OUR AVERAGE COST WAS DOWN TO AROUND $30.77 AFTER LOWERING OUR COST FROM THE HIGHER PRICES WE PAID, UPWARDS OF $59 A SHARE
THE STOCK WENT UP OVER 10 POINTS WITHIN A SHORT PERIOD OF TIME
NOW, THE NEGATIVITY RETURNS TO THE CHIP SECTOR FROM DOGS LIKE NVIDIA...WE MENTIONED IN A PREVIOUS POST NVIDIA WAS A BUBBLE AND NOW OUR POST IS COMING TO LIGHT
NVIDIA HAS LOWERED REVENUE HOW MANY QTR'S NOW? WE WERE RIGHT WHEN WE POSTED NIVIDA WAS OVER PRICED AND WE ARE STILL RIGHT TODAY!
WE CLOSED OUR ENTIRE MICRON POSITION SELLING 3 MILLION SHARES
AVERAGE COST: $30.77
PROFIT: $25.5 MILLION
WE STILL FEEL MICRON WILL TRADE UPWARDS OF $100 IF YOU HOLD THE STOCK FOR THE LONGER TERM
AS FOR THE BUYOUT, WE WOULD LOVE THE WESTERN DIGITAL / MICRON MERGER RUMOR THAT WE HEARD ABOUT COME TO LIGHT, THAT WOULD BE ONE AMAZING COMPANY COMBINED!
BEST OF LUCK TO THE LONGS!
BULLS MAKE MONEY, BEARS MAKE MONEY, PIGS GET SLAUGHTERED! - DON'T BE GREEDY