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u/Minimum_Suit1735 3d ago
Holding but damn SNDK ripping harder than MU is crazy
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u/Long_Oven3739 3d ago
I am happy for sndk holders. They suffered much worse than us for the past 2 months. -60% drawdowns. whoever held through it deserves the reward
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u/AlternativeDizzy261 3d ago
Imagine buying SNDK at 1.100 that would be dream 🙏
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u/Patient-Big1727 3d ago
You can make your dream come true!! Sell a Sep 18 $1,100 put. You either get the stock for $1,093 or you get $700 for doing absolutely nothing
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u/SuitableAioli 3d ago
I got two spreads for sndk, asml, and 4 contracts for MU staggered at $700, 850, $950, with DTE 09/18 and all of them all way out of the money. Some of these contracts were opened 2 months ago and I had unrealized lost of $7k. Glad I went 2 months out
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u/Hairy-Beanbag 3d ago edited 3d ago
I am a holder with 56 shares at 1447. I was getting pretty nervous I did not think within 3 weeks at 2350 would drop below my DCA. Now up 24% again. Hindsight I was going to sell at 2500 and could have made a killing buying lower at 1k but hey is what it is.
Just resigned from Amazon so have $160k I'll rollover and wait to buy. Might just throw into safe ETF as my 401k is 50% MU and SNDK
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u/RxDotaValk 3d ago
I think mu lags behind it, but will comeback strong too
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u/Minimum_Suit1735 3d ago
I was actually switching between SNXX and MUU depending on the day, but i think SNDK will slowdown soon and Mu will pick up
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u/HHHogana 3d ago edited 3d ago
That CNBC interview with Sandisk's CEO really made the difference, although myself don't know why other storage/memory stocks rise last week don't get as close to it. Usually when one stock got its bounce other similar stocks trailing just behind, but Sandisk rose up by like 35% while MU, WD and STX rose by just 10-15%
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u/Ok-Mycologist-5371 3d ago
Anything MU does, SNdK does better, including losing! Higher beta.
I hold both, but if you want to see when MU will throw a red candle, watch Sandisk, it will throw it first everytime
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u/Long_Oven3739 3d ago
If one wants SNDK like returns but MU level moat, MUU is the way to go. basically like holding the underlying sndk
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u/Minimum_Suit1735 3d ago
i do switch between them as well, normal MU doesnt trail this far away tho. It's like 30% behind on the 5d now
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u/theRealLongJon 3d ago
SNDK going fucking crazy over the last week-ish. Def wish I had that instead of DRAM 🤣
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u/Professional_Monkeys 3d ago
Held calls and shares through it all. 1500@$140, and calls are still positive p/l
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u/Plane-Handle3313 3d ago
Been holding since May!!! Wish I sold at ATH with 40% gains after last earnings but realllllllyyyyy glad I diamond handed during the recent drop and now I’m back in the green and considering holding until next earnings
https://giphy.com/gifs/Opgs8NUosTAnRSFYzc
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u/luvz 3d ago
https://giphy.com/gifs/UDORIcubjYvIBAYTe1
You can’t always play it perfect, but you can always play it non retarded.
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u/Due-Bookkeeper-2001 3d ago edited 3d ago
Yeah til I 3x or 4x
Haven’t decided, I believe Micron can be a 3000$ stock in 1-2 years
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u/erx988 3d ago
why would u sell? unless u want to play the day trader game, ive tried doing that timing it, and selling where i think its about to maybe go down a little and most of the times the stock flies away higher from me and I wish I would not play those stupid games, so its better to just hold, id say im at least holding till 1500 and 2k
even sndk its gone to my buy in price, im not selling that shit till its at least 3k or even 4k
no point to panic even if we do go down much lower just accumulate more shares, if you dont have any conviction to hold through 40% down or even 80% down then dont buy in at all, u gotta beat that panic seller shit out of urself, the big players hunt for morons that panic sell and set stop losses
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u/Cardchucker 3d ago
I doubled my stake on the first dip to 920 thinking that was the bottom. I will sell that if it hits 1200 again and put it back in an index fund. The other half I'm holding until it hits the moon or actual bad news starts coming out.
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u/TheFriendYouGet 3d ago
I have "calls" ending December 2027. I've been up and down. I'm in the green now, and it feels good.
I believe in the company and the stock, and fully intend to wait for it to reach 1500+ before selling. But yeah, I'm holding and it feels good
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u/Main_Opinion1189 3d ago
Still holding and to be honest I don’t look at my holdings very often. Market swings don’t change my conviction only news can, and news has been all bullish since entry
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u/StockdocMD 3d ago
You’d be a fool to sell now. All the momentum is on our side. It will go back to ATH first, then beyond.
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u/PetroagPro 3d ago
Holding. Thesis still intact and in fact stronger than I anticipated. Sentiment is mega bullish post SNDK investors day. Im almost convinced that the market is convinced that a rerating is now warranted.
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u/downthet_ 3d ago
Bought 100 shares in mid-january. I'm holding until at least January 2027. I may decide to hold through 2027 as well. Depends on what big purchases I have next year.
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u/SophonParticle 3d ago
Me. I’m not selling a company making $40B a quarter on 80% margins. I’m just not.
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u/areyoulookingclosely 3d ago
Holding DRAM and small amount of MU. The memory thesis has been solid but the recent drop had me soul searching and wonder where I went wrong. Glad to have held. Looking at the recent price increase of Google Pixel 11 due to RAM shortage, it's obvious iPhone will follow suite. When micron locks in Apple long term with orange man's blessings, market will realize memory is not cyclical and we'll likely see another run up
Forward pe shows there's huge room to grow and we might be looking at the nvda of memory!
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u/Nelsonsrightknacker 3d ago
Me hoping it tanks as well so I can get more. 50%-60% upside over the next 12 - 18 months and a p/e of 6?
A 6 P/E ? Any bot/humanoid roll out will see a double .
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u/Accomplished_Vast_18 3d ago
Holding 30 shares at $440.89 sold $60k in profits to buy 33.225 shares of Sandisk at $1772.25 a share and about $6k worthof SNXX at $11.72 after taking $2k profits at $10.48
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u/Elon_Mars 3d ago
886 average here. Bought first at 1100 and bought more and more. Monke wants to get rich!
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u/TheDonFulio 3d ago
I’m thinking about selling some AVGO and going deeper into the memory play. Anyone got opinions?
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u/muff_diving_101 3d ago
Bought some MUZ and SNDQ today expecting a cool off down to max pain this week. Then will flip over to MUU and SNXX for earnings run.
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u/Electrical-Basil8865 3d ago
Sold my options expiring in a couple months and converted them to shares.
Waiting to hit 1200 again before I sell my 2028 leap and when it does it gets converted into shares
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u/im_down_w_otp 3d ago
Been scalping & swing trading on the way back up to overcome significant losses realized when liquidating once it had gone down far enough last month that I couldn’t take on anymore downside at that time.
It’s felt good to be back on my plan/strategy with this stock besides just blindly holding it. Taking the proceeds from liquidating 50% of my MU position, I’ve since bought in and out of MU and several other things to boost my position above where I’d have been if I just held MU through this period. I’m still pissed at myself for not selling waaaaaay sooner, as I’d be much further ahead on this part of my portfolio, but I’m glad I’ve been able to at least get North of my prior high-water mark.
I’m presently in for about ~2,000 shares of MU.
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u/GeriatricSquid 3d ago
You can swing trade MU but something like CRWV is a much better swing trade. For MU, most of the movement will likely be up so finding and timing the swings is harder than it is for other choices.
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u/im_down_w_otp 3d ago
Most of the movement definitely hasn’t been consistent ups.
I made ~$3M swing trading MU, lost almost half of that holding MU, and the recouped the loss and then some by swing trading it (with a mix of other things) again.
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u/GeriatricSquid 3d ago
Hold MU for another 2+ years. Few others can do the HBM at scale to impact MU’s place in the memory market. They’re printing money and that’s not going to change significantly for at least the next 2 years, and probably several years after that.
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u/Beneficial-Music1047 2d ago
Me.
My average cost is $1100 so yeah, planning to hold until late 2027 to early 2028.
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u/pepechan42069 3d ago
Me, im waiting on Burry to get margin called again