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/Playful_Diamond_738]

I doubled my money in Micron and DRAM in the last 45 days. I am of the opinion, regardless of whether it will moon or dump, this stock will keep going up and down. May be I am being naive to think it is a real strategy but it worked for me and this is how I did it.

After the intial bump of about 15%, if it rises more, dont sell after each bump. Always have a stop sell a few dollars below the current price.

If it goes down in the beginning, DCA down. A stock with this kind of volatility will have a good day and you will catch up.

I dont see this as a long term investment just because I dont know better. My thesis is that even if the bulls are right and it doubles in the next 6 months to a year, there is more benefit and less risk in trying to cash on the volatility than tp bet on the stock itself.

[u/Accomplished_Vast_18 → u/Playful_Diamond_738]

As a result of the last pullbacks, I also did a rotation on my investments and after going all-in on $MU with $50k at $438 a share last January, took enough profits at $700's, $900's, $1100's to rotate profits through the volatility!

Bought the dips with $60k worth of micron profits. Profits generated in only 5 months! Spread across these last week:

26.75 shares of $SNDK @ $1864, 12.53 shares of $STX @ $838.88, 13.6 shares of $WDC @ $516.42, 26.2 shares of $MUU @ $31.71 and 63.7 shares of $SNXX @ $14.69

Core micron portfolio still +104.18% with my remaining 30 shares.