Cycle Trading

[JLS]

Broken CwH due to STX,

Seagate did OK on earnings but missed revenue so it dropped like a rock.

Too bad for Seagate but I don't think that will reflect on WDC's earnings.

Seagate offers next to nothing in solid state memory while WDC, especially after the purchase of SNDK, has a ton to offer in solid state memory.

Also, Feb 6, 2017 ...

Western Digital Corp. (NASDAQ: WDC) today announced that it has commenced pilot production of the company's 512 Gigabit (Gb) three-bits-per-cell (X3) 64-layer 3D NAND (BICS3) chip in Yokkaichi, Japan, with mass production expected in the second half of 2017.

http://tinyurl.com/ks53n3d

Could it be that STX was short on revenue because buyers are waiting for 3D-Nand?

Also, looking at Best Buy, I noticed they are already selling 32-layer memory. They also sell a ton of WDC product and have next to nothing from STX.

Because of today's WDC drop, I haven't yet replaced the 90 Calls that I repurchased. I still have tomorrow to do that because WDC doesn't report till after the market closes.