Monday, July 17, 2017 10:05:06 AM
MU follow-up: Heres an interesting chart from electric phred at SA who has written a numer of interesting and informative articles about MU.
Notice how MU's SP closely followed the DXI index showing the average spot price of Dram chips until about a year ago. Dram chip prices are more than double what they hit in the last boom back in 2014. MU's SP is still less than it was back then. If MU's SP caught up to chip prices, it would be up to $80/ share. I don't think that will happen but it could.
Btw, the DXI index is up again today by another .36%
Notice how MU's SP closely followed the DXI index showing the average spot price of Dram chips until about a year ago. Dram chip prices are more than double what they hit in the last boom back in 2014. MU's SP is still less than it was back then. If MU's SP caught up to chip prices, it would be up to $80/ share. I don't think that will happen but it could.
Btw, the DXI index is up again today by another .36%
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