I read the analyst paper transcription on another site.
He even doesn't says that the demand will drop but that the demand growth will slow.
And that's enough for him to declare "Winter is coming".
The interesting part are those 2 millions put options that were bought two days before this news.
For me it looks like a completly engineered short squeeze.
1 - You buy huge amount of Micron puts
2 - You publish a grim analysys "Winter is coming"
3 - You sell your puts with a huge profit to dummies
4 - You buy Micron Shares at a very low price
5 - You sell your shares at huge profit when good news force all shorters to cover and buy at any price
Based on recent short sqeezes, the Micron share price could double in coming weeks, if shorters have to cover..
The question is : is Micron waiting for some good news ?
There are many ways to make money on the stock market these days, if you have the right information and you know how to take money from uninformed people.
Sharks are circling the semiconductor sector, it seems.
And no cops to be seen.
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