Seeking Alpha


Send Message
View as an RSS Feed
Latest  |  Highest rated
  • SanDisk -7.1% AH due to margin drop; Micron -2.4% [View news story]
    MU following SanDisk down is simply a form of 'guilt by association', which is, of course, ridiculous. Both of these companies are in the right place at the right time with the right products. Besides, there are a lot of things that can erode margins. Just because one company slipped margins does not mean its competitors will. If MU holds TTM earnings and achieves a 17 multiple, it becomes a $50 stock. SanDisk's TTM multiple is 22. Duh!
    Jul 16 05:20 PM | 3 Likes Like |Link to Comment
  • With the meme circulating that a sub-15 VIX is rare, not likely to last, and consequently bearish for stocks (I, II), Bespoke reminds that prior to 2007, sub-15 was closer to the norm. In one 3 year period - 1993 to 1995 - the VIX closed below 15 on 89% of all trading days. [View news story]
    And don't also don't forget we are nearing the end of the current 4 year cycle now and in 1993-1995 we had not started Kondratief winter either.
    Aug 14 06:01 PM | Likes Like |Link to Comment