Cramer's Bearish on Micron Technologies (MU)?

[davidw03]

I'm currently on vacation and staying at a hotel that doesn't carry CNBC -- can someone fill me in on why Cramer is Bearish on Micron Technologies (MU)? I thought it would be a good Hold or Buy candidate in light of the Intel/Micron/Apple news.

Can someone fill me in on what exactly he said about it on the 11/21 show?

Thanks in advance.

[Beaker]

someone correct me if I'm wrong here, but he said it during a "profit taking" segment at the very end of the show. He mentioned that it was up from when he first said to buy it, and now is a time to cash in. He didn't say anything about where the stock is going from here.

Personally, I was expecting the stock to tank because of what he said, so I put in a stop order for the day in case it tanked, but it didn't. So I'm going to hold it a while, maybe put in a trailing stop order of some kind just to be safe.

I just bought a couple days ago, so I'm only up 3.5%, don't want it to fall below 0%.