Micron Technology (MU)

[girlfriend]

Thanks for your opinion…..every body is entitled.

Analysts are typically wrong and make calls at or near the bottom of trends. There are still the majority of analysts calling for more than the current share price.

I do not see the 5 analyst calls for $3 can you please provide a link.

The chart is damaged but already setting up for a recovery. If MU can get back into the 16.60 area from my view it will regain the support. But all stocks were taken down in the swoon earlier this week to new lows look at TWTR which was at 21ish now well back up. Look at SNDK in the same sector which was below 50 now back up. MU is a laggard in the semi sector….always has been.

Finally….MU is still a possible takeover candidate. It can happen but nobody knows. However the attention on the company is now out in front and any rumors or M&A activity can propel the stock.

All in my opinion.