Micron Technology (MU)

[JLS]

Market up sharply over last week.

MU down sharply over same period.

MU share price is not about senate votes. It's all about two analysts at the same company who don't know squat about semiconductor memory technology, and who yelled that memory prices could fall because it always has fallen in the past and it must be time for it to fall back again.

A number of other analysts have come out and said they are not changing their view and that MU will trade at and above $50.

The way I look at it is that MU went exponential over the last few weeks following the last earnings release, and now fear (caused by two analysts at the same firm) caused MU to drop back down to its historical trend.