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Time bomb

$GlobalFoundries (GFS.US)$  bottomed enough?
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  • Ultratech : close enough. more towards 38 again. I would not go heavy this is a newer ticker that could very well accumulate lower

  • LeoforDharma : But compared to Micron, this Company is doing quite well.

    having a debt of 2.2B Usd against a cash reserve of 4 B usd

    micron has debt of 13 B against a cash reserve of 9 B


    Net income, Global foundries have been in positive more often times than Micron.

    Multiple layoff by Micron shows this

  • haikalbashah OP LeoforDharma : Looking at long term yes really sustainable. but now it is not very interesting for investors due to lack of crucial news or super good earnings result.

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