bought a fuckton of Micron stock at 5x ntm earnings I am warren buffet
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Date: August 6th, 2024 12:38 AM Author: Splenetic hominid
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
(http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2~#47932947) |
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Date: August 6th, 2024 9:25 PM Author: Splenetic hominid
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
(http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2~#47936723) |
Date: August 6th, 2024 9:35 PM Author: Tan tank
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
(http://www.autoadmit.com/thread.php?thread_id=5570427&forum_id=2~#47936761) |
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