Jul. 20 at 11:31 PM
$DRAM
Price action over the last month is maybe the worst I've seen in any sector over 1 month period
Earnings over the last year are probably the best I've seen in any sector at any point in time.
Market makers have us scared that future earnings are about to evaporate but the CEO's of memory companies say demand will out pace supply for the foreseeable future.
It will be an interesting earnings season, I think it'll be clear that memory is in the driver's seat for the next 5 years and we make all time highs.