I should add that I did not short OREX. I do not believe in shorting stocks that are as beaten down as OREX is. Stocks that are that oversold and loaded with short sellers can make explosive moves to the upside. I have been trading since 1987 and have seen many people get wiped out by shorting stocks that are way oversold (like OREX and ARNA). I recently was in CDE and made 47% in a little over a week by going long a low priced oversold stock. The much better play is to go long ARNA here and have the power of the short squeeze on your side rather than against you.
Contrave is now showing many events of seizures as their Trx expands. An associate that I trust actually now believes it will be pulled from the market. I believe ARNA will at least double overnight when this word gets out. CONTRAVE can cause seizures. The risk of seizure is dose-related. Discontinue treatment and do not restart CONTRAVE in patients who experience a seizure. Caution should be used when prescribing CONTRAVE to patients with predisposing factors that may increase the risk of seizure, including: history of head trauma or prior seizure, severe stroke, arteriovenous malformation, central nervous system tumor or infection, or metabolic disorders (eg, hypoglycemia, hyponatremia, severe hepatic impairment, and hypoxia); excessive use of alcohol or sedatives, addiction to cocaine or stimulants, or withdrawal from sedatives; patients with diabetes treated with insulin and/or oral diabetic medications (sulfonylureas and meglitinides) that may cause hypoglycemia; concomitant administration of medications that may lower the seizure threshold, including other bupropion products, antipsychotics, tricyclic antidepressants, theophylline, systemic steroids.
Clinical experience with bupropion suggests that the risk of seizure may be minimized by adhering to the recommended dosing recommendations, in particular: the total daily dose of CONTRAVE does not exceed 360 mg of the bupropion component (ie, four tablets per day); the daily dose is administered in divided doses (twice daily); the dose is escalated gradually; no more than two tablets are taken at one time; coadministration of CONTRAVE with high-fat meals is avoided; if a dose is missed, a patient should wait until the next scheduled dose to resume the regular dosing schedule.
MU is EXTREMELY oversold. It will rally and tomorrow is op ex with Max Pain at 16.50. Afterhour people are little people and almost always wrong.
I told you, I bought their downgrade on CDE on Aug 7(based on price of gold, just like this is based on price of DRAM) and made 47% in 9 trading days!!! They are a wonderful contrarian indicator - because they always work for someone who's trying to buy shares cheap.
They are scooping up the dumbell's shares = they can't take this private without shares. Same thing happened in Dell and they used the same people to downgrade, who also get a share of lending action and fees.
Correction - it is actually now being valued at $70 per acre! That's insane! What a crazy market!
Yes, that's not figuring anything for Mexico. This is an insanely low valuation!
That is crazy, it should be 5 times that! I didn't even figure any value for Mexico !
There's a huge $267.5 million of options in MU tomorrow's Option expiration! Max Pain is $17.50. Watch as they take this up to hurt the maximum people.SMH (semi ETF) has Max pain at 54 strike and is trading at 48.86 today - there are huge $$$ there also. I expect to see a big rally. I expect the whole market also to rally starting soon based on my indicators and SPY option ex.
Robert Baird is a total shill for hedge funds and others looking to pick up shares - their downgrade means buy, buy, buy. This has got to be Silver Lake Partners or Ichan. I bought CDE when I saw they downgraded it based on the price of gold deteriorating for rest of year - that was on August 7 - I am up 47% as of today. Look at my posts if you don't believe. Thanks to all that sold MU to me this morning. I love you guys!
Micron And Intel: Non-Volatile Memory Is Exploding
Aug. 19, 2015 A happy and very effusive Intel. The contrast with Micron's analyst day and the Intel Developer's Forum which began today, August 18, couldn't be more striking when it comes to transparency on this amazing new product. Intel CEO, Brian Krzanich, closed his keynote address with a side by side comparison of a state of the art Intel NAND based Solid State Drive against a 3DXPoint SSD. The latter delivered 5 - 7.5x the performance of the former; we learned later in the day from Intel's Rob Crooke, Senior VP of the Non-Volatile Memory Solutions Group, that this performance increment would have been even larger but for the memory buss the 3DXpoint was using. Two IDF sessions later on Tuesday, August 18, made my whole trip better. They can be found at the link for IDF presentations by searching for these titles: "SSD's are here- The Next Wave in Non- Volatile Memory Driven Storage Modernizations" and "Technology Insight: Intel Non-Volatile Memory Inside. The Speed of Possibility Outside". So What did the two partners tell us? Micron put up the following graph on one of its slides, showing the growth of NAND demand:
(click to enlarge)
That four year slice of time works out to about a 36% compound annual growth rate.
By contrast, in the first Intel SSD presentation cited above, Greg Matson, the Director of Strategic Planning for the Non-Volatile Memory Solutions Group, put up a more bullish slide: 40%
8/19/2015 Equities research analysts at Argus reduced their price objective on shares of Micron Technology (NASDAQ:MU) from $32.00 to $26.00 in a research report issued on Wednesday, Market Beat Ratings reports. The firm presently has a “buy” rating on the semiconductor manufacturer’s stock. Argus’ price target would suggest a potential upside of 58.63% from the stock’s previous close.
Bill Clinton also said " I think everyone in the country should get an above average wage." LOL Ha, Ha! Maybe that's why he never got more than 49% of the popular vote both times he ran for President! (if Libertarians-who split the Republican vote- had stayed home he would have lost.)
Did you see that 713,300 go across green right at 16:00?Now you should know what is happening!
The same thing happened at Dell and every other company before the deal. I've seen this many times - they are gathering weak shares.
Michael Dell, the founder of the computing and technology company that bears his name, confirmed today that he intended to buy it back from shareholders. In a deal announced this morning, Dell and Silver Lake Partners will buy out the company’s existing shareholders in a transaction worth $24.4 billion.
The deal values Dell at $13.65 a share, amounting to a 25.5 percent premium over the closing price of $10.88, where Dell was trading on Jan. 11 before the first reports of renewed interest in a buyout transaction emerged.
The deal also brings together private equity fund Silver Lake with software giant Microsoft, and represents the latest step in a relationship that began when Microsoft bought out Skype for $8.5 billion in 2011.
The deal includes a $2 billion loan from Microsoft.
Microsoft confirmed its participation in the deal in a statement:
Microsoft has provided a $2 billion loan to the group that has proposed to take Dell private. Microsoft is committed to the long term success of the entire PC ecosystem and invests heavily in a variety of ways to build that ecosystem for the future.
“We’re in an industry that is constantly evolving. As always, we will continue to look for opportunities to support partners who are committed to innovating and driving business for their devices and services built on the Microsoft platform.”
Other financing is coming from Silver Lake; Michael Dell’s personal investment company, MSD Capital; the rollover of existing debt; and financing contributed by Bank of America/ Merrill Lynch, Barclays, Credit Suisse and RBC Capital Markets, plus Dell’s cash on hand.