another fool at Motley Fool..at least Motley Fool should make their prediction based on own info ..I misread article....Gill from Needham says price target $30 and PE may expand to 12-14...Motley Fool says don't invest in cyclical stock like MU due to unknown future PE's.............I will take Gill from Needham over the Fool..the Fool misses the whole pt here..that industry is stablizing.........the FOOL is a fool on this issue in regard to rationale..article came out Sunday Dec 8...
he gives Mu a buy with target 30 but later in Motley Fool article Gill is quoted as warning investors NOT To invest in a cyclical business like Micron due to unknown future PE...he had said PE should be 12 to 14
something strange here..did Motley Fool screw up????misquote? How can a guy say its a buy with Price target $30 then say don't invest in it????? read Motley Fool article!!!!!
Never wrong to take profits.....but you are not reading whole story and you can't go by Kip, YUP
And how do you know what price will be before earnings.....are you a Fool if stock goes up after great earnings?
Why can't you say in my opinion As of now one should sell before Jan 7... You say we are fools if we don't sell by Jan 7
Well then as you believe this is an over valued market are a big fool as market could down 5% any day??why don't you sell now
You are a market timer........loser
Although Micron' s rise may be justified by earnings and new products etc etc won't Micron get crushed if there is major correction...aren't we in bubble territory NOW in market......
the PE is really not 17.7........even at $2 eps forward PE is 10...at $3.50 eps forward PE is under 6...your comment(although I wish it were true) is really off base despite the fact that Yahoo lists PE as 17.7.Yahoo is way off there and it has to do with how earnings were stated........if earnings are $3.50 the stock is NOT going to $62 unfortunately....maybe $35 to $40
Oh Vinnie..of course MU will go down to below where you sold it!..oh no,what if it goes to 22.64 and pulls back to 21.50.....you guys kill me..... Like we are all sheep and you so smart...not
said people underestimate the earnings power ...........maybe %3.50 this yr...he says not sure what multiple will be......lets see.... earnings at $4 times multiple 12 and we see $50..so go ahead and sell..and MOST of the traders will lose long term..trading is hard..only the winners post here..people get greedy unlike hilosel who takes a profit.....of course a market crash could take it down but looks good right now..he was asked how can you get into a stock that is up so much..He said I don't care where it has been..I care where it is going from here!!!!!! Ironic he was on Halftime show as MU is only halfway (or less) to its high!!!!!!!!!!!
Long before you posted the Bloomberg article on the board everyone else had read it......by the way neither my buying or selling, nor that of anyone on this board will,affect the price of MU.......and I assure you the big boys, do not read your posts......but thank you for letting me know MU will tank....after I have sold it by the way. I sold all my shares today thanks to you two.........stay well..and thanks for the good advice.
Difference is Micron is growing revenues and earnings like crazy ...and will pay down debt..could someone who understand the finance explain this to Arty and Bruno.....Also of all stocks in SP Micron ...as comparison....has one of 10 lowest forward eps
Bloomberg article was out of context..........
Says now we go to 14 or 15............then people will buy and bring it back to 19.........then he says if whole market tanks MU will lead the way down.........so any of you guys still trading are not smart and any longs must be stupid cause MU going to 14-15...wow u mean if market tanked MU would go down...golly gee....
Thanks tradehunter4me...now I know what's going on..who needs Russ Fischer!
c'mon man: you can't risk placing same order again without being sure first did not go through..but you placed it THREE more times! as if one of your orders was so great it was critical to get it in immediately!!!! and look someone told me shut up #$%$ today because I told them I sold at $19.79 and shorted........so like big deal.......my feelings are so hurt I am gonna get a lawyer..then MetalBaysex(llook, to each his own) tells all of us how stupid we are and how our MU trades will cost us...not him the the brain though. Don't take this board so seriously!! then the yukyats who post hey Intel is going to buy Mu for $41 a sh..yeah right!!!! Russ Fischer gives us good info but he is heavily invested in MU and gives the brightest outcome possible!!!!
now I know why you have sex as last three letters of your username!!!