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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Sam who wrote (76192)7/4/2017 9:34:59 PM
From: Donald Wennerstrom  Read Replies (2) of 95572
 
So, if I followed the Nanya action correctly, they sold about 12M shares of Micron in the last 2 weeks of June lowering their stake in Micron from about 58M shares to 46M shares. Maybe they continue to need cash and keep selling Micron into July, August and beyond? If so, don't have any idea if that is a "big deal" or not. 12M shares doesn't sound like a lot when compared to the 375M shares traded in Micron during the last 2 weeks of June. Maybe a lot of other entities were selling as well.
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