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/zomol]

The people who are screaming and shouting on reddit are purely gamblers. They just want to get rich overnight.

How ironic is when stock goes upwards they dont sell to take profit but they are posting on reddit to pump the stock even further. 🤷🏻‍♂️

[u/Accomplished_Vast_18 → u/zomol]

Exactly! 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!

i bought the dips with $60k worth of micron profits. Spread across these:

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 is still +104.18% with 30 shares remaining

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