I agree. though, I'm going to wait till Monday-Tuesday before buying some more to average down. It's looking like MU has its legs under it on a pretty bad day for the market but...the last time it ended on a high (last monday) it proceeded to tank from there.
Also, don't discount the iWatch. Every Apple diehard (including myself) will be lined up to get one. I'm hoping for a 2014 release.
I think this is a good company and have invested a bit into it. However, the CEO looked weak last night and my guess (and it's a total guess) is that his appearance and delivery scared investors. I do think his "significant barriers to entry" was just poor delivery. I think what he meant to say was that since it costs so much in investment and technology know-how, that competitors would have a difficult time getting into the market to compete against GO GO.
A CEO should never appear on these types of shows unless he/she has something new and positive to report or to do damage control (i.e. Tesla). What did the CEO think was gonna happen when he went on this show? Even if he was the greatest impromptu speaker if he's got nothing positive to report why agree to go on the show? Just dumb.
As much as I hate to admit...enrico is right. Without positive news...this stock sinks. I got in at mid 6's hoping to hear some news on orders/sales. It's not coming in!
I still maintain hope that it will. This stock will survive semi-bad earnings as long as investors are given reason to believe orders are on their way.
I can refute that no better than you can make the claim. Unless one of us has a time machine, crystal ball, or inside information
Please don't make statments like that unless you have real reliable news that has not gone public. I too am holding a bit of shares and would love to see it go to 10 today...but making outgradeous unfounded comments won't do anything.
I'm sure if you asked most longs...they'd say that today is no surprise. With no news of orders to back up the litigation news...some profit taking and slip in price is almost guaranteed and was most certainly expected.
I'm not nervous or anxious at all. Just waiting on some news of orders. As always there is risk, and if there isn't news of orders soon, Enrico and crew will have their day!
Enrico say ".com pump and dump is what this stock is"
Enrico couldn't be more wrong with this statement. Taser has an excellent product in a high demand market with little competition. The lawsuits (and the SEC) are what has killed it.
Just a thought as the stock price slips a bit after some decent % gains:
Tasr has great name recognition. I was watching the new version of Bewitched(with nicole kidman) last night and a character in the movie mentioned using a Taser. All this stock needs is some earnings.
Anyways, I agree with the strong sellers on this board. Tasr is going to sink until there is some news. I bought most of my shares in the mid 6's and am in it through the mid-teens
I'm a long and very optimistic about this stock. But, I'm very surprised its had the run it has recently without news of orders. (yahoo's even reporting the latest after hours sale up .15)
I'm anxious to know what you all think.