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Its going up in after hours even though forecast was disappointing.
Based on earnings and outlook, I expected it to be down $10.
But I'm wrong.
Probably down, MU always sells off after earnings no matter the news...
Up or Down by Friday 3/22 ?????????????????
BACK UNDER-WATER AGAIN.......still think good things coming.....their brand of ssd`s "crucial" are getting good press, and good performance for short money
$$$$$$$$$$$$$$$$$$$$$$ MICRON $$$$$$$$$$$$$$$$....glta
great to be back in the green again!!!.....looks like we move up the stairs from here .. $$$$$$$$$$$$$ MICRON $$$$$$$$...glta
Here comes the predictable run back to $60.
even considering the offering......up almost 7%.......have just under 7000 @ 42......been under water on this for a while.....it`s low pe and a possible trade deal on the horizon, puts us back in the saddle......should break thru $42 today
$$$$$$$$$$ MICRON $$$$$$$$$$........gltua
ooops Sorry meant 45.00 not 40.00 Thanks for catching that GL
Decent buy at the end of the day. Would expect a good move tomorrow
I am actually looking for a break above $45 and change for any sign of strength. The break over 35 was a nice direction change. GLTY
Held up decent today , looking for that 40.00 break and we off to races
still underwater about $2/ share, but it`s looking better everyday
$$$$$$$$$$$$$$$$$$$$$$$$ MICRON $$$$$$$$$$$$$$$.......glta
The height of absurdity ...
Listed in my earlier post, a Chinese court that banned the sale of Micron chips.
Really??? China in pursuit of integrity? Their leaders don't have a clue.
Then again, some of ours don't either.
Disgusting. There is nothing more I hate than a gang mentality.
Ambulance chasers ...
Disgusting lawyers trying to make a buck.
It's most likely to go nowhere.
I remember when it was illegal for lawyers to advertise.
Schall Law Firm ...
http://tinyurl.com/ybxdbesk
Kahn Swick & Foti, LLC
http://tinyurl.com/ybqhe5j5
Rosen Law Firm
http://tinyurl.com/ycg544g8
China court bans Micron chip sales
http://tinyurl.com/yco3oyp8
I dont know details, but if so, this thing blew the roof off on Friday. Why? Other than trade tensions easing.
Something wicked this way comes...
https://www.bloomberg.com/news/articles/2019-01-25/chinese-chipmaker-to-appeal-u-s-ban-over-alleged-secrets-theft
It's not over yet.
I got an advisory about a lawsuit. Does anyone have info on this?
This will go back to 50 dollars after the next US recession is over with. MU pays no dividend to their shareholders . Not a good stock to be in long term. Only good for a quick pump and dump IMO
I`d be good with that!......up 6% on good volume....still have about 6000 from last year...@ $42....glta
I predict micron will get a buyout offer for $50 a share
Watch for a buyout offer to come on micron
Be careful of what you wish for.
Something Wicked This Way Comes
By John Mauldin
January 11, 2019
https://www.mauldineconomics.com/frontlinethoughts
Yeah the whole semi sector is down, MU out of no where shot up from 35.08-38.80, can’t even explain it...
Nvm best performer, completely bounced right back. Wow?
Cramer said good things about MU yesterday, looks like its going back to $33 hahaha
More news out re. MU ...
U.S. Deploys New Tactics in Prosecution of Chinese Chipmaker
Prosecutors are also testing for the first time a provision of the Economic Espionage Act dating back to 1996 to bring a civil suit alleging trade-secret theft on top of the criminal indictment. Through the civil case, the government is aiming to block Jinhua’s exports of dynamic random access memory, or DRAM, that the U.S. says relies on technology stolen from Boise, Idaho-based Micron Technology Inc.
From the criminal case, prosecutors stand to win an order requiring Jinhua and UMC to forfeit chips and income derived from the allegedly stolen technology, as well as a ban from using Micron’s secrets for up to five years.
Micron spent almost a year trying to serve a civil trade-secrets complaint against Jinhua. A copy sent to the Chinese Ministry of Justice was returned stating, without further elaboration, that “the Chinese translation is not complete.” Chesney concluded Micron can simply email the complaint to Jinhua’s U.S. lawyers.
https://finance.yahoo.com/news/u-deploys-tactics-prosecution-chinese-050100608.html
Forward-looking market.
I think it's because investors are thinking that the memory market has bottomed so the future for Micron at its current stock price is flat to up, and they don't want to be late and pay too much for the stock later.
So longer term holders are willing to buy the stock and hold it from here wile traders -- believing that a sustained upward move may be a quarter or two in the future -- are more willing to trade it. If this is true then expect MU to trade within a flat channel for a few (to several) months before trending higher.
It could be worse: in prior cycles MU would operate with losses during memory cycle minimums, but this time it appears they will continue to make significant profits during the cycle low. I think that is due to the high sophistication of the technology and the lack of capable competitors that results from that level of sophistication (and patent coverage).
How does one explain the ridiculous jump in price this week while Samsung & LG confirmed that the memory market is hurting. What is going on?
"F" apple....there's a bunch of other fruit in this world....
Up...down....up...down...what Bunch of chicken shits..
17's maybe... April
Very good point, can't disagree.
25’s by end of month.
I think we hit 18000's...what yout say? If you dont mind me asking?
Damn you are good. Thanks JLS
Treasury rate inversions.
Pay strict attention to these as they very accurately (like 100%) predict significant market corrections and bear markets. They also predict small corrections that you can ignore, so ...
Works every time: when there are yield inversions (even slight ones) you can count on -- AKA 100% certain -- encountering stock market corrections or bear markets right away or in the very near future, or it already started and you arrived late to the party. Granted, you can make a lot of money in declining markets, BUT the volatility can be so high that it can be difficult to always get either entry timing or exit timing correct if you don't have experience shorting things -- by the time you see it you might think it's too late, or you don't see much of a correction yet so you think it might be better to ride it out. After all, some corrections don't amount to much.
Stockcharts Dynamic Yield Curve
https://stockcharts.com/freecharts/yieldcurve.php
The above chart is great to use but it lacks preciseness -- meaning very small rate inversions don't show up very well. The way to use the chart is to grab the vertical red line seen at the far right of the right-hand chart then move it to the left as you observe the left-hand chart. While doing that, if you see the trace in the left-hand chart create what looks like a flat trace (such as between 2Y and 5Y treasury yields) then there might be a rate inversion (which smells like a bear market). If you see that, you can verify it with the chart links below. If there is no doubt that there is a rate inversion then you are too late and you should think about turning all your long trades into cash and/or short the market.
The left-had chart also has a control at its bottom -- the square handle referred to as "Trail length". Grab the handle with your mouse and drag it to the right.
Now the good news. There are rate inversions during which the market doesn't suffer very much and can quickly correct a small amount then go significantly higher. Markets are like that; they like to mess with your head. Now move the vertical red line over to the period prior to the year 2,000 and see what happened. Huge inversion. And with the yields one could get then, it's easy to imagine that conservative investors would sell their stocks to raise cash to buy Treasuries.
If the inversion is so flat that it is difficult to see with the chart linked above, then use the charts below. At this point the inversion is so slight that it is difficult to see with the above chart. If fact, the inversion is so slight that it might soon go away. In fact, it did go away today on the 2Y/5Y chart. But it went very slightly higher on the 2Y/3Y chart. Will the inversions go away during following days? I don't have a clue.
You can ignore my opinion but here it is anyway: the yields on the 2Y and 5Y are so low such that nobody in their right mind would sell their stock positions to raise cash so that they can buy treasuries (and thus cause the stock market to go down) when they yield only a little over 2%. So all this talk about rate inversions by the talking heads on TV (and not the inversions themselves) is really what's driving the market lower. Boo!!!
Stockcharts 2/3 Yield Curve
https://stockcharts.com/h-sc/ui?s=$UST2Y:$UST3Y&p=D&yr=0&mn=2&dy=0&id=p6769480039c
Stockcharts 2/5 Yield Curve
https://stockcharts.com/h-sc/ui?s=$UST2Y:$UST5Y&p=D&yr=0&mn=2&dy=0&id=p6769480039c
I've misspoken....federal reserve chairman...Powell....like I've always said...I'm a dumb as@
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