SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum
MU 244.54-5.4%10:51 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (52447)4/11/2001 6:55:56 PM
From: Skeeter Bug   of 53903
 
>>I hate it when you are right on a fundamental basis but still lose money because you don't get the psychology of this market<<

YOU hate it? ;-)

i'm a recovering micron put buyer. i haven't bought any in years. mu has funky stock action, for sure.

the problem micron has is much more systemic than current market conditions. they spend $2 billion a year to make $1 billion during average time. sure, they were bailed out by the bubble markets and the converts (helluva call!).

they will continue to need bailing out b/c they can't make enough dough to run their their business over the long run.

with unit pc shipments expected to drop this year and inventories to the rafters, lam can sell nothing and not impact supply.

but, i do learn, mu is quite a beast. i will be back playing the market when i get enough dough together to have a strong money management system. my first goal was to pay off my condo rental free and clear. that goal was accomplished, however, my taxes this year are so ugly they scare janet reno. ;-)

fundamentals do not alway rules. however, neither do the trends (as in rambust ;-)

we all have a lot to learn. i want to keep my dough safe while i do my learning, hence the money management system.

best of luck shorting this bow wow at YOUR price points :-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News