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bought a fuckton of Micron stock at 5x ntm earnings I am warren buffet
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Date: August 5th, 2024 6:31 PM Author: Honey-headed multi-billionaire I haven't felt this good about a trade since March 2020. Micron is like the second best way to trade AI and it tanked for no good reason last month (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47931923) |
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Date: August 5th, 2024 7:27 PM Author: startling chrome people who are hurt Why is it any good? If u believe in micron why not just buy semiconductor index? (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47932107) |
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Date: August 6th, 2024 12:38 AM Author: Honey-headed multi-billionaire Do you live in upside down world or something? If I like Micron so much....I should buy the index? What if I think micron will outperform and love highly levered contracted bets?
AI needs high performing DRAM chips. micron has a stranglehold on this in the US market. The only other competitors are in South Korea
It's also free money on a valuation basis
Never question me again |
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Date: August 6th, 2024 10:35 AM Author: startling chrome people who are hurt What's a leverage bet? Do u mean you buy calls? I think mu is cheap now below 90 but it's rated a D on schwab. Why? (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47933778) |
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Date: August 6th, 2024 9:25 PM Author: Honey-headed multi-billionaire What the fuck is a Schwab rating lol? Does that seem like a useful way to pick stocks?
It is attractively valued and has powerful tailwinds you can freely Google. Maybe read this if you're so inclined (note this is pre ai madness)
https://valueinvestorsclub.com/idea/MICRON_TECHNOLOGY_INC/6112738141 |
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Date: August 6th, 2024 9:32 PM Author: startling chrome people who are hurt Before I read tell me why it went up and down past year? I can get it for 85 tomorrow. Soxl is going below 25 tomorrow (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47936751) |
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Date: August 6th, 2024 9:34 PM Author: Honey-headed multi-billionaire Are you capable of googling "micron high bandwidth memory stock"? Youre asking me too many questions. I don't know who you are or care very much about your financial well being lol (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47936760) |
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Date: August 6th, 2024 10:30 PM Author: startling chrome people who are hurt That article u posted in sept2022 predicted that micron would continue to have 10eps. It's avg earnings are below 0 past 4 quarters. (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47936929) |
Date: August 6th, 2024 11:20 AM Author: startling chrome people who are hurt (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47933947) |
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Date: August 6th, 2024 9:35 PM Author: Green splenetic sanctuary I started buying it at 150 (lol) and bought down until i somehow had 150k worth. I lost 25% of it and got sick of it cause everyday it wld go down 3-4% while NVDA only 1%
So i sold it all and put it in NVDA, ALGO, and SOXL
You are prob right to buy, it will moon faster than these others now that im out |
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Date: August 6th, 2024 9:37 PM Author: Green splenetic sanctuary ljl the fact yesterday it was down 89.00 USD −1.42 (1.57%) while NVDA was up 3.78% proves my point. NVDA still is only at 104, it has like 35% upside just to get back to its ATH. if u want risky shit just buy SOXL |
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Date: August 14th, 2024 2:39 PM Author: Honey-headed multi-billionaire A cool 16% return just for moving my thumb in a few directions (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47965719) |
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Date: August 15th, 2024 3:52 PM Author: Honey-headed multi-billionaire (http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2#47970045) |