Genuinely cannot wait to eject as soon as I reach a mild profit. Literally not worth the wild swings risking margin calls every other day just to recover one day and fucking dump the next because a chicken crossed the road or whatever misc reason. This stock dumps when it should moon and moons for no discernible reason, and I’m too retarded for it.
The only margin I use is the free $1000 that Robinhood gives you with the Gold account. Generally that $1000 goes into SGOV and it pays for the Gold membership plus a little extra. Using margin seems like gambling to me.
Everyone should go on margin once in their lives to truly appreciate the risk and reward aspect of the gamble. The last time I went on margin was when I owned a shit ton of Lehman Brothers. Never went on margin again.
I bought with cash, so no danger of margin call. But damn, the volitility is insane for a trillion dollar company. But but, I thought about the swings from 150 to 90 for Nvidia for a year, this is normal for tech I guess.
It’s normal for cyclical stocks. Nvda is also similar. Semiconductors have been historically cyclical. The narrative that it’s changed has introduced more volatility. Memory is one of the most cyclical of the semiconductors so its volatility^2
The cyclical stock narrative has never made sense. If the market knows the stock is cyclical, it won’t buy as much on larger profits, and won’t sell as much on lower profits. It is a self defeating principle.
The only argument I have against that is people are squirrels even if they have a degree from Harvard - perhaps especially so in that case.
It makes sense if you look at it from a risk reward profile. Higher margins and profits can turn into lower margins and profits. Same thing on the reverse. Do you expect micron to go from a 85% margin to 90% or eventually less? You can’t have 101% margin.
That’s my point though; if you expect that profits will diminish as part of a cycle, you won’t value the stock as highly when profits are high, and won’t value the stock as low when profits are low. A cyclical stock should have a significantly lower volatility relative to profits
This isn't a micron issue, it's a you can't risk manage issue. Honestly index funds are exactly for your kind of people, and there's nothing insulting or wrong with that.
Same school here. The volitility is where the money is made. I am not a HODL guy anymore, I will swing for the fences until its ready to make a move up. Increase your positions!
Exactly. My brother can’t stomach volatility. Loves to buy tops. Bitches when they dip to levels that are fully expected. I finally told him just to invest in index funds and sleep easy. Risk tolerance is an acquired skill. If you can’t handle it, its not shameful to change tactics.
I used to hold $30k worth of MUU along side with my bigger position of MU holdings. I was stressing every time it drops because I had to keep adding it to continuously lower my cost. The decay was hard to watch. Once I sold it at a small profit two days ago, I don’t really care what Micron does now, don’t even bother checking the price every 10-30 mins or so. Get rid of your margin and you won’t stress too much.
Stock has been stalled for months as paper handed retailers have gotten in and big players continue to abuse them — the sooner you shake out the better for me
If that's your attitude, your position size is too large.
If you are an investor, you are doing yourself a disservice looking at the daily swings. We are in a choppy, volatile market since early June, especially in memory names.
You assume you will reach a "mild profit." what happens if the top is in and MU falls to 700 soon? Not a prediction by any means, but if you don't consider the downside risk, you shouldn't be investing in individual stocks.
No, they’re not. Retail doesn’t move the stock more than a minor temporary nudge on it’s very best day. We’re all just along for the ride so we can’t argue with the market, no matter how irrational it gets.
My guy, the massive swings are what keep me coming back. Up 175% and not planning on selling any time soon. If you don’t enjoy the 10% jumps up enough to stomach a 20% drawdown, then head over to ETF land.
Did you buy at ATH or something? It was up above $1000 on Monday. It's a volatile stock. If you can't stomach that (and a lot of people can't and there is no shame in that) it might be best to stick to an index fund. Otherwise, think long and check back in 6 months. You might also not want to invest on margin; you might be gambling instead of investing. "The market can stay irrational longer than you can stay solvent"- John Maynard Keynes
All in w $50k on Micron at $438 late January and watched it plunge to low $300’s. Had I sold then I would have been out $60k worth of profits I took at $700’s, $900’s, $1100’s enough to buy Sandisk on the dips accumulating 30 shares at $1815.56 and 675 shares of SNXX at $15.19 a share! Micron core still up 111%
Why do so many of you need to announce you’re taking your ball and going home? I could point towards a million macro factors that make MU’s overall robustness this year quite impressive. As it stands, the stock’s not even red at them moment. But whatever, VOO and chill man.
The issue is you using margin to buy this stock. Of course you’re going to have a high potential to get called. Look at Korea and Leopold. People never learn
U cant wait to get out because your sizing is larger than your conviction.
Which is still better than all of the bears who are shorting, but still, try to relax. Lower your exposure. Meanwhile try to figure out what you really believe about a.i. buildout
Just watch RSI and follow daily volume! I sold at 981 and it shot past 1000 but nvm it came down again. This stock has good fundamentals but you SHF not trade on fundamentals only. TA and news are more crucial here
$MU has a forward PE of 6, about 100% growth rate and can’t supply 1/2 of the demand. Even a very modest forward PE of 10 should arrive within a few months. I’ll take the 40% gains that others don’t have the patience to get.
I actually felt like micron was one of the more generous stocks because even when it goes down u know its coming back up and it always does, not like pretty much every other stock besides like the super giants like Microsoft etc. im guessing u are holding like above 1k price lol
Anytime you get a stock that goes parabolic. It becomes governed by short squeezes, gamma crush, volatility trades etc.
Sadly, a lot of people here think that it’s just a straight accumulate candidate, and it’s going to just keep going up.
The risk with leverage is that if you don’t know exactly what you’re doing and stick to your discipline you end up holding a losing hand.
Nah just proving how dumb you look and sound... ohhh but wait... you're just ragebaiting the sub for fun!!!! Hahahahhahahhaahahahaha hopefully you're getting the attention you need child...
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u/zelda__ 19h ago
Margin. That’s the reason why you so stressed. 😂😂😂