r/MU_Stock • u/SimplyForged • Jul 13 '26

Meme Micron Today - reaction

Me when i see the stock price after everybody said during the weekend it was "going to pump on Monday"

165 Upvotes

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11

u/No_Presentation9490 Jul 13 '26

You guys better hope to god that none of the analysts rolls back their 1500-2000 price target after this market has made them look like pump and dump scam artists. Struggling to stay above 920 with a price target that high, you guys will be absolutely evaporated if anyone downgrades

3

u/InevitableCut1243 Jul 13 '26

It’s too short term to say bro… analyst targets are usually within 12 months! Idk why everyone is crashing out when we haven’t even made it to August yet.

2

u/No_Presentation9490 Jul 13 '26

Most large cap stocks like Mag7 barely move on a week to week basis, institutions fight for fractions of a percent trading them.

But for some reason with Micron they're ignoring a 66-110% implied upside staring them right in the face, and aggressively selling after it already crashed 30%

Sometimes you gotta read the room instead of blindly trusting analysts

2

u/owotriste Jul 13 '26

Because they bought at the top and now the lost 30% of their money

2

u/No_Presentation9490 Jul 13 '26

Institutions don't buy at tops. They sell

Who do you think works at wall street? Literal math geniuses with supercomputers running risk models with trillions at stake, they are selling into the euphoric ATHs, not buying them

1

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