denny.dozen • 5 hours ago
"check back with me at 4PM"
denny.dozen • 19 hours ago Flag
"Sadly the Money Flow continues to be negative, more sellers than buyers
with 8 days to go it'll be sliding daily until the ER"
Micron Technology, Inc. (12.75 Up 0.43(3.49%) 4:00PM EDT
I guess you'll get it right one of these days! In the meantime have another donut.
Here's your power surge donut.
Shares of Micron gained more than 3 percent Tuesday after Crucial, one of its subsidiaries, unveiled a new type of server memory designed to protect data from power surges.
Historically, companies have used uninterruptible power supplies, solid state drives (SSDs), mechanical hard drives (HDDs) or other devices to ensure the security of critical data. While this method of preserving critical data has been effective, the backup and restore times have been very long due to the latency and write times of the SSD and HDD," Crucial said in a release.
"Today's applications such as relational databases, scale-out storage, data analytics, and in-memory databases require much faster backup and restore times," it said.
Micron gained the most within the S&P 500's tech sector, which was leading the benchmark index higher in late-morning trade.
Also lifting Micron shares were spot prices of dynamic random access memory (DRAM), which were heading higher, C.J. Muse, an analyst at Evercore ISI, told CNBC by email.
Still, Mircon's stock is about 10 percet lower this year and down nearly 50 percent lower over the past 12 months.
Yes we are better off listening to you. I wonder what your opinion would have been if Cramer would have said sell, sell, sell and the stock was tanking.
Good for you Max because I was a little worried based on your original post. As you probably have figured out by now denny is full of donuts and could use a good colonic irrigation.
I see no evidence of "re-calibrating the machines" causing a movement in DRAM price. I believe Cramers $15 call last night is the logical reason.
In DRAM spot market today, the market demand shows non-continuous and the suppliers remain using the strategies of limited supply to adjust the price. Moreover, some buyers keep lifting up their target price in order to stock-up the inventory and the demand shows stable on the rest chips. In the mainstream category, the average price of DDR4 8G (1G*8) 2133 stays at USD 3.627.
Honestly if you've already made the trade and are now looking for advice on an anonymous messenger board you've got problems. I personally like to go farther out with my contract if I'm buying calls unless a major event such as earnings is in the immediate future. One other bit of advice, don't listen to denny. He has a very SHORT agenda here. For what it's worth, and that's not saying much, last night Cramer said he sees Micron Technology getting back to $15.
Packaging and testing company Powertech Technology (PTI) said in a filing with the Taiwan Stock Exchange (TSE) that a power supply disruption at its Xian, China plant will not have a material impact on the facility operations.
PTI indicated that production at its Xian plant was disrupted by a power outage in the early hours of June 18, but normal operations have already resumed. The incident will have no significant impact on sales generated by the facility.
PTI's Xian plant is a joint venture between the Taiwan-based IC backend house and US-based Micron Technology, and has begun operations since March 2016.
Micron and PTI in end-2014 announced their strategic partnership under which PTI will run the Xian plant and provide Micron with assembly and packaging services for a period of several years.
Zacks is a WORTHLESS rag! I've seen then go from SB to Sell back to SB on a stock in less than a week. I can imagine 2 stoners in their mom's basement blogging for Zacks.
Because he's running out of excuses and he's trying to pull a Trump and keep repeating the same nonsense over and over hoping it will stick. What's sad is he actually believes his dribble will influence the stock price.
But donut you said yesterday and the day before that and the day before that, " Baird holds $1MM worth of MU, 100K shares out of 1billion."
So 100 thousand shares is holding this stock hostage when it trades over 25 MILLION everyday. Take your meds or take a ride to the donut shack and get yourself a bakers dozen refill.
Wally maybe you should let the Beaver do your trading, he's all grown up now.
The market is a forward looking mechanism and typically the market is pricing stocks 6 months out. Obviously the market starting last month has decided that 6 months from now MU will be much higher than it is today. Is it a Micron thing or is it a sector thing in which MU is a part. I don't know the answer to that question but I'm obviously more of an optimist than you at this point. I don't claim to have a crystal ball or read palms predicting the future but you seem to have acquired a degree in Chiromancy so I have to respect that.
Those are your words not mine. I really like how you try to maneuver your way through all that manure you keep throwing out there. I guess it makes you feel important but most people can smell it a mile away.
I could care less what a single analyst says. I feel more comfortable with the over all consensus which is very positive, Also the Inotera delay is nothing that concerns me in fact it's a positive especially if MU is looking for a better deal or if nothing else it shows a complete lack of desperation which is also a positive. Guidance will push this stock one way or the other and I'm betting it moves north. If it takes a dip I'll add some more because this will eventually push higher if not this year next year for sure. I'm very patient with these things and I never expect instant gratification. Shorts with their option contracts have time horizons longs don't.