$MU: Buy on dips, yearly uptrend active...

28 giu 2018

MU is now cash positive, doing great progress in containing debt and investing in CAPEX. They have a significant advantage in the NAND space and are investing heavily in it. Very good valuation here, and trending up, an easy buy for the long term.

Cheers,

Ivan Labrie.

28 giu 2018

Nota

5 lug 2018

Nota

Support held, bad news still being absorbed by the buyers, as sellers unload for a couple more days.

10 lug 2018

Trade chiuso manualmente

I'm taking profits here, rebuying on dips in 3 days or so.

4 ago 2018

Nota

Haven't bought back after selling recently. My last buy back attempt was not too good, as technicals deteriorated, specially relative strength. Flash memory prices trending down still. Trading its toll on this stock and WDC. both look promising and cheap but act a bit like commodities. Need to time the cycles.