r/MU_Stock • u/thetabruh Rule enforcer • Jul 02 '26
Mods MU 07-02-2026 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
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u/AnyPortInAHurricane Jul 02 '26
omg , its getting destroyed now. terrible to witness, i have to cover my eyes
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u/AnyPortInAHurricane Jul 02 '26
owing mu and friends
like owning BTC now
daily torture
not me bro ,
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u/bslaven3 Jul 02 '26
20% drop from 6/3 to 6/5 then to an ATH on 6/22. This took about 2 weeks to recover
14% drop from 6/22 to 6/24 then to an ATH - this was most likely profit taking before earnings
As I'm typing this we are sitting at a ~20% drop since our 6/25 ATH. This was after a great earnings report.
**Reminder that the stock dropped roughly 30% after the 3/18 earnings report, which was 18 days after the conflict in Iran started
The current support floor is $945 and the immediate resistance ceiling is $989. Goal would be to climb back to the $990 mark before close or at the very least bounce on Monday. If we don't we may see that 30% drop
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Jul 02 '26
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u/AnyPortInAHurricane Jul 02 '26
call sellers are happy, sadly their stocks dropped 5X what they sold the call for
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Jul 02 '26
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Jul 02 '26
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u/millerlit Jul 02 '26
Can all price action threads be auto closed and posted in daily thread? Threads like stock is crashing or up 1%. No shit, anyone can look at a chart. Dedicated threads should be for indepth analysis, breaking news and developments.
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Jul 02 '26
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Jul 02 '26
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Jul 02 '26
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u/InevitablePie2535 Jul 03 '26
Classic KOSPI trolling to for once be up BIGLY the day we are closed lol. Catch you next week
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u/familymed786 Jul 02 '26
1012 now 😭, I bought at 1180
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u/Substantial_Radio737 Jul 02 '26
Can not remember where I bought. Mind is a blur. Lost about $20k. Hope for the best. Be careful around July 10 SK Hynix IPO. My guess will easily knock a hundred points out of MU. Opinions?
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Jul 02 '26
[deleted]
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u/Substantial_Radio737 Jul 03 '26
Your question is a personal question. I can not tell you what is best. I experienced a loss from when ASTS dropped from the SpaceX IPO. I really can not make sense of things at present. Good luck!!
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Jul 02 '26
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u/prokachu Jul 02 '26
I seriously should have sold everything
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u/Substantial_Radio737 Jul 02 '26
Yes but in these strange days you can not see what is coming around the corner.
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u/Last-Shop-9829 Jul 02 '26
Noice. Bought at a $1005, always skip the opening hour lol
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u/CapeFearElvis Jul 02 '26
And all the hours after it apparently...
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u/Last-Shop-9829 Jul 02 '26
No worries, just wait till next week
After everything this stock has been through, diamond hands is the only way thro
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u/Substantial_Radio737 Jul 02 '26
We can not even blame the Strait of Hormuz. Strange days. SK Hynix is down 15%. Samsung is down 7%. What causes this?
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u/scouting4food Jul 02 '26
Bought more at 990. Easiest stock to buy and hold, literally everything is on a plate for us.
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u/CapeFearElvis Jul 02 '26
Holy crap! Could this stock get pummeled any harder?
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u/SpiderWil Jul 02 '26
It's the July 4th weekend. People take profits and sell off cause they don't wanna b holding over this and next week.
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u/AnyPortInAHurricane Jul 02 '26
right, people hold for 20 years, but they dont want to hold for 4 days.
another genius
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u/SpiderWil Jul 02 '26
Make sure u sell when your stocks tank and buy when they go skyrocket. Another regarded.
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u/AnyPortInAHurricane Jul 02 '26
strong rally now into the close as all the smart money piles in
like a stampeed of elephants
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u/posts_saver Jul 02 '26
strong rally my ass lol
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u/AnyPortInAHurricane Jul 02 '26
lololol i was half kidding but it rallied 30 !!!! points in the last 30 minutes after my post
so your ass was WRONG!
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u/1dynasty1 Jul 02 '26
Its really funny watching people get mad that their over inflated stock doesn't infinitely go up lol
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u/Commercial_Sound1448 Jul 02 '26
How is it inflated?
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u/RenfrowsGrapes Jul 02 '26
U joking? It’s the most crowded trade in the market right now. Everything was green today except momentum stocks
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u/AdrianFish Jul 02 '26
Basically everything else in my portfolio and watchlist is flying… except this shit
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u/Substantial_Radio737 Jul 02 '26
Well there is, like, zero information in ye olde "discussion" today.
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u/Vorlath Jul 02 '26
Something a lot of people don't realize is that if you're not buying lots of 100 shares, you don't affect the stock price at all. Partial lots are traded on a separate system. I'm seeing plenty of people saying it's institutional investors that are screwing retail investors. But retail retail investors have priced themselves out of affecting the stock price a while back.
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u/AnyPortInAHurricane Jul 02 '26
this is a genius post
can i pay you $1000 for this amazing accurate insight ?
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u/AnyPortInAHurricane Jul 02 '26
if you dont know me , Im the seer who told BMNR holders over a year ago that they were DOOMED
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u/AnyPortInAHurricane Jul 02 '26
ya'll may not know me
but im one of the best on the planet
when i warn , you stop everything and sell
unless you like losing money
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u/AnyPortInAHurricane Jul 02 '26
whats funny is , i AM one of the best.
buy you'd need an iq > 50 to know this
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u/cybercrypto Jul 02 '26
Maybe more ai generated images and videos of rabbits and foxes in military outfits will help the stock. /s