Grimmey
For weeks, I've read your posts praising this stock, and needling the bears. On Tuesday, moved by posts of the same tone, I said here that I bought at 37. The stock closed lower that day. You wrote back, needling the bears again, telling me to hold on, and in fact, to "buy more on a dip." MU dipped and I bought more, at a good price of 34 1/4, on Wednesday.
As I'm sure you are aware, MU has traded as low as 31 1/2 today. At my average price of 35 5/8, I am down over 10% on this position.
Question: Do you recommend buying on further dips? When do suggest we take our loss. 15%? 20%? Here, or at 8 a share??
To the MU page group: To my knowledge, this is the first time Grimmey's humping and whipping of this stock has been put to a real time test. Keep a look out for further posts about what "longs" should do now.
Good luck to all
And especially to you Grimmey.
KH |
