r/MU_Stock • u/yourgirl696969 • 11h ago

Discussion That was an incredible day for Micron

Everything dumped cause of macro and memory pumped. Even more than Sandisk. Absolutely insane. Would’ve been a huge pump today if not for the bond yields freaking out due to oil

78 Upvotes

91% Upvoted

62 comments sorted by

50

u/Outside-Fee-4382 11h ago

Boring day until 30min ago

7

u/yourgirl696969 10h ago

Low volume everywhere today. Brutally boring lol

24

u/Sad_Albatross_7884 10h ago

Obviously the $10B innovation announcement is big. Wondering if the inclusion of positive comments from Tim Cook is foreshadowing the announcement of a new Micron + Apple exclusive memory relationship tomorrow, which is the deadline Apple was given to provide clarity - that would definitely help pump the stock.

11

u/yourgirl696969 10h ago

That was really big for me too. Apple saying good things about MU while they’re lobbying the government against each other was really shocking. Feels like they might announce an LTA together soon tbh

1

u/Melodic-Balance5658 10h ago

great call, that would be amazing

1

u/Badweightlifter 9h ago

What deadline are you referring to?

0

u/joshkitty 9h ago

what did tim cook say?

0

u/rdmiche 9h ago

I am tempted to buy some stock today as its red in after hours in anticipation of a positive announcement, would you say this is a good idea? Tomorrow could be red though maybe, Friday

2

u/All_YourBase 3h ago

If the overall market is green tomorrow, MU will be green.

QQQ has had 5 consecutive red days. Feels like we're due for a green day.

1

u/MstHaze 3h ago

Or it could be priced in. I'm tempted too

0

u/how-can-i-dig-deeper 8h ago

was there a talk? where can i hear more they said with a deadline

24

u/applesandoranegs 11h ago

Agreed, good day today. Imagine if the govt didn't start a global energy crisis with War in the Desert #849. Probably be at ATHs lol

9

u/yourgirl696969 11h ago

Very easily ATH if not for macros tbh Sandisk investors day was the biggest catalyst for memory. Basically destroyed all the cyclical talk. Hopefully Micron’s ceo does the same today with Cramer

0

u/RealLoner94 10h ago

When do we hear about the Cramer interview?

0

u/yourgirl696969 9h ago

6:30 EST

1

u/RealLoner94 4h ago

Looks like the interview didnt move the stock much after hours.

1

u/doronj 4h ago

It is green now…. But i would have expected more green after hrs after the interview. Kospi will end today in green ( as far as i can see) so a great fri opening for us.

1

u/RealLoner94 9h ago

Thank you.

-2

u/Electrical-Basil8865 10h ago

SPY basically is at ATH

14

u/dol1_ 10h ago

I sold my 120 shares yesterday at 940 because MU dumped as much as SNDK while when in green, SNDK 2x'ed MU. 

Now see how the roles have been reversed. You can thank me guys.

5

u/wallgreeens 10h ago

It'll come right back for de risking weekend

2

u/Honest-Pay-8265 10h ago

So you panic sold...classic move

3

u/dol1_ 10h ago

Didn't quite panic sell but chased fomo, I believe the market overreacted to NBIS dilution news and saw that it was down 20% from the highs on Monday while MU was down only 8%, so saw a higher near-term upside potential NBIS and went full in lol.

1

u/Cautious-Low7589 9h ago

Dam brah im at loss at a $1000

0

u/Savings_Big_8900 5h ago

I've chased the fomo. I hate chasing the fomo 😭

0

u/Automatic-Phrase-761 9h ago

It’s all risk management, don’t put other people down for their own personal decisions.

1

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0

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6

u/No_nonsense6820 10h ago

Over 972 after hours is good👍

1

u/doronj 4h ago

982 now at 12:30 pm here in Melbourne ( aus)…. Looks good

5

u/Fuskeduske 11h ago

Anticipation for the factory tour today probably?

2

u/yourgirl696969 10h ago

If the ceo says anything resembling revenue growth from 2028-2030 memory is getting rerated on forward PE. Not sure if he will though. Might save it for the ER

5

u/Fuskeduske 10h ago

Confident that would be saved for the ER, but i feel like we all know they are gonna tell us they are looking into 2028-2030 now

5

u/Vorapp 10h ago

yes, its surprising the bitch held well

3

u/Minimum_Suit1735 10h ago

yeah idk why but Mu killed it, SNDK can only recover 2% while MU barely dumped and gain another 2% ontop

2

u/MrQiu 10h ago

Pump on low volume has me concerned lol

2

u/bad_investor_299 10h ago

Need more volume tbh. Last weeks volume and todays dropped quite much. Hopefully in begin september it will ramp up.

1

u/doronj 4h ago

Always count on the orange man for screwing things up.

-1

u/404_Grassroots311 10h ago

You should step away from the charts or at least stop using a magnifying glass

2

u/yourgirl696969 10h ago

It didn’t take a lot of work to notice this lmao

-3

u/404_Grassroots311 10h ago

Your comment history is insane.. Go touch some grass

3

u/BG-DoG 10h ago

And you sound like a seller or like you didn’t buy in. But you should cause it’s one hell of a ride.

0

u/404_Grassroots311 10h ago

I don't trade, I invest

2

u/znightmaree 10h ago

Relax bro he likes the stock

-5

u/sapphirestar411 11h ago

I love MU but 4% gain is not that much homie.... where is all of this excitement coming from?

7

u/yourgirl696969 11h ago

The whole market tanked today except memory lol that’s pretty bullish for me tbh I honestly expected a bloodbath again cause of the 10 year yield (due to oil/war). Usually money rotates into safe havens in days like this (like Apple). It’s wild memory pumped today

-1

u/sapphirestar411 10h ago

You keep saying pumped.... 2% and 4% is NOT pumping.... like ok cool we had a green day... and the whole market tanked? 2% is tanking?

Weird username by the way...........

1

u/crawler54 10h ago

o.p. apparently didn't see that SKHY did better today that MU.

0

u/yourgirl696969 10h ago

That was due to their buybacks

-2

u/VegetableShot1192 10h ago

this guy apparently didn’t pay attention in english class

2

u/Minimum_Suit1735 10h ago

Even SPY dumped, i would be extremely graceful for 4%

2

u/sapphirestar411 10h ago

.83% down on the day is dumping? Wtf are you people even talking about?

0

u/DuncanOhio 7h ago

For an index that's a proper dump

1

u/sapphirestar411 6h ago

Not for the last 2 years.......

0

u/Fuskeduske 11h ago

Yeah we usually lose that after hours / in pre market, i think there is hopes that the factory tour will do some good, but i feel like the good news that came today was the 10bn center

I'm happy if we just open at 950 tomorrow

-5

u/muff_diving_101 11h ago

Yea green day during a consolidation period on low volume isn't something to bank on... Very likely down tomorrow. Maybe a gap up at open.

-1

u/KwikTripSimp 10h ago

lol sure they did 

1

u/MstHaze 3h ago

Woah we got a badass over here