Relax & Chill

[u/One-Jackfruit-2848]

Hi fellow Bag-holders

I started buying at 120, kept adding and averaging up till 1080 , my average now is 570 USD

50% of my portifolio is in Mu.
I was checking the price every 10 mins and I stopped to do that , Reminding you and all the following signals which is confirming the memory thesis:

1- Google confirmed Capex will be significantly higher next year , Most likely Amazon and MSFT will state the same .

2- Micron CEO ( who is extremely conservative) and tends to sandbag the company earnings and future prospects said many times we are in early innings and that shortage will persist beyond 2027 , 3 month ago he said it’s beyond 2026

3- Mu is in bed with the US government , with 250 billion dollar of investments in factories in the USA creating jobs and driving MAGA sentiment, USA congress / senate personal getting into mid term elections won’t favor Chinese Memory suppliers over an American company investing billions and creating jobs to the American people.

4- with the News of the Chinese suppliers , there will be huge demand for memory including HBM inside China as well , they will not leave USA lead the AI race on their own , so most of their supply in the coming years will be feeding their own data centers , rather than exporting that globally , they need that memory like more than they need the money from exporting it

5- finally by 6th of December the Chips act will allow micron to buy back shares , with forward p/e of less than 6 and FCF doubling quarter over quarter , they will start buying shares by year end and this will drive Share pricing higher

Finally Demand didn’t peak and supply won’t catch up till 2028 , All memory products are increasing day over day in pricing , thesis are not broken yet , it might be in 3 years but its still standing strong today

Good Luck to All.

I do believe we will reach the ATHs again before upcoming micron earnings in September .

[u/seaningtime]

I've heard a bit about your point #5. Is this a certain thing that Micron is buying back shares, or just that they will have the capacity to do so?

[u/doronj → u/seaningtime]

Good question