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TOSBF - Micron Technology: A Psychedelic Iridescent Swan Event
Toshiba Corp
I hope I'm not too presumptuous in claiming the title as a leading critic of Micron Technology (MU) management on their lack of clarity and wisdom in piling up a staggering 151 days of inventory as of the last 10-Q. But I read the news and it has my head spinning, and I've turned very, very bullish.
SA's great writer Stephen Breezy once wrote a piece about Micron saying it was facing a purple swan event. This current combination of news items is way beyond purple, hence the title. Breezy was trying to