Tom, picking on CBS Market Watch for boners like that is too easy. :-)
It looks like a yawner -- Fujitsu is already downplaying it in a later news item: we do these kinds of deals all the time, blah, blah.
Some funny business at 80 earlier. Looked like a block of 500 (50,000) at an ask of 80, when MU was 79 3/4 or so. Wasn't exactly a buy, 'cause it would have filled immediately, but They pushed it up to 80, a bunch of big blocks crossed there, it went up a little more, haven't been there since, and now here we are at 79 1/2 (which looks like it might be providing some resistance). The run to 80 might have been a stop run.
Let's see if they give me & DavidG a chance to make a profit today, or if those fake-out peaks from Friday at 79 1/4 or so are supposed to be support. |
