Micron Technology (MU)

[JLS]

MU going crazy ...

This freaking stock has gone exponential.

OK. I can accept adding one tang to the fork, maybe, but two?

As Wally used to say, holy shit little Beaver!

These last two up days in MU price make no more sense than the earlier two down days (Sep 25 & 26) prior to earnings release. Now let's wait for all the geniuses to come out and support one but not the other -- whatever justifies their particular trade.

For your reading enjoyment:

Beware sudden, unexplained jumps or drops ...

In the words of the new study, "price shocks are followed by significant and long-lasting abnormal returns [that] are asymmetric – return continuation following extreme negative price shocks and return reversal following extreme positive shocks."

http://tinyurl.com/ya82tkoz


Take Advantage of the Micron Technology, Inc. (MU) Correction!

Today we’re going to talk about Micron Technology, Inc. (NASDAQ:MU). Many of my colleagues here on InvestorPlace are MU stock bulls. I would count myself among them from a longer-term perspective. Today, however, I’m going to bet against the grain … at least over the short-term. The reasons are mainly technical, but there is some real risk in buying into the MU rally right now.

http://tinyurl.com/ybm8gqfd