Comments on: Micron Technology Inc (MU) $6.46 -1.82% http://whatstrading.com/2009/11/03/micron-technology-inc-mu-646-182-2/ Objective Real Time Market Intelligence Wed, 01 Feb 2012 19:24:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: rainman http://whatstrading.com/2009/11/03/micron-technology-inc-mu-646-182-2/comment-page-1/#comment-1383 rainman Tue, 03 Nov 2009 19:34:11 +0000 http://whatstrading.com/2009/11/03/micron-technology-inc-mu-646-182-2/#comment-1383 Hopefully it's tied to stock. This is actually downgrade #2 on the chip sector within the past coupla weeks, meanwhile INTC raises guidance and their stock gets sold off. Thinking it's way way overdone on the selloff at this point. I'll sit on my $BYT (and watch $SOX $SMH calls/puts), but should be interesting what CSCO says on earnings. Hopefully it’s tied to stock.
This is actually downgrade #2 on the chip sector within the past coupla weeks, meanwhile INTC raises guidance and their stock gets sold off.
Thinking it’s way way overdone on the selloff at this point.
I’ll sit on my $BYT (and watch $SOX $SMH calls/puts), but should be interesting what CSCO says on earnings.

]]> By: fredruffy http://whatstrading.com/2009/11/03/micron-technology-inc-mu-646-182-2/comment-page-1/#comment-1382 fredruffy Tue, 03 Nov 2009 18:26:42 +0000 http://whatstrading.com/2009/11/03/micron-technology-inc-mu-646-182-2/#comment-1382 Thanks, Steve. Looks like railroads, chips and gold are the stories of the day. Find more of Steve Smith’s work at: http://www.minyanville.com/optionsmith/ Thanks, Steve. Looks like railroads, chips and gold are the stories of the day.

Find more of Steve Smith’s work at: http://www.minyanville.com/optionsmith/

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