MU
Micron Technology, Inc.
stock NASDAQ

NVDA ,AVGO,LRCX,MU,ASML,TSM,KLAC,ACMR,ON,LSCC

So stock’s going up or not ? WDC looks underpriced compared to STX and Obviously SNDK and MU

SNDK is in a cyclical business, current earnings aren’t a good indication of the company valuation, if tomorrow hyperscalers ramp down capex, SNDK is smoked along with their projections. Also, lowkey estimates don’t give it a justice, they should’ve considered the current shortage. EPS estimates for what you called “AI” stocks are elevated in comparison, and it’s not as easy to grow the actuals, but the companies are well diversified unlike SNDK pushing out a single product. If you’re saying hyperscalers projected capex is not true, how come SNDK and MU are sold out for the next two years?

the actual smart people who do the technology: we **have spent and are spending** a lot of money on products from companies like $MU and $NVDA
Wall St nepotards: I don't believe you

Genuine question: how relevant is the history of MU when the current situation (shortage with no let up in sight) is unlike anything from the past?
Wouldn’t past performance not be indicative of future performance in a unique scenario?

Calls on MU and SNDK

Take a look at CHPY sells covered calls on the semiconductor industry NVDA is the biggest holding and MU is in the top 10 the yield is in the 30-40 percent range pays dividends weekly definitely not for the faint of heart

MU $440 EOD

MU

lmao bro I’ve been riding 470 2/27’s since $MU hit $430. Glad your taking risk off though

I guess it is time for me to take a massive loss on my MU 420 3/20 calls cause this sucker’s going down

MU is the one I would go all in on ...I think this one will run for another year at least

$MU/$MUU
.

If SMH has better performance with more profits return, would you still care about TER especially the other one has less profits percentage. You try to save money on TER but you lose on growth on performance. SMH has better selection and portion of their shares in top 5 holdings. Isn’t that the purpose of investing for profits? ASML and TSM are in high jump mode breaking ath record, so is MU. You should check its top 5 holdings for their future outlook. You can decide which etf is better.

MU 500 tomorrow

More hyperscalers and software dumping while TSM and MU pump

$MU to $450+ this week PLZ MMs

You’re looking at it kinda wrong though. Even though small caps *can* multiply your account, you would have had better odds betting on something that can move 100-200 points. In the last year this was GLD and MU.
I nearly caught GLD, but managed to pull a net loss by closing the position too early. I nearly did it with AAPL too with a move that would have taken $4k to $70k. GLD I had 20 calls in May $307 strike. If I somehow held that to the top (impossible to do a perfect trade, really) I would have gotten $200x 100 shares per contract x 20 contracts worth of intrinsic value. This would be $400,000 worth of profit.
Note that this was not a possible outcome for me since I had May 31st expirations. I needed 8 more months to actually pull off that move which I was never *actually* going to do. 20 contracts for that one month costed $12,000 in premium to acquire. Imagine how much it would have costed for 9 months…
Anyway, my point is, while $1000 would limit you to calls on small caps or penny stocks, you have a much better chance of huge multiples by betting on something with momentum that can increase rapidly. Figuring out what that is **and how long it will take to happen** is the hard part. Sticking to it once you’ve figured it out is what will make you rich or poor.

Went with SOXX. Less weight on NVDA than SMH. More bullish MU than anything else. ER is negligible IMO.

Where were you last week when MU was hovering around 350