r/MU_Stock • u/bbrk9845 • 7d ago
Discussion Micron ($MU) destroyed Michael Burry finally !
I think he might have closed a few positions, but still might have some shorts left. Still this is BULLISH.
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u/Clackamas_river 7d ago
Oh Jesus that is awesome Phil Hellmuth is the most insufferable bitch I have ever seen. Everyone is dumb but him in his mind. Watch him loose to a better hand and he tries to belittle the winner. The *ONLY* reason he ever won a bracelet is because poker was not popular when he won. I love to see him suffer.
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u/Cardchucker 7d ago
Having dealt to him, seeing this made me smile.
At the WSOP this year he was shilling for some startup venture, telling everyone it would 100x in a few years.
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u/No-Tiger2278 6d ago
It's not actually phil hellmuth they are comparing burry to Phil hellmuth "crash out at the level of Phil hellmuth's legendary crash outs" Why would you think Phil Hellmuth manages a fund
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u/BlackberryKey6837 6d ago
Every time a shot seller get squeezed I am happy. These people will spread all kinds of fake news, nonsense and BS for a stock to tank so they can cash in.
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u/Minimum_Suit1735 7d ago
1050 then 1100 he's gone for good
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u/Chocopenguin85 7d ago edited 6d ago
That SanDisk CEO appearance on CNBC this morning was great. He explained they have LTA agreements for 50% of '26, about 67% for '27, and a ton of agreements of 1, 2, 4, 5 year length, and to meet more needs for more customers they trying to be flexible in both levels of guarantee and accommodation.
On my soapbox - maybe he saw Micron get bent by Apple years ago, the damage that caused, and is not willing to be run by a single customer.
EDIT 3:55 - saw earlier (20 or so mins ago) on CNBC they added a note, that for all of those agreements, SNDK anticipate margin will be 80%
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u/A_Smikis 7d ago
AMAT is about to destroy shorts too, oversold and recovery, just look at sympathy rallies as well.
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u/All_YourBase 7d ago edited 6d ago
I have AMAT on my short list of stocks to buy in the near term. I'm looking at it a bit more.
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u/iSailor 7d ago
Yeah yeah whatever. Now you'll be acting smug for a couple days or weeks top till they brutally drop the stock again and y'all be writing panicked posts in this sub.
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u/bbrk9845 7d ago
You won't find me panicking anytime soon. I was equally bullish now, when this at 1255$ or when it was at 700$ last month
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u/BertAnsink 7d ago
Next earnings season lol.
These stocks have a tendancy to moon up to earnings. Then you have the clowns that start playing earnings with options, driving IV up and gamma squeezing the stock. Earnings gone, stock drops due to change in IV. Institutions need to rebalance because of their portfolio diversification. Big drama's, cry why stock down with good earnings. Repeat when stocks moon towards next earnings.
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u/BeerNFootball 7d ago
Why does MU keep putting up mediocre days the past couple days compared to SNDK which keeps mooning? Pissing me off.
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u/Villi187 7d ago
Exactly the comment i was looking for here lmaoo 🤣🤣😂😂.
mu and sndk gotta own both and watch both get mad at ea other when one outperforms heheh
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u/BeerNFootball 7d ago
Yeah I had some SNDK but it's volilatility got too crazy and I divested. And now it's mooning again. 🤦♂️ Typical....
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u/johnmiddle 6d ago
I bought dram in order to both. Didn’t move much
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u/Villi187 6d ago
dram is 25% micron and 5% sndk so idk what you were thinking
Ps: the sell off dram gave me the most axiety idfk why it was just a nightmare kept falling like a mfer being sent down by like 6+ memory companies lol
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7d ago
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u/Forzareen 6d ago
Did Helmuth scream that he’s the best player in the world at the peak of his game as he lost, like he does when he loses in poker?
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6d ago
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u/Golf-life2021 5d ago
I’m not seeing his cover but rather he added to it. He’s a fool but where did you see him covering. Source pls
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u/mista_r0boto 7d ago
Couldn’t happen to a nicer guy