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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (78566)1/15/2018 1:46:06 PM
From: Sam  Read Replies (1) | Respond to of 95616
 
I just saw the Cramer bit that lumped Micron with bitcoin and marijuana as "speculations". No wonder the stock was weak last week.

cnbc.com

What an ass. IMHO, he was shilling for some guys who are short Micron. The call open interest that is expiring on Friday is enormous and there are a lot of them in the money. The lower it goes, the better for whoever sold them. Most of it is likely hedged, but I would guess that a more than usual amount is not.

Of course, that too is just a speculation. Still, to have Cramer make this unwarranted comparison just a couple of weeks after he was bullish on Micron is suspicious.