| | | Check out this article. It's one thing to be a bear, but it's something totally different when you BLATANTLY LIE!!!!!!! thestreet.com Cramer, the piece of crap, says that DRAM and NAND pricing peaked in October. Huh, I thought DRAM prices went up last quarter and will go up again this quarter. At least that is what the company told us. Is Micron lying? Am I missing something? Is this legal? Seriously?! I am convinced this guy Cramer has some kind of ax to grind with the company. He is usually bearish even in the face of strong fundamentals and when he is bullish it's always with a heavy dose of caution. He must have been burned by this company in his trading past, or maybe they keep snubbing him for his show so he takes out his frustration in this passive aggressive sleezy slimy way. He is a POS, no other word for it.
With Micron Technology ( MU - Get Report) , there's something for bulls and bears, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
What you're buying with Micron is a belief that even though the prices of DRAMs and flash have peaked or at least peaked in October - they can always come back - they company is now able to make a lot more money off of what it sells," Cramer said.
The bear case for Micron, Cramer said, is that the company cannot outrun average selling prices going down. |
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