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Long

ADDED 1,000,000 SHARES - POSSIBLE BUYOUT

NASDAQ:MU   MICRON TECHNOLOGY INC
We heard a rumor that at least two to three large chip companies approached Micron about a takeover.

Is the rumor true, we are trying to find out.

We can say this, after looking at the stocks / P/E's of lesser public companies, in the computer / technology industries and other industries, and then looking at the price of Micron, if the company is not purchased by Intel ( INTC ), Qualcomm ( QCOM ), Taiwan Semiconductor ( TSM ), Qorvo ( QRVO ), Microchip Technology ( MCHP ), Western Digital ( WDC ), Broadcom ( AVGO ) or someone else, it will be a miracle.

Look at Cracker Barrel ( CBRL ), trading at 19 x trailing 12 months, with a P/E of $9.00...STOCK PRICE = $172.00 (yes, we understand it's a restaurant - that doesn't change earnings for earnings or P/E for P/E)

So, even if Micron sales drop , and E.P.S drops to between $8.00 and $9.00, the stock should be trading upwards of $175..? No..? E.P.S is E.P.S right...?

Cracker Barrel has a market cap of only $4.2 Billion while Micron has a market cap of $41 Billion...

Look at MCHP , trading at $73.00 with a market cap of only $17 Billion... P/E....? 32 x trailing 12 months...? OMG!

Look at QRVO , trading at $63.50 with a market cap of only $7.7 Billion... P/E...? 460.33 x trailing 12 months...? OMG!

MICRON is one of a handful, if not the only UNDERVALUED STOCK ON THE STOCK EXCHANGE

Corrupt Analysts calling for more of a drop in the price of Micron could soon be kicking themselves in the teeth!

We will continue to keep adding Micron to our portfolio at these FIRE SALE PRICES!

IT'S REALLY DISGUSTING WHAT IS HAPPENING TO MICRON!

WALL STREET HAS MICRON ALL WRONG AND SOON, THEY WILL ALL BE JUMPING OFF BUILDINGS!

HAPPY THANKSGIVING TO ALL OUR FOLLOWERS!
You're literally the embodiment of r/wallstreetbets. Lol

You have no idea how the market values equities and how cyclical commodities move. Stop watching CNBC kid.
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Lol. How did this work out for you?
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MU is too cyclical, nobody wants to buy them. Look at the historical stock price. Also, spreading false stock rumors is illegal in this country (Elon Musk being the exception, lol).

The funniest part about this is that if they waited until the down cycle to buy back $10B worth of shares, they could have bought back most of their own company. Is every CEO/COB retarded? AAPL, IBM, MU, etc all bought back stock at the peak. MU has a horrible habit of going to single digits, that could have been avoided this time if they held cash.

Market timing says to wait 12 - 36 months from the peak before buying MU. Wouldn't consider going long on MU for at least 2 more earnings reports. Buy when it flatlines after reporting.
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another 1 million shares? you have been buying MU all the way from 50 and still buying at 35 knowing it's going to hit 27. Just tell when you sell or how much money left on your account.
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This is possible only if Micron goes private based on irrational valuation by the market!
Being in the tangled midst of China/US political trade wars, very unlikely that anyone will be willing to buy.
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Now we are talking
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