconciled by other moves).
kg2931 (2K shrs MU @ $24.92 Long since 3/5/14)
Since you've held that long, couldn't hurt to wait into next qtrs earnings. I'm guessing we're going to stay under $35 until then. But afterwards and into the end of the year - up to $40.
kg2931 (2K Shrs MU @ $24.92 held Long since March 3rd)
Stocks or funds/etfs. I recall the Rep saying something about no more than 5 trades in a certain time period. This was about 6 years ago. Guess I'll have to call Fidelity. Thanks for bringing this to my attention cheetah. kg
Ditto! I'm 60 and see it the same. Obama's been too busy trying to be liked and leader of the world, not the America our forefathers fought & died for. And the 'wealth is bad' and 'redistribution' mentality is killing us! Hang in there cheetah my man! kg
Sorry, just I stepped offline for a bit. In short I got the idea from Fidelity that I cannot trade in my Roth IRA brokerage account. As I recall I had bought & sold more than about 5 transactions (not a lot by a traders standards). I would like to trade stocks & etfs in that acct but have never tried since. kg
I like the "holding the shares until at least november". But I might sell half of my pos around the next earnings release. What do you think about that? kg
Question: few years ago my Fidelity brokerage came down on me for starting to buy and sell the same stock (might have been a mutual fund). Said I can't trade in a Roth Ira. So, how do you do it? kg
Lost $92K. Haven't poked my head on this msg bd in months. Anyone following what the new co is doing with our money? Anyone following the Savient sorry as- executives? kg2931
The trouble with either approach is you never know when to get out. There's no good calcuable formula for that. It's a gamblers game either way. Taking a little is better than chancing it disappear but waiting for something closer to what you're after - the rewards outweigh. At least on this stock anyway...
kg2931 (4K shrs MU @ $24.92 Long since 3/5/14)
Thx for the reassurance of my investment robert. I thought that was the case. Couldn't believe what I was reading in the article I cited. Had to get a reality check. Thx.
kg2931 (4K shrs MU @ $24.92 held Long since 3/5/14)
What's with this article today touting Qualcom as a bigger chip player than Micron:
"Qualcomm (QCOM) is the third largest player in the semiconductor market behind Intel (INTC) and Samsung (SSNLF) in terms of revenues. According to a report from Gartner and as the following chart shows, Intel leads the worldwide semiconductor market by revenues with a share of 15.4%. SK Hynix and Micron (MU) are the fourth and fifth ranked players in this market."
I've been watching MU's news releases and this Msg Bd for about a year now and nothing's ever been said about Qualcom! What gives? Is Qualcom really a competitor with Micron? Is it really a threat?
We will miss Mork and Good Morning Viet Nam! He had his time but I think he burned out sometime ago. It's a shame it works this way. He was 63. I'm 60 and I feel like a part of me just died... kg