If North Korea starts a war with South Korea, where do you think MU will go?
Why should SLV or Gold go back up? foreigners are selling metals on fear that their governments might confiscate their holdings. If they can take your money and land, they will take your metals for the good of the Countries financial crisis. If precious metal sales are banned; who will buy your gold and silver?
Sentiment: Strong Sell
Do not rule out INTC as they are entering the mobile chip market and may want their devices in as many phones as possible. JMT
The $10 puts were trading at $6 , 230,000 contracts sold and at the same time some one also bought 230,000 call contracts at .14 a share.
go look at the jan2014 $10 put and call options volume. Hugh open interest
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Looks like we have started the trip up!
XQ
Sentiment: Buy
You know RMBS will be paying legal costs for both MU and Hynix. RMBS will be owned by them.
XQ
In my HO, the key to MU success is to do the Elipida deal and start producing the right kind of chips that are in high demand from their factories. Chip demand will increase and so will revenues. As MU starts to generate positive income growth and acquires more business from other companies the EPS will grow and so will the P/E. Just take a look at QCOM and we may be looking at the future of MU. I also believe that Hynix and MU will somehow do a JV or merge and AAPL will shift more orders to MU in fear of Samsung. MU and Hynix were pretty chummy at the RMBS trials. MU's SSD division should start to produce a greater return
XQ
Now this is going to be JMHO. I believe that we will see MU in the $16 range in 10 months with a PE of 11. I also believe that MU and Hynix will strike up some kind of merger or partnership within 14 months. Then I believe that MU will grow earnings at a faster pace and in 5 years sport a PE of around 16 and earnings of around $3.50 per share. I also believe that growth will also come from other products as well and could push up earnings well above the $3.50 level.
The pull back Friday was due to options expiration and nothing else.
XQ
Sentiment: Buy
Well that is a bold move; however the current pain prediction price for JAN 2014 is $500. Granted that could change. If I was in your position, I would be selling put options in the low $300 range for JAN 2015.
XQ
The problem with your thesis is that you are speculating. APPL products are turning into a commodity. Competitors are including the same features in their phones at a lower cost. As far as the $137 billion of cash and cash equivalents goes; most of that is in securities that are paying a return greater then the banks. Did you ever consider that APPL is waiting for the stock to drop further before buying? Just some thoughts.
XQ
Here we are today 03/11/2013 and MU has slipped above that $9 level. Now lets see if it will trade up to the next level of resistance in the $11.50 area. I believe that the upward move is beginning to take hold and will continue for quite some time. That does not mean that we will not have some bad days. Over all I think that the trend will now be up. I think MU and Hynix may at some point join forces.
XQ
RMBS will be selling itself to MU to pay its legal fees!
XQ
You are right; but the price was lower and now there is hesitation in the price. YHOO is also overbought and the options seem to indicate a pull back to $21 within a week. Is YHOO buying back stock at this price? I doubt it. I would not be surprised if this slipped back to $18 level in a month.
XQ
Have you heard the saying no news is good news. That is not going to be the case here. This no news / secret vail that now hangs over YHOO is being kept quiet. I will venture to say that it will start coming out next week. Watch the stock price. If it starts to slip the news may be about ready to break.
XQ
WHAT MARKET? AAPL products are fast becoming a commodity.
All the other smartphones look and act like the AAPL counterparts.
When you buy a AAPL product; you are buying the name and the trademark on the product.
XQ
Let me add one other thought. Never trust the GS, MS, Barclays, and other big time investment banks/advisers of the world!!!! They are working for their clients and their own accounts. They manipulate both stock and option prices. Never be a buyer of call or put options as 95% will end up losing their money. So, that means 95% of call and put option sellers (writers) are on the winning side of their trades. I have about 7 other trading rules that help to determine how and when to do a trade.
XQ
I am not short. I am long the stock and have sold 25 JAN 2015 call option contracts. I am looking for YHOO to pull back to $20 within two weeks and $18 in 6 weeks.
XQ
Why would YHOO waste shareholder money at these prices? When they will get a better opportunity at lower prices. As of today my projected price based on call and put options is $20 for March and $18 for April. Now I know that you may think that it will not work; but after I discovered a way to calculate this price, I have been able to transact about 500 trades with no losses.
XQ