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GR,<< there is a conspiracy between me and my sometimes long position of 1-3000 shares of mu to keep this dog up. my dear man there are millions of mu that trade ev day.>> I thought you were long Jan 25, 30, 35, and 40 calls, then you bought puts and sold them back. Did you sell these and go long the stock at some point or do you have one of those virtual portfolios? In terms of emotion, I like MU as a company- I've said many times how I think they're a lot of fun, and S Appleton and Tyler Lowry are no doubt impressive. They even have an engineer from one of the schools I attended as a vp, so they must have some quality staff(g). But, like Kool Moe Dee, I'm all business when it comes to money. In terms of your analysis, I have one counterpoint- you mentioned stocks like aol, presstek, iomega, etc earlier, and in this post said,"my main pt to all is that a lot of good stocks don't go up as one might think and a lot of other stocks do go up more than many think they should." However, if you had ridden the trend on presstek, you would have taken a huge risk considering the risk down the line- when it falls its going to crash. Mu's nowhere near as bad, but still overvalued by many estimations. Good luck. |
