Jun. 26 at 5:13 PM
$MU I have searched for 3 day straight trying to figure out why there was a sell.
Besides the Korean dude that said Leveraged ETF were a mistake I found nothing.
After earnings we know
Prices will go higher for years
Long term deals made guranteeing higher prices
Capex and Costs are as expected
I have to think some people didn't believe memory currently is cheap and going to get expensive.
I think some people shorted because they don't understand that chip makers have all the conttrol and consumers and chip designers have to pay more for chips.
the trend looks like it will hold and
$MU will be 10k before may 2027.
$MU has more cash will pay down debt then buy back shares. Have to assume shorts will cover after options expire and or on monday.
I will do the unthinkable and Hold
$MUU long over the weekend.
