Savvy Trades and Investments

[cliffvb]

MU That must be UBS as in Unadulteraded-Bull-Shit analyst. Apparently he sees Dram prices starting to rollover in 2 quarters. I don't see any way that will happen. Unlike a few years ago when there were about 7 major suppliers of Dram chips, there are only 3 now; MU, Samsung and SK Hynix. All 3 of them have said they plan only moderate increases in supply which probably won't even keep up with growing demand. China is at least 2 years out and it could be much farther if they can't steal the technology.

It reminds me of yesterday when the market tanked on news of proposed tariff increases by China in their chess match with the US. The market then came back to its senses. UBS has likewise created a good buy point for investors in MU, imo.