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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (3126)11/14/2017 12:27:38 PM
From: bigchad  Respond to of 4833
 
Just wait, we're only 39 months away from the end of 2020 and the Mayan Calendar end of the NAND cliff. $40 here we come.....or is that $140?



To: Art Bechhoefer who wrote (3126)11/14/2017 12:29:33 PM
From: SiliconAlley  Respond to of 4833
 
WDC gained over 10% in five weeks. Not bad for a company set to go down the tubes.

And still down 25% from the all time high. Never known you to focus on short term results, but even Worldcom has performed as well in the past.

When the Warren Buffet disciple starts getting excited about a short term move, its clearly time to sell. Your concerns about the high debt levels are absolutely correct, now that their future ability to pay it off is in danger.



To: Art Bechhoefer who wrote (3126)11/29/2017 10:50:44 AM
From: SiliconAlley  Respond to of 4833
 
WDC gained over 10% in five weeks. Not bad for a company set to go down the tubes.

And down 10% in 3 days. This is what happens when stocks are being distributed by informed sellers, and the buyers get tapped out.

I am closing today on the prime real estate I purchased with my WDC winnings, and quite happy to be out of the stock. When the fundamental on a stock go negative, the time to get out is immediately.



To: Art Bechhoefer who wrote (3126)12/7/2017 6:38:40 PM
From: SiliconAlley  Respond to of 4833
 
WDC gained over 10% in five weeks. Not bad for a company set to go down the tubes.

The stock closed at 91.58 on the day you posted this, November 14th. Three weeks later, that stock is at 78.35, down 15%. If you haven't learned this in your 60 years of investing experience, stocks go down faster than they go up, which is why it is better to be out early rather than late.