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Vamsea
Kurra Bewarse
Username: Vamsea

Post Number: 2519
Registered: 06-2004
Posted From: 67.61.10.80

Rating: N/A
Votes: 0

Posted on Saturday, April 28, 2018 - 8:29 am:   
Kubang:

Why is MU dpwn so much in recent weeks? I don't own it just curious. P/E is very low. Overall strong buy recommendation from analysts. What's wrong with it off late? Any one know this company well enough to comment?



MU fortunes reversed when an UBS analyst down graded the stock& gave a PT of $35, 2 wks ago.. He again raised concerns about DRAM/NAND pricing /cyclicality. LRCX/AMAT earnings calls added fire to the fuel. combined with AAPL downgrade by Kate huberty@ Morgan stanley

yee cyclical companies
YOU BUY when PE is high
SELL when PE is low ani Cramer taatha vuvvaacha

My friends in Micron did not believe when the stock went to 40 and started selling. Things are too good with Micron and they dont know how long good things last..

Analyst gaallu maathram $100 PPRICE targets&creating retail bag holders when the big boys are selling

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