Microns got their Earnings on March 19th, Investors event on February 11th. I think this will be fuel for a launch. Once we see these numbers exceed on paper sentiment will shift. Even if AI and most of Tech goes down for a few months, there’s little reason for the people actually getting paid to go down. I’m still fully bullish on Micron, once this wave of fear is gone things should ride smooth again.
AMZN & GOOG Capex will make Micron moon
byu/Stunning-Dig-8916 instocks
Posted by Stunning-Dig-8916
14 Comments
I agree, the challenge for most will now be to stay rational for the next 10-15 days to actually see it through.
I don’t believe this drop is really due to Micron, but the larger market conditions.
I have 400 shares. Memory stocks have to be the first to recover. And recover biggy
MU & SNDK are going to go ballistic when SPY reverses above 690.
How high do you see it going?
There’s absolutely no reason for Micron to dive. It’s just caught up in the big red wave we’re seeing. Buy now for deep discounts on a major, established, profitable company with a scarce, high-demand product that’s exploding in price, unless you hate piles of free money.
Even if AI cools short-term, memory demand isn’t going back to pre-AI levels. That’s the structural change people are betting on
Memory stocks already mooned
The problem is i dont know how much i should buy a day to DCA.
1% of portfolio assets sound good or go more aggressive?
I dont know how prolonged the overall market decline will be, but bullish long term on MU
May I present you with my counter argument, someone posted here before close saying Amazon is poised to crush and skyrocket.
Would you sell googl up 20% and put that into mu?
Finally someone gets it!
I’m super bullish micron. Will back up the truck
Sndk has most potential to moon
I believe it will moon. I also believe that if the market doesn’t seriously stabilize in the next 2-3 trading days it will be mooning from 30% lower than it is now by earnings.