FatJoe
commented on
$Micron Technology (MU.US)$
I mentioned before the Earnings Reports on June 10 that the final price would be between 120-125, and it seems I was right. Micron's competitors are too strong, and the moat isn't deep enough. SK Hynix and Samsung from South Korea have a higher market share than it, and several Chinese companies are catching up closely. Currently, the overall market has continuously broken historical highs, yet this one hasn't been able to rise. Rest assured, Micron is consistently profitable, but its upper limit is close to being capped.
I mentioned before the Earnings Reports on June 10 that the final price would be between 120-125, and it seems I was right. Micron's competitors are too strong, and the moat isn't deep enough. SK Hynix and Samsung from South Korea have a higher market share than it, and several Chinese companies are catching up closely. Currently, the overall market has continuously broken historical highs, yet this one hasn't been able to rise. Rest assured, Micron is consistently profitable, but its upper limit is close to being capped.
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$Micron Technology (MU.US)$ There is no strength in the follow-up, the deep out-of-the-money calls that were bought are all stuck.
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$Micron Technology (MU.US)$ The power is not enough again, maybe this stock is slow to heat up.
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FatJoe
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$Micron Technology (MU.US)$ It's my family's turn for Guangguang as well.
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FatJoe
voted
Overbought markets can stay overbought as greed is harder to conquer than fear. -- BofA Michael Hartnett
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Hello mooers!
Markets pushed higher last week across the board, with $NASDAQ 100 Index (.NDX.US)$ gaining 1.48%, $S&P 500 Index (.SPX.US)$ climbing 1.72%, and small caps leading the charge as $Russell 2000 Index (.RUT.US)$ surged 3.52%. While economic data showed softening momentum, signs of resilience kept recession fears at bay...
Markets pushed higher last week across the board, with $NASDAQ 100 Index (.NDX.US)$ gaining 1.48%, $S&P 500 Index (.SPX.US)$ climbing 1.72%, and small caps leading the charge as $Russell 2000 Index (.RUT.US)$ surged 3.52%. While economic data showed softening momentum, signs of resilience kept recession fears at bay...



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FatJoe
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$Micron Technology (MU.US)$ why people selling, it's dividends tomorrow wtf
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FatJoe
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$MU 250711 125.00C$ Why has it dropped again.
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FatJoe
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$Micron Technology (MU.US)$ A lot of Institutions are frantically stocking up. This is already a golden cross ( ̄口 ̄)!!
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FatJoe
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$Micron Technology (MU.US)$ Jumping up and down today is really fun.
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FatJoe
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$Micron Technology (MU.US)$ Ah, are you going to rise or fall.
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FatJoe : He had previously overdrawn too much on his profit margin, and now it is stabilizing slowly. It needs to test 130 at least once more, and you can make a swing trade.