I will be very conservative on STX for the next 2-3 months until the dust settles.
So what the heck does that mean? If you own it - you keeping it? You reducing (now that it dropped and is on the way back up)? If you don't own it, either stay away or short it.
And Luczo knows more about how to handle Wall Street than any of us will ever sniff.
And BTW: what does STX being an Irish company have to do with any of this? From the moment STX was created, it's been a foreign company. It's nothing new for them or us. STX has headquarters in CA the same as WDC!