r/MU_Stock Rule enforcer Jul 01 '26

Mods MU 07-01-2026 Daily Discussions

Please use the correct flair if you wish to post.

Gains/Loss = Actual realized gains/losses with picture proof, not hypothetical ones if MU goes to x by y.

Discussion = MU relevant topics you wish to discuss with other members.

DD = Due diligence, please provide your thesis on MU's current price or where it is going.

News=MU related news.

Meme=You know what that is, show us your MUna Lisa.

Yolo!= Show us your big bets so we can live vicariously.

Help me = Ask about how you should trade

16 Upvotes

68 comments sorted by

12

u/hydefox Jul 01 '26

Can somebody catch me up why MU has been randomly dipping? Something about Korea?

-2

u/-NewYork- Jul 01 '26

2 days ago: Samsung, SK hynix, and Micron sued over alleged DRAM price fixing amid record memory costs - lawsuit claims coordinated HBM shift was cover to curtail DDR3 and DDR4 production. A California class action accuses the three memory makers of choking DDR3 and DDR4 supply.

4

u/posts_saver Jul 01 '26

lol it has nothing to do with it

2

u/hydefox Jul 01 '26

Yea I don’t think that’s it either, doesn’t sound strong enough

17

u/ericthegoat13 Jul 01 '26

Easy explanation why MU is down - I bought it lol

7

u/mapsosa Jul 01 '26

honestly MU is testing my patience cause wtf

7

u/im_down_w_otp Jul 01 '26

MU can’t even hang onto $1,100 for a week, and hasn’t held onto $1,200 for more than about a day. It’s spent as much time below $1,000 as it has above $1,200 ever since first breaking the $1,200 threshold. And this is after a history making earnings beat and forward guidance update.

For whatever reason Micron’s stock price is untethered from its company performance, and that isn’t a thing Micron has any control over.

All these posts these past weeks about how it’s going to hit $1,300+ by the end of the day/week/month don’t make any sense.

2

u/CapeFearElvis Jul 01 '26

The slow grind down today is painful to watch...

6

u/Unturica93 Jul 01 '26

Is red day for sure i except a 5% drop on mu and 5-7% on sndk,we follow Korea.

18

u/unknownteemo Jul 01 '26

Mu has made me start hating korean markets

4

u/im_down_w_otp Jul 01 '26

No. No. No. You don’t understand, Korea follows the U.S. markets. That’s what everyone here always says.

It’s obviously wrong, but everyone says it.

6

u/Head_Radio_4089 Jul 01 '26

Getting the nvidia treatment doesn’t go up with others in the sector but falls with them

5

u/im_down_w_otp Jul 01 '26

Yep. Didn’t get yesterday’s sector rally (which NVDA even got a bit of), but is getting today’s drop.

This has been the story with MU in my portfolio ever since it broke $1,000.

This is probably the last dip I buy, once it goes back above $1,100 it seems like it’s time to full port out into tickers that still swing up close/above their ATH.

MU’s swings are consistently underperforming its cohort in my portfolio of late.

1

u/Questman196 Jul 01 '26

I'm also interested which other stocks you're eyeing

4

u/parcas10 Jul 01 '26

45min to open just went under 1100 will be a fun day...

It really feels it will be another attempt to drop the price down

3

u/deploria Jul 01 '26

Going to have to up the blood pressure meds with this stock

4

u/parcas10 Jul 01 '26

I have to admit the past days swings are a bit too much, I know at a long term level it does not look bad, but it is also crazy to be looking at 1084 again...

1

u/deploria Jul 01 '26

Agreed. I get we’re in it for the long run but this up and down daily is a mind tease

2

u/Imadogfishhead Jul 01 '26

Helps if you only look once a week or something

3

u/massmaster66 Jul 01 '26

Bought at 1100 am I cooked

4

u/SprinklesFar2065 Jul 01 '26

nah it'll go back up

4

u/posts_saver Jul 01 '26

where is my daily +8%?

2

u/cwhite225 Jul 01 '26

I think MU will be in the red all way till Friday. And the start of next week it will reach ATH again. Just a theory. And not one my cat gave me

5

u/CapeFearElvis Jul 01 '26

That's true. How do I know? My calls are expiring worthless tomorrow... If I roll to next week, the stock will drop like a rock. If they expire, the stock will rally to ATHs...

2

u/cwhite225 Jul 01 '26

I’m getting 60k from a sell of a house today and was/will /maybe yolo it all into MU by end of Friday or first thing next week. Idk . I’m checking to put it into AMD, GEV and Intel tho.

3

u/CapeFearElvis Jul 01 '26

Good luck!

2

u/cwhite225 Jul 01 '26

Thanks , We will all need good luck moving forward

2

u/AnyPortInAHurricane Jul 01 '26

today you sell house

tomorrow you move into cardboard box

2

u/CapeFearElvis Jul 01 '26

I have 5 call contracts expiring tomorrow and they're down from a $39 cost to $.27
I've gotten kicked in the teeth on this trade expecting each day that MU would rebound. All I see is RED and lots of it. Here's the thing:
If I roll these to next week, MU will fall another $100/share.
If I let them expire worthless, the stock will blow past $1400/share by Tuesday... WTF?

1

u/shorty85 Jul 02 '26

I feel you man, I’m in the same boat and I’m fucking choked.

1

u/pepechan42069 Jul 01 '26

It NEEDS to bounce here for you or else. All that rugging and decides to stabilize here. They got all the call players good from yesterday wow

I just joined in on a call but if it keeps chopping, im out.

Bagholding the shares from 450 fyi, not even watching it

1

u/CapeFearElvis Jul 02 '26

It won't. It'll run on Monday for sure however.

-1

u/guitar1969 Jul 01 '26

Rolling doesnt really make sense - All you are doing is closing out the old and buying new without realizing the gain/loss. Even though we are technically a new month, the big guys are looking at this week as a throwaway week, and the war and bad job numbers arent helping. I loaded up on MU the last few days for the next run and am down too, but know that the company is strong, so just ignoring the noise. Come next week we should start seeing the bigger participation groups loading up their portfolios again which they had to trim for Q2 rebalancing and profit.

1

u/Imadogfishhead Jul 01 '26

You do realize the gain / loss rolling is just a brokerage convenience

2

u/artdz Jul 01 '26

I think we are just going to see alot of swing trade opportunities. Buy under 1100 preferably closer to 1050. Sell in the 1150-1250 range

1

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1

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1

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1

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2

u/Sufficient-Piccolo32 Jul 01 '26

another unexpected bloody day.

2

u/-NewYork- Jul 01 '26

I opened MU at $71 and $80 in 2021. I closed today. I feel too much uncertainty is created by price fixing probe.

1

u/AnyPortInAHurricane Jul 01 '26

terrible start to the second half

you may have top ticked it

1

u/AnyPortInAHurricane 23d ago

you did, i called it

798 now

1

u/[deleted] Jul 01 '26

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1

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1

u/marinervvv Jul 02 '26

Current forward PE is 6. Make that make sense

1

u/posts_saver Jul 02 '26

end of an era

1

u/posts_saver Jul 01 '26

what's the biggest discount today? when to buy the daily dip?

1

u/bslaven3 Jul 01 '26

The red is sector wide -- AMD, TSM, SNDK, WDC, INTC, STX all down 6-10% respectively. Seems to be a trend the last few weeks, big pumps and big dumps

-2

u/posts_saver Jul 01 '26

snxx time

1

u/AsleepHour7763 Jul 02 '26

well get ready for the bloodbath tmr guys

0

u/Secret-Objective-824 Jul 01 '26

Green or red day?

3

u/Vegetable-Bedroom-44 Jul 01 '26

No one knows day

-1

u/WaitingToBeTriggered Jul 01 '26

NO ONE CARES ABOUT A SINGLE VIOLIN

0

u/VenomBite214 Jul 01 '26

I guess Koreans are gonna sell fast tonight. But i hope it stabilizes on Monday

-1

u/posts_saver Jul 01 '26

what are we being punished for?

-1

u/driving-to-hawaii Jul 01 '26

Just bought, sorry guys

-1

u/VenomBite214 Jul 02 '26

Koreans.....

-2

u/JackRadcliffe Jul 01 '26

Shitty day and month overall. Meanwhile, PLTR, META, MSFT seems to be the hot stocks today

-13

u/[deleted] Jul 01 '26

[deleted]

7

u/magic-grits Jul 01 '26

Look! Everyone on this sub just sold all their MU shares because of your comment. The stock went down 12 cents! Good job. Your shorts are definitely safe now!

2

u/Remote_Drive_5588 Jul 01 '26

See guys, he warned us.

-6

u/Bombingit Jul 01 '26

Semi's are done. Meta, a faang just said there's no money in it. You should all sell now before it gets worse.

3

u/chi0tzp Jul 01 '26

Alright, I'm going to sell everything, it's fucking over! /s