$Micron Technology(MU)$ If the-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Micron Technology(MU)$ If the CEO put out a press release on Dec 9 saying that on Dec 11, if the price is below $1100, Micron would use the $35B earmarked for buybacks to buy until it reaches $1100, what would happen? I think the price would go to $1100, and Micron wouldn't have to spend a dime. Then on Dec 16, the CEO could put out another press release saying Micron will buy any shares below $1200 on Dec 18. Maybe they'd have to buy 1 million shares to get there, no problem. Do the same thing again the next week for $1300. Let's say the price gets to $1300 without Micron having to do anything. Micron could sell the million shares little by little and book the $100M profit, and they're back to the $35B buyback cash pile. Keep repeating until the price gets to $3000. That's how you do it. As Cheetah keeps saying, right now the FPE is 6 and the stock price is not where everyone thinks it should be. Doing the $35B buyback and reducing the FPE to 5 isn't going to do anything either. I totally agree with that premise. Best case scenario it bumps the price up $35. My idea bumps the price up $100 in the first week and doesn't cost anything.

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I think the price would go to $1100, and Micron wouldn't have to spend a dime. Then on Dec 16, the CEO could put out another press release saying Micron will buy any shares below $1200 on Dec 18. Maybe they'd have to buy 1 million shares to get there, no problem. Do the same thing again the next week for $1300. Let's say the price gets to $1300 without Micron having to do anything. Micron could sell the million shares little by little and book the $100M profit, and they're back to the $35B buyback cash pile. Keep repeating until the price gets to $3000. That's how you do it. As Cheetah keeps saying, right now the FPE is 6 and the stock price is not where everyone thinks it should be. Doing the $35B buyback and reducing the FPE to 5 isn't going to do anything either. I totally agree with that premise. Best case scenario it bumps the price up $35. My idea bumps the price up $100 in the first week and doesn't cost anything.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a>If the CEO put out a press release on Dec 9 saying that on Dec 11, if the price is below $1100, Micron would use the $35B earmarked for buybacks to buy until it reaches $1100, what would happen? I think the price would go to $1100, and Micron wouldn't have to spend a dime. Then on Dec 16, the CEO could put out another press release saying Micron will buy any shares below $1200 on Dec 18. Maybe they'd have to buy 1 million shares to get there, no problem. Do the same thing again the next week for $1300. Let's say the price gets to $1300 without Micron having to do anything. Micron could sell the million shares little by little and book the $100M profit, and they're back to the $35B buyback cash pile. Keep repeating until the price gets to $3000. That's how you do it. As Cheetah keeps saying, right now the FPE is 6 and the stock price is not where everyone thinks it should be. Doing the $35B buyback and reducing the FPE to 5 isn't going to do anything either. I totally agree with that premise. Best case scenario it bumps the price up $35. My idea bumps the price up $100 in the first week and doesn't cost anything.</p></body></html>","text":"$Micron Technology(MU)$ If the CEO put out a press release on Dec 9 saying that on Dec 11, if the price is below $1100, Micron would use the $35B earmarked for buybacks to buy until it reaches $1100, what would happen? I think the price would go to $1100, and Micron wouldn't have to spend a dime. Then on Dec 16, the CEO could put out another press release saying Micron will buy any shares below $1200 on Dec 18. Maybe they'd have to buy 1 million shares to get there, no problem. Do the same thing again the next week for $1300. Let's say the price gets to $1300 without Micron having to do anything. Micron could sell the million shares little by little and book the $100M profit, and they're back to the $35B buyback cash pile. Keep repeating until the price gets to $3000. That's how you do it. As Cheetah keeps saying, right now the FPE is 6 and the stock price is not where everyone thinks it should be. Doing the $35B buyback and reducing the FPE to 5 isn't going to do anything either. I totally agree with that premise. Best case scenario it bumps the price up $35. My idea bumps the price up $100 in the first week and doesn't cost anything.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/617423631254048","repostId":0,"isVote":1,"tweetType":1,"viewCount":243,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":934,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/617423631254048"}