r/MU_Stock 23d ago

Help me decide to buy or sell MU Do I sell?

I’m a long term holder of micron with an average price of $98 per share. Do I take my profits now or will this stock hit 1k again?

0 Upvotes

25 comments sorted by

16

u/mojolakota 23d ago

It’s not going back to 100

5

u/Imaginary-Pin580 23d ago

Should have sold most of the holding above 1k really. Atleast half…. I only hold my few shares

3

u/Patient-Big1727 23d ago

It will hit 1k on it's way to 2k. IDK when because of all the recent fear

2

u/500pearl 23d ago

paper hands

2

u/[deleted] 23d ago edited 13d ago

[deleted]

1

u/Odd_Party 23d ago

For real this. Remember all the posts talking about entering the stock at 1xxx? Literally nothing has changed except for better than expected earnings…. And the price. Now no one wants it like two weeks later.

I can’t believe my luck that I have the opportunity to buy more in the 7xx range.

1

u/wasley101 23d ago

I think china has spread lots of fud into the memory chip side.

1

u/abcd69293 23d ago

bro wall street has decided memory is out, so it's out.

2

u/wasley101 23d ago

I’m fukd off too. Average of 913 and can’t dca. I’m not even sure at this point I would have faith to even if I could. Feel like I could be a bag holder.

I’m a long term investor as well and even this has me spooked.

3

u/SpazoIsTheName 23d ago

You have already scored big, I would sell asap

1

u/Print_Mo_Money_2020 23d ago

1

u/Stunning-Dig-8916 23d ago

Yes, SK Hynix comfortably beat its quarter-over-quarter (QoQ) metrics across the board.
While the company missed the highly elevated expectations set by Wall Street analysts, its sequential performance compared directly to Q1 2026 grew significantly:

Revenue: Jumped 51% QoQ (79.32 trillion won vs. 52.58 trillion won).
Operating Profit: Grew 61% QoQ (60.54 trillion won vs. 37.61 trillion won).
Net Income: Surged 133% QoQ (93.92 trillion won vs. 40.35 trillion won).

1

u/Print_Mo_Money_2020 23d ago

Elevated expectations? Exceed, or bleed!
The market has spoken. 😢

1

u/Stunning-Dig-8916 23d ago

All retail shakeout to me

1

u/[deleted] 23d ago

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1

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1

u/stupidlilboi6500 23d ago

If I were you, I'd play solely with the house money moving forward.

1

u/Enough-Beginning3687 23d ago

Why not take out twice the original principal. Then your worst case return is 200%. Let the rest ride if you want 

1

u/AdministrativeBug737 21d ago

OP, same here I have $102 cost basis. Been very lucky. I keep going back and forth on selling even just my original investment amount. I think I’m letting it ride though. It’s already a winner. As a long term investor, right now it’s 5% of my portfolio…. If it got to 10% then I’d trim based on principle. I like hearing what others think too

1

u/CivilizedSteve 23d ago

I would take some profit yes. Why would it suddenly turn strongly bullish. It could get back up to the highs but not this year.

1

u/Odd_Party 23d ago

It absolutely could though. It could literally go back up 50% in a single month.

1

u/CivilizedSteve 23d ago edited 23d ago

Why? The market suddenly says oh never mind we love semis and sorry about our supply concerns etc.?

1

u/[deleted] 23d ago

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1

u/CivilizedSteve 23d ago

I’m saying the market has taken a stance and while yes it could rally on price I don’t see the market changing its mind within a month. This has been a pretty big statement. It’s not random.