$Western Digital(WDC)$ Holding steady and not selling. I've heard people say WDC and STX have no protection or no moat around them, but that's just not how I see it. The best moat here is that this is a duopoly. Even if Toshiba manages to buy TDK and eventually starts selling storage, it's still a duopoly. This price drop is nothing more than a far more attractive PE ratio. At these prices it's a value play with no end in sight for the buildout. I'm not happy it's down, very unhappy, but I'm not selling.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
