LD,
>>I must admit I am getting chicken to go long MU,
even short term.<<
Are you being sarcastic or are you serious? If serious why?
There is so much negative sentiment on this board, aol, yahoo, prodigy and among most trader/investors who I know. Everyone is focusing in on these earnings and how badly it will effect mu stock price. What if the earnings are -30 to -50 and nothing significant happens to the downside like last qtr. Will all the shorts panic and push this dog up more absurd valuations? Even with a big loss the cc will be future bright, competition thinning, korea won't get IMF $, filing more dumping complaints on those bad foreigners who caused this horrible loss, and testing next generation chips, getting better shrinks, are the best lowest cost producer, demand will firm, etc. etc. etc.
Or with all these phoney upgrades is gs and fiends getting ready to pull the plug?
RR |
