What is happening now to Micron as a company / stock is defined as SICK!
Wall Street Analysts have lost their minds. This was a setup by Wall Street to cash in on options sold short. It was a HUGE Payday for Short Sellers and absolutely criminal.
This is a chance of a lifetime and when Wall Street hands you a HUGE GIFT, know when to accept it, say thank you and RUN TO THE BANK AND CASH YOUR HUGE PAYCHECK!
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RUMOR MICRON BUYOUT
ADDING to our Position at these FIRE SALE PRICES!
250,000 SHARES
Average Price: $37.57
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Typical Wall Street Corruption issuing GARBAGE Press Releases about Enterprise Spending
As long as the CLOUD / CLOUD COMPUTING / COMPUTERS / MOBIL PHONES / AI / Electric Cars and everything else that needs memory and storage to function, which is over 90% of Worldwide devices, continues to be used by consumers, MICRON's products will never go away.
DEMAND for Memory and Storage will continue to skyrocket as it is now!
READ THE ALIBABA RECENT PRESS RELEASE
AUGUST 24 PRESS RELEASE - WALL STREET ANALYSTS ARE CORRUPT ISSUING FAKE NEWS!
FAKE NEWS WALL STREET JOURNAL, BARRONS, GARBAGE INVESTMENT WIRES and INVESTMENT SITES ETC..
I hate to be the person delivering the GREAT news but...
If Micron Product Demand is worsening...
Microsoft, Apple, Amazon, Netflix, Samsung, Google and every public company using / accessing Storage and Memory will CRASH!
THE REAL STORY, THE FAKE NEWS WIRES ALONG WITH CORRUPT WALL STREET ANALYSTS WORKING WITH SHORT SELLERS ARE THE PROBLEM! WHY?
Either they are to stupid to understand the real story or they are purposely spreading false rumors to sink the high flying tech sector for no other reason than...THEY WENT SHORT AND GOT CAUGHT BECAUSE THE SECTOR KEPT GOING UP!
MICRON runs and is in charge of the Tech Industry. If Micron's Business is sinking, then every Tech Company in Silicon Valley will SINK too!
I am so sick of Wall Street Corruption. No wonder why bankers have been committing suicide!
last but not least they want to kick them in the ground for keeping their products low price for Appe and others to benefit as much it can... suicide is the effect.
CodedFlow
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beside the great fundamental points raised we should consider the competition like Samsung and Hynix and some other small players. On top of everything... FPGA is taking over and NVDA is losing ground with their new video cards... building memories is important - but is not a monopoly. my 2 cents... sorry for intrusion sir.
UnknownUnicorn3159981
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FAKE NEWS WALL STREET JOURNAL, BARRONS, GARBAGE INVESTMENT WIRES and INVESTMENT SITES ETC..
I hate to be the person delivering the GREAT news but...
If Micron Product Demand is worsening...
Microsoft, Apple, Amazon, Netflix, Samsung, Google and every public company using / accessing Storage and Memory will CRASH!
THE REAL STORY, THE FAKE NEWS WIRES ALONG WITH CORRUPT WALL STREET ANALYSTS WORKING WITH SHORT SELLERS ARE THE PROBLEM! WHY?
Either they are to stupid to understand the real story or they are purposely spreading false rumors to sink the high flying tech sector for no other reason than...THEY WENT SHORT AND GOT CAUGHT BECAUSE THE SECTOR KEPT GOING UP!
MICRON runs and is in charge of the Tech Industry. If Micron's Business is sinking, then every Tech Company in Silicon Valley will SINK too!
I am so sick of Wall Street Corruption. No wonder why bankers have been committing suicide!
DIRT BAGS
Pugly
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Yeah, no.
CodedFlow
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EXCEPTIONAL ENTRY POINT ! you got an amazing price for an amazing cash cow...
UnknownUnicorn3159981
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RE-POST - I am re-posting this response from an answer I gave another user. Hope this answers many questions investors might have.
There seems to be several disconnects and uninformed Wall Street Analysts / Garbage Investment Websites causing the slide in Micron stock because they DO NOT understand MICRON or what the company does.
Micron builds the memory chips for NVIDA per NVIDA Specifications.
The huge problem we have, Wall Street Analysts have no clue what's going on within the computer / technology industries nor do they even remotely understand what makes a computer work.
On top of Micron building the memory for the NVIDA cards, MICRON sells all kinds of memory / storage modules / chips / devices for the entire Technology Industry.
So, if these DUMB ASSES for Wall Street Analysts are talking about an over supply or a drop in demand, this directly reflects poorly on NVIDA and every other Graphics Card / Chip Company in the industry because chances are, others are also using MICRON memory for the graphic cards and to prove my point, MVIDA recently missed earnings / revenue consensus.
Micron is the company that keeps a majority of the Graphics Companies in business by manufacturing memory / proprietary chips for their devices.
So what I was saying above, if demand is slowing for Micron products, then the entire technology sector is in trouble including Cloud Computing etc., AI etc.
THIS IS ABSOLUTELY NOT THE CASE
Microsoft, Amazon, among other big Corporations are spending BILLIONS to upgrade Cloud Computing Platforms and to do this, they need massive amounts of memory and storage.
We already saw Microsoft and Amazon Earnings Reports and within those reports, Cloud Computing was BOOMING!
Also, Computer Sales / PC Market grew sales for the first time since 2012, 2.7 percent, year over year, to 62.3 million units due to Windows 10.
We all know Microsoft / Windows Operating System needs a good amount of memory to operate smoothly.
Wall Street has it wrong. Wall Street has no clue what's going on never mind what day it is.
In 2017, demand for storage hit 14,800 exabytes, exceeding the world's storage output by some 4,000 exabytes.
The global Next Generation Memory Market is expected to reach USD 3.43 billion by 2020.
Increasing need for fast and economical storage solutions across diverse applications is estimated to drive market growth over the forecast period.
Next generation memory is used for various applications such as enterprise, industrial and automotive to store and manage information, which is expected to augment market growth over the next six years.
TAIPEI -- Demand for NAND flash memory, used to store data in a wide range of electronics, can increase 25 times by 2020 if autonomous car adoption reaches 1% over the next three years, according to Applied Materials, the world's largest semiconductor and display equipment supplier.
"We are looking at some 25 times more of NAND flash memory demand compared with current output if the penetration of level4 smart cars reaches 1% by 2020... the data generation and the requirement to compute and store those data will be incredible under that circumstances,"
I hope all this information answers the questions herein because as it stands right now, MICRON is a bargain!
Penguins83
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The problem is... NO ONE knows when this will skyrocket. Could be tomorrow or it could be next year. EVERYONE knows the value of this but too many analysts had sky high PT's causing months of options buying in the multi Billion $ range per week. Insane, Algos and MM's took advantage. One day they will release this beast...but again, we dont know when.