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Non-Tech : Kirk's Market Thoughts
COHR 131.96-0.6%Oct 31 9:30 AM EST
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To: Jerome who wrote (5802)5/23/2018 10:31:14 AM
From: Fintas2 Recommendations

Recommended By
Jerome
Kirk ©

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Jerome.. I'm kidding re the GE. A SI poster threw that number out a few weeks ago as many do when they are trashing and bashing a stock. So I followed with a post to him stating I'd take 3 M shares at that time and now. Funny thing the guy didn't respond or suggest he would fill the order. Giggle

As for MU oh I can believe you are up 100%. I have a history with MU given I stood on a hill looking down at a proposed site years ago..1995 ish that MU was to build if memory serves me a 3B project. MU was 95 at the time. And for those who do track things it fell to the 5's. However I'm a bottom feeder. I wouldn't have paid 95 for it back then nor would I be buying at the recent highs. Also given my view re semi's and the sector I'd be sitting on my hands to see where it's low shakes out if/when the selling hits the sector. Which I believe will happen and obviously you don't. That's what makes a market.
As for INTC. Good company and many are up 100-300%. But again my view is why pay at peak when one could catch it in the 40's to then catch the attempt for it's all time highs and more. OH and if I was sitting on 1 year LTCG or 5 years well there's nothing wrong with taking profits. Ya can always come back in. MU/INTC are NOT aapl/amzn/nflx and similar.

OFF TOPIC. Most do not realize that OL CSCO is still no where near it's all time highs of the past. And one wants to be careful to not get caught buying and riding them down as what happened from 34 to 12 and years to get back to the 34 and yup the 40's.

Fact is GE offers greater % upside than CSCO/MU/INTC if one understands it's not going to 5.70 but coming in at the 13/15 makes sense to me for the 26/30 and ?

Be well and nice trades .

Fintas
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