@Deenobrown123@pdicarlotrader MU is incredibly undervalued and yes should be at least $2000. However, are we really expecting whales and institutions to buy up into those levels with the amount of fear and uncertainty in the market right now? I don’t think so. Happy to reload at a lower price. A gift.
@itsjcmerlo I would like to agree however there’s a lot of uncertainty in the market right now around some major factors- oil, fed/interest rates, japan carry trade unwind, etc which I think keeps a lot of buyers out of the market in the short term.
@DodgysDD Now you’ve put yourself in a “losing” mindset and will probably keep losing as your confidence weakens. Never a bad idea to take a step back and reset, especially in a market like this.
@_HalalTrader_ In 3 years physical AI and robotics will be broadening and scaling and this of course will put even more pressure on chip supply. Crazy how anyone can be a long term bear.
@StockOptionCole I mean, happy to see 800 as well. Happy to get SNDK at 1350. Love to see everyone freak out as if the AI trade is over, it just makes me more confident we’ll find a bottom of this shakeout and head back to new highs.
I went long at 250, added at 350, 405, 450, 500, 550, and 700. I will probably never sell. Those who were early will keep adding, while the late-comers take profit and don’t buy again. But they’ll end up tailing institutions at the highs when it comes back up.
I want to be extremely clear about $MU
Once you are ALL IN on a stock you learn about it… like a mad man
3 months ago, not even kidding, I knew NOTHING about this stock
Now I’m looking at DEEP ALPHA and connecting globalist dots all just to get a conviction feel for what the heck is happening
We aren’t early but also I don’t think this is the “end”
Doom and gloom are everywhere which is usually a good time to DCA
Obviously I can’t do that because I’m ALL IN
So, as for me? I like the stock $MUU
Samsung may take us lower. Ok, cool. Let me buy MU at 818, WDC at 490, SNDK at 1500. And I’ll catch the shorts all the way down. Short in the short term, long in the long term. All you have to do is wade thru this bs and you’ll be rewarded.
There is not a single thing anyone can do to stabilize DRAM prices over the next year. Short term exhaustion is reasonable. Longer term bears are gonna get smoked.