Sorry Dave, you can't use that line ... been copywrited by Bruce Cockburn, famous Canadian folkie.
Thanks to whoever posted the the MU proxy filing. This is good stuff. Fido has increased their holding from 26.6 million shares at the end of June to 31.8 million at the end of August .. woof!! Also, an outfit called Capital Group Companies, based in L.A., shows up for the first time with a 23.2 million shareholding. We just need one more big funds manager to show up with 20-30 million shares and then when the proverbial hits the fan we can watch these 3 giants trying to get thru the exit at the same time ... no, after you Alphonse!
And the thread seems to be turning more bullish with DavidG, Sridhar and the infamous Bateman posting every time you turn around. Speaking as a bear all this is good, fund managers, bulls on the thread etc... The more the better. While not versed in the black art of TA I do know that MU can't go down unless we have sellers ... they're starting to stockpile up. It's time to lie in the weeds Skeeter ..
'MU, the $billion dollar memory guy ... DON'T GET IN THE WAY!!!!!'
regards, Mike |