sun tzu, don't short yet. the bearish case is ominous or kip wouldn't being creating what will be proved to be fables.
the mu bulls make a rock look like an iq champ. they believe anything. the speculate based on possibility (anything is possible) and not probability (duh, what's that? ;-)
you may miss mus collapse. if so, nothing lost. however, if dram starts tanking (it hasn't) and the pimp-o-rama escalates as it did last year to coincide with the collapse, you will make, easily, 10 times your money by purchasing puts. and you will know it in advance. i can see mu going above $40 inspite of potential bankruptcy.
you see, the first law of holes is that you stop digging when you are in one. mu and mu bulls don't know this. they are like gamblers. they ARE gamblers. mu has been losing bad (wiped out 4-5 years of cash flow) and just doubled down.
a desparate move, imho, by a company on the brink. but, the stock can go higher. |
