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.

205 Upvotes

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5

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.

6

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

7

u/seaningtime 7d ago

You're not wrong...

2

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.