MICRON is a screaming bargain at current levels with or without a sales decline, with or without an over supply, etc..
WE ARE RAISING OUR POSITION TO 1,000,000 MILLION SHARES
We are taking a good guess that we will see Capitulation soon with people panicking and running for the doors for NO GOOD REASON!
When you look at the hype surrounding AMD, trading approx. 9 points below MICRON, it makes our argument even more concrete!
AMD up over 2 points today now trading around $32..
Dare to Compare..?
Advanced Micro Devices has a trailing-twelve-months P/E of 80.53X compared to the Electronics / Semiconductors industry's P/E of 18.14X.
Within the last 5 qtr's, AMD had the following earnings: 0.45 CENTS
Q2 2018 - 0.14
Q1 2018 - 0.11
04 2017 - 0.08
Q3 2017 - 0.10
Q2 2017 - 0.02
Within the last 5 qtr's, MICRON had the following earnings: 12.06 DOLLARS
Q3 2018 - 3.15
Q2 2018 - 2.82
Q1 2018 - 2.45
Q4 2017 - 2.02
Q3 2017 - 1.62
DARE TO COMPARE INTEL EARNINGS TO AMD..?
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!