DavidG,
appreciate your comments, since I play the stock both ways I dont side with one or the other, just what makes sense for the trade.
Its pretty darn hard to be a bear at this moment in my opinion. Some dont like Micron, some dont believe the DRAM situation is real, but bottom line, the stock should move with the DRAM price if it keeps going up and stabilizes. It seems to be holding up well right now. Demand is strong at the this time of year, no matter what the CPU shipment reports say, bit growth is extremely strong, and Intel keeps cutting the processor prices. If the PC guys can wake up and avoid major shortages, then they will have a great Q4. MU should do very well in Q1(nov) just because of the situation.
I miss your trade suggestions, I have 40 oct 32.5 calls-mujz, and 2k shares.
Its hard to set goals with talk of 40+. I normally get in and back out
fairly quickly. Any suggestions?
Good trading.
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