Replies to post #1226 on Micron Technology (MU)

[europtiger]

Sorry,but do u have a link for that?

"5 analysts has set a target price at $3, Strong Sell, chart is very damaged!"

[lloyd20]

5 analysts has set a target price at $3> Granted there have been many analysts downgrade Micron but yes, give a link to one that has us going to 3. Besides, for every analyst that has us going down, there is another projecting a significant rise. So, you can find any analyst you want to predict anything you want.
Additionally, Micron has to up its game in this competitive market and will have to get and stay ahead of the curve.
That said, you obviously have some motive for wanting Micron to go down. If you think posting non supportive negative hyperbole on some message board will help you achieve that goal, you are sadly mistaken. Do you really think any of us here are going to sell our shares based on your standard worn out statement of the price going to 12 and that we should sell? I think not.

[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.