The first pop was Elpida driven.
The second was the Hynix fire.
What has kept it up, and will send it higher are the combined earnings going forward.
As for Death Crosses that looks more like a Surfer's Cross to me.
Plan on riding the wave into retirement.
First off, wasn't the new 52 week high in December of 2014?
Second, the Samsug Apple bovine feces has been shown to be pure speculation.
Wonder who was wanting to fill their pockets this time.
That is just plain ignorant about DRAM contract pricing with Apple.
Yeah, all of those foolish institutions holding on to this dead money stock.
(today's lesson in sarcasm brought to you by Tide)
Friday, as a percentage, SWKS was down more than MU.
Not that it means squat.
They have half the market cap, and three times the PE.
I would be unloading it here.
Controller companies have the same issue as any electronic business. Once the gross margin is attractive enough for others to move in on it, added capacity can kill the krap out of them until another shake out occurs.
The shake out in DRAM has occurred.
We are now down to three major players on the planet for DRAM.
Here is what I think some miss.
Your post for example.
What do all those Controller Stocks that everyone constantly lists up against MU need for their products to be viable?
Opinions vary I guess.
All it takes is a hiccup in the Korean DRAM cartel and MU is a double.
The Rambus litigation is well and over with.
The enterprise space is still growing. More servers mean both more FLASH and more DRAM
SSDs will sooner or later replace the last of rotating storage.
The Samsung "added capacity" is going to be shown to be support for their internals.
Going forward I simply don't see a downside here other than scared money, and that will wash out sooner or later.
Honestly don't remember.
Sitting in an old IRA converted from a previous 401K .
I have time, and I'm not a trader.
Different product cycles between micro controllers and FLASH/DRAM.
Then SNDK screwed the puppy by coming out with a warn.
Turns out that they didn't make projected sales why? Because they couldn't provide enough product.
MU was pulled down with the SNDK warn due to shareholder ignorance about the stock that they own.
Why would Intel sell their memory operation on the JV to Micron if they ever had thoughts of acquiring a memory operation?
If you don't gaze at the stars, you are never going to reach them.
"Reality" can end within the next heartbeat.