MU ER were as follows :
Sales $2.14 Billion vs expectations of $2.11 Billion..a beat
EPS loss of 14 cents VS expectations of 1 cent profit
Loss resulted from sharply lower DRAM prices....
MU AH Bid $5.71 Ask $5.74..closed @ $5.87
MU has been beaten down, thus behaving OK in AH Down 14 cents.
CC is @ 5.30 PM...i will not listen to cc.
BLOG does NOT give buy or sell.
Saleem
2 comments:
S
A am sorry about MU
I am never sure that buying pre earning release is a good idea
Hmmm
C
Hi C,
MU was not an earnings play, it was @ an attractive price..i may add more tomorrow?
Saleem
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