Did you sell anything yet? RMBS could be a flash in the pan, IMO as the $10M per quarter figure is the "cap", meaning the maximum. What is the minimum?
American closed it's merger with U.S. Airways. U.S. Airways was profitable and American in bankruptcy. Now just four airlines control 88% of the U.S. business. Similar situation to MU buying bankrupt ELPIDA, bringing consolidation to their industry. I continue to hold MU and established an initial position in AAL.
Ironically not being able to sell LCC today may be to your advantage as AAL has done very well today. TD Ameritrade is accepting trade orders for AAL, I established a starter position shortly after the open.
Yes, congratulations to all GM shareholders. Ford is my favorite auto stock and I must admit growling about this situation!
Weird article IMO. He says of MU "the valuation of the company is the most compelling buying argument" , that he is holding, and says "I think shares are currently overbought". This is someone thinking fundamentally and technically at the same time. IMO, the fundamentals rule, and the short term technicals should be tossed.
And they will walk away from you because you are not a GMAW Man? Or maybe you are? lol. And back to topic, yesterday my remaining Jan SPY 176's puts were stopped out @2.05.... so now waiting for the next opportunity to buy something like them again.
Higher SSD demand is good for NAND producers in general, why would this mean "loss of NAND"? Note that MU discussed various types of SSD types, for example Facebook's requirements are "write once, read many", while enterprise is "write many, read many"; FB NAND can be met w/ cheaper stuff, enterprise NAND higher performance, MU is looking to be a provider of NAND SSD solutions for the spectrum of need.
Massively HUGE news! China Mobile has over 700 million subscribers! On another topic, if NAND prices fall more, guess what? Makes SSD all that much more compelling over HDD and the pendulum will swing once again the other way.
Ridiculous. Macy's had a great report. Sears had been losing $ quarter after quarter, absolutely nothing to do w/ the current administration in Washington DC! Target as been doing well. Some stores simply have not adjusted to changing tastes. Sears, K-Mart, Woolworth, etc.
In the past when there was a little curve in the road of growth, the manufacturers stepped on the throttle. The edges of the highway are littered with wrecks from the past 30 years. The remaining survivors are better drivers and the market likes that.
I thought it was pretty clear! Kipp Bedard said that last August, guidance was given for Elpida for margins of 47% to 52% for the 4th quarter (June / July / August). When the report came out, only the last month of Elpida the quarter (August) was included in the report and the margins were calculated at 44%. Recall there was a bit of a sell-off when the report came out. However, Kipp said now that MU has the audited Elpida report for the 4Q timeframe, the margin numbers "were running exactly where we have given the guidance", presumably the 47%-52% numbers. Thus, looking forward Elpida is "going to be a pretty integral part of the earnings that are coming up here".
Yeah, 1/2 of my Jan 176's puts got stopped out @2.10 to protect the gain, wasn't expecting this today.
... hard to tell due to the obsessive compulsive lunatic here whether or not already posted (from Macau Business):
Sands China eats into SJM’s share of gaming market
SJM Holdings Ltd had 23 percent of the gaming market as measured by gross gaming revenue last month, according to data compiled by our sister publication Business Daily.
SJM’s market share fell by three percentage points from October.
Sands China Ltd seems to have benefitted, increasing its market share to 22 percent from 20 percent.
Galaxy Entertainment Group Ltd’s share fell by two percentage points to 19 percent, while Melco Crown Entertainment Ltd’s share rose by one percentage point to 14 percent.
Wynn Macau Ltd and MGM Holdings Ltd each had 11 percent of the market.
Last month’s gross gaming revenue was MOP30.2 billion (US$3.8 billion), 21.3 percent more than a year earlier.
IMO when the Fed tapers it will be at such a small initial increment that there will be little psychological effect, as the Fed now more than ever, it seems, tries to manage the economy through managing expectations. Overall I agree w/ your assessment.
So 9.7 y/y was already in the market, so the news is just a .4% worsening of the PC situation. Meanwhile, tablets, phones, solid-state devices are booming!