Kathleen, these analysts are amazing.
The increase in Boise, Idaho-based Micron's share price shows investors think the company is poised to profit greatly once DRAM prices recover, which could happen sooner than expected, analysts said.
Guys, stick to writing your "research"/marketing reports and leave the trading to the traders.
The stock traded up because it didn't trade down. You had everyone in the world looking for it to miss, it did, it didn't tank, some shorts start feeling a little heat, take profits on the assets, roll out of the Decembers...and we get the dreaded price rise on a disappointment.
Good trading,
Tom |
