Micron: MU

1,409 Views | 7 Replies | Last: 3 yr ago by Quantum Entanglement
Quantum Entanglement
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Bought at $88.25 13 months ago. Down 38%.

Sell or hold?
Spaceship
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AG
This seems like a good sign -

https://boisedev.com/news/2022/12/08/micron-annexation-approval/
aggie_wes
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AG
Maybe it's a buy?
Quacked
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I started out around 75$ as now have it averaged down to 57$. Hope it dips low again so I can add more.
txaggieacct85
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AG
Analyst have it as a strong buy on it. I don't like the plunge in sales and the recent quarterly loss
PeekingDuck
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AG
Micron is very cyclical. It'll probably be down for a good while.
OldArmyCT
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AG
Look at a 10 year chart. $57 seems like a buy to me but then 6 months ago lots of things looked good. Buy and Hold only works if you hold and it works better if you buy when everyone is selling, if it's a good company. Didn't some famous guy say that?
Quantum Entanglement
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It has recovered as much as I'm down in the range of 2 to 3 years of waiting. I bought too much of it and plan to wait this out. Lesson learned what I thought I assuredly knew: Diversify. I errored in thinking THIS stock wouldn't go down much and would recover in 4-6 months if it did.
Edit: At 3:06 pm, MU was up 7.24% for the day. I need it to go up 39.5% to break even.
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