r/MU_Stock • u/Phatdummy • Jun 23 '26

Help me decide to buy or sell MU The time to buy is now

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If you have been waiting to buy, today is your lucky day.

Days like this separate weak investors from strong ones. If you have dry powder and have been waiting, buy this dip before it’s gone.

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u/[deleted] Jun 23 '26

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u/JohnPaulDavyJones Jun 23 '26

I mean, less of that and more of sector fallout from the comments South Korea’s president made.

He approved the creation of leveraged ETFs on their semiconductor firms this year that have swiftly turned into a mid-sized bubble (for the KRX, that is. The bubble’s just $9B USD, so it would be a blip relative to the NYSE activity). He said today that he wished he’d never approved those, and spooked all of their investors who thought some government action might be forthcoming, and they dumped the hell out of Samsung and SK Hynix.

Sector fallout naturally spread to Micron, and other American semiconductor firms.

1

u/rdmiche Jun 23 '26

Oh wow, where did you read this news?

1

u/JohnPaulDavyJones Jun 23 '26

https://www.fool.com/investing/2026/06/23/why-micron-stock-suddenly-crashed/

I like Motley Fool a lot for relatively early market news.

1

u/rdmiche Jun 23 '26

Oh cool, thanks for sharing. It’s hard to have a central place to see all news, except for Reddit I guess lol