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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (38790)9/22/1998 1:10:00 AM
From: Sun Tzu  Read Replies (1) | Respond to of 53903
 
Thanks for the advice SB. The problem I have with MU is that lately it is way too volatile for my style of investing. When a stock goes from 30s to low 20s and back in less than a month, I either have to day trade it (which I don't want) or damn make sure that I am on the right side of the deal and set aside lots of cash to ride it out (which I don't mind but need to make sure which side is the right side). It is possible for DRAM prices to firm up and rise slowly and yet see micron go bankrupt. My problem is that if no one sees it that way, MU will rise all the way before dropping like a rock, and I might lose on both sides of the trade. So for now, I'm just trying to see what everyone thinks before I jump in.

Sun Tzu