MU: Wait for a Moment!

sadsam
04-10

$Micron Technology(MU)$ Outsmarting yourself: My 90 average certainly welcomed the 113 just after the earning report so I sold all. Could have bought at 110 as it jumped in stages to 130, then back to now at 122. Twenty points lost but the 23 points made before gave me a nice vacation out west. So what to do?

Now back in I'm waiting for 140 I guess, or just be patient and hold for a year. The MU of recent years struggled up and down, just like an oil stock, supply and demand and no profit so no confidence.

Now there's lots of demand and confidence into the future but it's tempting of course to sell at one of these spurts and hope for a drop to get back in as the volume shows the glide path is upward.[Grin][Grin][Grin]

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Comments

  • OutsiderLEO
    04-11
    OutsiderLEO
    Ah, I see you've had quite the ride with $MU!
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