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re: LRCX down to $163 today

Posted on 9/7/18 at 7:36 pm to
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13363 posts
Posted on 9/7/18 at 7:36 pm to
AMAT under $40 ??
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 9/7/18 at 8:36 pm to
BOUGht a share at close for $159
Posted by theicebox
Member since Oct 2017
710 posts
Posted on 9/10/18 at 12:32 pm to
Now we HOLD?
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 9/11/18 at 9:49 am to
still free fall....
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15751 posts
Posted on 9/11/18 at 10:22 am to
quote:

still free fall....


It's a long hold. If you were expecting to make a quick buck in a few weeks, you will be severely disappointed.
Posted by African Japanese
Member since Jul 2018
364 posts
Posted on 9/11/18 at 10:41 am to
Looking into scooping some of this stock up. Do you guys think this is a good time or do you think it will slide a little more?
This post was edited on 9/11/18 at 10:43 am
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15751 posts
Posted on 9/11/18 at 10:54 am to
quote:

Looking into scooping some of this stock up. Do you guys think this is a good time or do you think it will slide a little more?


I think it is a great time to buy into it. I don't see it falling much more if any. You'll get a higher dividend yield than say I have when I bought in at the $160s.
Posted by African Japanese
Member since Jul 2018
364 posts
Posted on 9/11/18 at 11:19 am to
OK I just bought 15 shares and plan to hold on to this for awhile in my roth. Thanks
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15751 posts
Posted on 9/11/18 at 11:36 am to
quote:

OK I just bought 15 shares and plan to hold on to this for awhile in my roth. Thanks


Drip the shares and you will be just fine.
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 9/11/18 at 12:50 pm to
quote:

It's a long hold. If you were expecting to make a quick buck in a few weeks, you will be severely disappointed.

I was just hoping to catch the bottom, but I plan on buying a share per month to DCA.
Posted by Civildawg
Member since May 2012
10196 posts
Posted on 9/11/18 at 1:52 pm to
Just bought I few shares based off this thread. Hopefully it works out for everyone
Posted by MikeD
Baton Rouge
Member since Jan 2004
8127 posts
Posted on 9/11/18 at 1:57 pm to
In as well
Posted by theicebox
Member since Oct 2017
710 posts
Posted on 9/11/18 at 3:44 pm to
HOLD
Posted by leoj
Member since Nov 2010
3107 posts
Posted on 9/12/18 at 8:11 am to
Just a heads up, MU got downgraded again so LRCX is going to take a hit.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15751 posts
Posted on 9/12/18 at 8:41 am to
quote:

Just a heads up, MU got downgraded again so LRCX is going to take a hit.


Cannot let daily ups and downs make decisions.
Posted by theicebox
Member since Oct 2017
710 posts
Posted on 9/12/18 at 8:56 am to
How does MU effect LRCX stock?
Posted by leoj
Member since Nov 2010
3107 posts
Posted on 9/12/18 at 9:43 am to
I agree, just a note.

Icebox, afffects it because MU is a big customer of theirs and they also move a lot with the general chip/tech sector.
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 9/12/18 at 11:14 am to
I’d love to see $30 MU again
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 9/12/18 at 11:34 am to
quote:

Icebox, afffects it because MU is a big customer of theirs and they also move a lot with the general chip/tech sector.


At what point do we see this clearing up a bit? Are the tariffs still the main hit here?
Posted by leoj
Member since Nov 2010
3107 posts
Posted on 9/12/18 at 12:05 pm to
A little, but at this point it is fears of chip pricing cycle being at a high and about to start going down and now all the analysts are jumping on the bandwagon, even though their price targets still show big upside.

MU earnings are in about a week, they have commented before that prices have already gone down this year but they increased earnings by selling more profitable products together and also decreasing their costs. The cc should be a turning point either way I think.
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