I sold MU for an 8.2% loss. Fuck that noise. With the proceeds, I bought EVBG, clearly the better play. As a point in fact, I’m betting my cock on it.
Observe.
Joined Nov 10, 2007
23,445 Blog Posts
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No McAfee, I hope.
I cleared out of MU as well. Fundamentally, I still think the price is fair value or better: they are still rakign in tremendous amount of profit.
However, their are three problems:
1) News/enviroment continues to get worse for them
2) Chart is ominous (3-month descending triangle + possible H&S on 18 month)
3) They changed the format of their quarterly investor presentation – less info than previous quarters. Makes it seem as if they are tryign to hide something. If things are bad, i want my investments to just let me know up-front rather than wondow-coat things.
This last one was why I ditched it instead of buy-and-hold
They missed. Got to sell. Move on.
Careful.
If you look at FB monthly chart. What you see is peek socialism in america. Complacency is dead long live Self reliance.
Trump bring troops home for Christmas, obama care is dead and putting deep state in grand juries. Obama was the last new world order president. Long live national sovereignty.
Actual verifiable events:
– Trump sends troops to border for Thanksgiving
– Republican Senate+House+President trifecta failed to kill Obamacare
– Russia probe led by registered-Republican former FBI head who was appointed by Registered Republican Deputy Attorney General, who was in turn appointed by the Republican President who is under investigation
EVBG …”chartfag”.