Very weird, I bought $AAL$MKSI ATH on the Fed's shock. I also bought BACK $MU after buying it at 100.50$ getting stopped out at 109$ used that money to buy puts, used that money to back back in at 89.60$ lol, wild day with MU. I also bought another 100 shares of $GOOGL at 188.40$ added another 100 shares of $DELL at 112.67$ continued to accumulate $DAVE adding 50 shares at 89.63$ continued adding to $GCT 100 shares at 18.35$. I tried to add $pgy at low 9$ but got up off the floor to fast and I'm already avg at 9.59 a share, tried to get $HPE but order is still open doubt i get it at my bid. Glad I was holding cash back (I think the market is overdue for a slap up side the head, small correction, keep those stops tight!)
Bullish
I have to agree. #Micron is getting some bad press because of China banning them as a result of the #tradewar. But that accounts for only 1% of $MU's profits. That makes Micron a tremendous buy opportunity. Learn more from the company's recent Investor & Analyst event:
Hi Mish, I'm a fan but I think this is a misleading headline. China did not ban all #Micron chips. Only what amounts to a small percentage of their profits. $MU
What Stocks Should You Buy In 2025?
Looking For The Right Time To Buy Micron
Good read. I think a lot of the negative hype surrounding $MU and the #tradewar ware overblown. China makes up a tiny fraction of #Micron's revenue.
5 Semiconductors: Value Stocks Or Traps?
I thought the reason Micron is "dirt cheap" is because of the talks that China may ban them. Wouldn't buying $MU be very risky?
Tech Stocks: More Risk For Earnings Season?
I had read somewhere here that #Micron's actual sales in China were miniscule and not likely to impact the $MU much. Is that true?
Micron Technology - Extremely Cyclical And Hard To Predict
I have to agree. #Micron is getting some bad press because of China banning them as a result of the #tradewar. But that accounts for only 1% of $MU's profits. That makes Micron a tremendous buy opportunity. Learn more from the company's recent Investor & Analyst event:
files.shareholder.com/.../...ck_Corrected_5-26.PDF
Micron Slides As Peer Gets Downgraded, Morgan Stanley Voices Tariff Concerns
Here we go again with market geniuses undermining a $MU valuation on speculative theories and biased opinions.
"It's Time To Get Defensive": Morgan Stanley Downgrades Tech Stocks To Sell
Scary! You should add #Micron to the list. China just banned their chips in retaliation for #Trump's #tariffs. Half of $MU's sales are to China:
www.talkmarkets.com/.../china-bans-micron-chips-trade-war-accelerates
China Bans Micron Chips: Trade War Accelerates
Hi Mish, I'm a fan but I think this is a misleading headline. China did not ban all #Micron chips. Only what amounts to a small percentage of their profits. $MU
Ignore Apple Inc., Here Is The Secret To Imitating David Einhorn
People like Einhorm are likely the reason behind Micron's erratic behavior. He sees value in $MU and has the muscle to game it.