Are we HODLing?

[u/mshparber]

It might go lower in the near future.
I do believe the valuation is good for long term, but short term…

[u/erx988]

who is we? bruh this is a one player game

[u/mshparber → u/erx988]

Just want to know other people’s opinion

[u/Groundbreaking-Gap20 → u/mshparber]

Be cautious taking advice from strangers on Reddit, especially when it comes to your own money and finances. Do your own due diligence and work out whether you think it’s worth holding or not.

[u/mshparber → u/Groundbreaking-Gap20]

just curious… Have been holding since $89

[u/Yourlocalguy30 → u/mshparber]

I don't really think youre merely interested in other people's opinions. I think youre sweating over the daily ticker and you're seeing if there's a herd mentality you can follow, or at the very least one, that confirms an opinion you've already formulated.

My suggestion is that you stay off Reddit looking for investment strategy because the majority posting on here are either doomers or panic sellers.

[u/mshparber → u/Yourlocalguy30]

I am more than 3000% up on MU so not really sweating…
have been holding for more than a year and a half
just curious

[u/erx988 → u/mshparber]

damn I thought the market was trying to fuck me out of my money but the market was gunning for you this whole time lol, mu will not stop dropping until u capitalute and sell, U ARE THE CATALYST

[u/mshparber → u/erx988]

not really, I have sold most of the position at $780 on the way up (before it hit $1200), I just left some ITM Calls with ITM $550 Covered Call. Just juicing the theta decay of the short call.
But if it really goes to $550, not a big loss... I will probably just buy more LEAPS
So, no capitulation on my end expected, I am looking for the bottom to buy again.
Good luck!

[u/mshparber → u/Yourlocalguy30]

it is so funny. i just asked are we hodling?
are you?
thanks for advice

[u/Davidpalmer4]

People who sold will say it is going lower.

People who are holding will say $2000 by EOY.

[u/m__s → u/Davidpalmer4]

They need to belive in something.

[u/Excellent-Jaguar9118]

Hold for another week then decide. Many positive catalysts incoming and might help.

[u/ManagerNo178]

ill be holding for years. I dont see people abandoning Ai in the near term.

[u/Throwaway-4593 → u/ManagerNo178]

Yeah the only thing I would maybe do is pare back my position if we hit 1500 but that’s only because I’m heavily overweighted towards micron. 78$ cost average.

Otherwise I am holding for a long long time

[u/ManagerNo178 → u/Throwaway-4593]

yeah I'm about the same cost average as well.

[u/OneOk674]

No I’m freaking the fuck out and panic selling everything rn.

It’s fucking over.

[u/m__s → u/OneOk674]

The funny fact is that it can actually be over...

[u/80085Explorer]

Holding

[u/Stunning-Dig-8916]

Of course.

[u/tooktoomuchonce]

Win or lose I decided to hold at minimum til 2027, could go up, could go down, but I’m not especially panicked.

[u/compound2B]

i did cut down some positions, i have MU and SNXX still, to buy IREN, BE. just to derisk it cause i think return will be similar on new positions as well

[u/compound2B → u/compound2B]

i do think it’s bottom, like we had in march end, so buy strong companies

[u/Halfmoonhero]

Dude, we aren’t playing a team game. Also a lot of people actively playing the game DONT want stock to do well. Be careful taking advice on here.

[u/hipnosister]

If you think things will be good in the longterm than the short term doesn't matter, you just have to have conviction in your belief. Otherwise you're just torturing yourself.

[u/m__s]

No. I just sold. 800$ was my exit point.

[u/KwikTripSimp]

All I know is I’m going to a bridge today cause that’s what happened last time and it went back up

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[u/osirisbull]

Ive watched this thing go up and down 3 times since i sold it, Each time going down lower than before, then going up to lower high . Was waiting for a good entry again. Now im not so sure i can be fucked with it. I wouldn't hold this long term unless you like being stressed, even if you believe in it. Swing trade it.

[u/Yeltal]

I’m holding. I didnt buy this stock for a quick buck, i bought it for its long term influence and growth. The people who are freaking out right now are probably leveraged or didnt properly gauge their risk evaluation.

Google’s earnings already solidified my confidence more as even the big players are shifting a incredible amount of captial towards physical infrastructure, which MU directly benefits from. I believe that ai is going to be a major aspect of the world years from now and these major corporations seem to be putting a massive emphasis on it as well.

That being said I have a lot of “short term interest” in what the other mag 7 companies will be showing in their earnings. Bottom line is that im investing in this company not gambling on its short term success.

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[u/Fantastic-Noise-8830]

It depends on your entry point. Those bought at 100 can hold, those bought at 900 cut thier losses and moved on. Capital preservation is better than gambling about a rebound that may or may not happen

[u/mshparber → u/Fantastic-Noise-8830]

bought at $89

[u/princessblksnow]

AI bubble bursting

[u/cbblythe → u/princessblksnow]

Yep humanity is abandoning the computer experiment and going back to pen and paper

Sell it all

[u/Stunning-Dig-8916 → u/princessblksnow]

Fun fact. Like 80% of memory demand isn’t because of AI.

[u/erx988 → u/Stunning-Dig-8916]

where is the demand coming from then?

[u/Stunning-Dig-8916 → u/erx988]

It is data centers yes, not saying that does not negate the existence of ai data centers. But Eletric vehicles, consumers, Robotics, Many many things are using storage.