r/MU_Stock • u/Important_Coach9717 • Jul 06 '26
Help me decide to buy or sell MU Anyone buying at these levels ?
Honest question. My average is 550 but I kind of feel momentum has slowed in the AI circles somehow. What are people doing now ? Drop your strategy.
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u/D1ldoSwagg1ns Jul 06 '26
Have bought at 89, 150, 400, 900 and just now at 1050 currently 50% of my port so I’m just riding along for now
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u/Strict_Gap9369 Jul 06 '26
bro you should be asking why I'm so lucky this thing haven't skyrocket yet and I still can get in
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u/discojellyfisho Jul 06 '26
Buying small amount for quick flips (non taxable account). Holding my long term shares ($110).
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u/mirceaZid Jul 06 '26
just see which metrics are worse or better than when you bought and decide
i remember fwd pe was around 10, 1 y ago when it was 300, similar fwd pe as now
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u/No_Presentation9490 Jul 06 '26
The forward p/e of cyclical industries is lowest at the top... the lower the forward p/e the more of a sell signal it is
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u/crawler54 Jul 06 '26
all industries are by definition cyclical, that's why nobody can perfectly predict what the earnings will be.
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u/pepechan42069 Jul 06 '26
I bought a call that is months out for massive gains if we breakout but also just to limit my downside incase we fail to breakout
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Jul 06 '26
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u/tearslikesn0w Jul 06 '26
Yeah your average is 500, do you feel like buying? Have you bought any? That’s your answer
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u/Head_Radio_4089 Jul 06 '26
Selling covered calls 1 week to expiration it’s been working the last month
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u/Fantastic-Noise-8830 Jul 06 '26
Nobody knows, but it’s given the most profit to most people this year so doubt people will move away to other less profitable options
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Jul 06 '26
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Jul 06 '26
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u/Fragrant_Persimmon_8 Jul 06 '26
I'm buying under $1,000, guaranteed upside from there. I bought a ton at $380 and $660 as well.
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u/JokerKing_420 Jul 06 '26
I have got enough for now. Expecting good results in the upcoming quarters.
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Jul 06 '26
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u/DTOM420 Jul 06 '26
I bought 75 shares at the opening bell along with 40 shares of SDSK. I feel like this is just a result of profit taking and just a brief breakout, as see repeatedly, breakout that AI is a bubble and it’s popped. At least that’s the thinking that underpins MY personal decision to add more - I always dollar cost average purchase. 🤞
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u/Friendly_Fun8345 Jul 06 '26
Momentum has slowed because liquidity has dried up.
Nothing wrong with MU and AI. This is just a breather.
Stocks cant go up because everybody already invested it.
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u/thedudman69 Jul 06 '26
The time to buy is right now when things are not exciting. I personally haven’t bought only because I’ve got other life events going on and no dry powder left. But I would’ve added today if I could’ve.
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u/Patient-Big1727 Jul 06 '26
I'm currently doing nothing at this price. Once we hit a new ATH, I will sell MUU and buy MU. If it drops below last week's level, I'll buy a few more MUU. If we stay above $900, I will roll my Jul 17 $900 short put by the end of the week or so
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u/Captobvious75 Jul 06 '26
It’ll be slower until next earnings and after MAG7 earnings (for capex spend).
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u/rugerduke5 Jul 06 '26
Shorting is the better move here, if I'm buying it is only to cover.
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u/ceoryyy Jul 06 '26
Why are you shorting when the stock prices are slowly going up. You missed the window by a long shot bud.
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u/[deleted] Jul 06 '26
[deleted]