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Micron discussion

Posted on 5/27/26 at 8:09 am
Posted by juice4lsu
Member since Dec 2007
3747 posts
Posted on 5/27/26 at 8:09 am
Our previous thread is locked.

What a run! Forward PE still under 10. At some point it will revert to the mean, but who knows when.
This post was edited on 5/28/26 at 10:11 pm
Posted by supadave3
Houston, TX
Member since Dec 2005
32191 posts
Posted on 5/27/26 at 8:19 am to
I sold my position on Friday. I didn’t have much, but I had a major bill to pay and had to pick something.

Of course it rocketing immediately after I sold.
Posted by McVick
Member since Jan 2011
4619 posts
Posted on 5/27/26 at 10:26 am to
So, I don't know what to do at the moment. I'm holding one share of Micron, which I bought in December 2024. Currently it's up over 900%. Do I sell now? Wait and hope it reaches $1k?
Posted by jfw3535
South of Bunkie
Member since Mar 2008
5582 posts
Posted on 5/27/26 at 10:33 am to
I had some many many years ago and sold it for some reason (kicking myself now). My wife has some in her portfolio. I think she's made about 200k on it now.
Posted by Double Oh
Louisiana
Member since Sep 2008
24319 posts
Posted on 5/27/26 at 10:41 am to
I got in yesterday after the stock target price was announced at $1600

Going to give it 6 months to see where it goes
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
81139 posts
Posted on 5/27/26 at 11:45 am to
quote:

I sold my position on Friday. I didn’t have much, but I had a major bill to pay and had to pick something.

Of course it rocketing immediately after I sold.


That's why it took off.

Let us know in advance next time.
Posted by someone35
Member since Jul 2023
19 posts
Posted on 5/27/26 at 12:00 pm to
Took 5 shares at ~$400. Was honestly looking at trimming some other areas of the portfolio and grabbing another 5-10 shares and seeing what happens.

Posted by David_DJS
Member since Aug 2005
22773 posts
Posted on 5/27/26 at 2:31 pm to
quote:

I had some many many years ago and sold it for some reason (kicking myself now). My wife has some in her portfolio. I think she's made about 200k on it now.

I bought ten thousand shares a few months after moving to Boise back in the late 80's. Paid 50 cents per share. A few months later I met an MU engineer at a party and thought the guy was an idiot - he was a friend of a friend. Saw the guy every now and then at BSU football/basketball games, and nothing changed about my perception of him. A couple years later right after he had been promoted to a senior position (MU was scraping the bottom of the barrel) - thinking MU was a disaster waiting to happen, I sold. MU was having well-publicized problems at this point, and if memory serves - needed additional capital from JR Simplot. Anyway, I took a nice gain and forgot about MU after moving back to Phoenix.

So I made some thousands of dollars on MU. The "idiot" ended up retiring (early) with about $50 million in MU stock.
Posted by how333
Member since Dec 2020
4473 posts
Posted on 5/28/26 at 11:46 am to
Keep it. It's only going up.
Posted by onepiecemayne
Member since Nov 2023
1239 posts
Posted on 5/28/26 at 1:38 pm to
Lot of money being made yall
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
62075 posts
Posted on 5/28/26 at 2:15 pm to
Change/edit your title from one word and maybe title it Micron discussion or Micron's run or something with a little more info.


Like I mentioned before, bought this one back in 2017 and held. It may have been thanks to dabigfella or ***possibly stout. I believed he started a discussion about it one time. I think OU castorino bought some.

Let's just say I'm extremely pleased right now.


Right now I'm not doing too bad with SNDK either. both have been a crazy run.
This post was edited on 5/28/26 at 2:23 pm
Posted by jefforize
Member since Feb 2008
45940 posts
Posted on 5/29/26 at 8:53 am to
still ripping
Posted by NaturalBeam
Member since Sep 2007
15003 posts
Posted on 5/29/26 at 8:58 am to
3 weeks ago, I bought 4 shares around 660. Just put in a limit order for $1000.

As much as I want to let it ride, 50% profit would be pretty nice…
Posted by Man4others
Member since Aug 2017
2505 posts
Posted on 5/29/26 at 9:05 am to
Price target upgraded to $1750 at Susquehanna.

2027 Earnings are projected to be between $70-$142 per share.
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
62075 posts
Posted on 5/29/26 at 3:17 pm to
I'd be more than pleased if it hit $1750 by 2027.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
2653 posts
Posted on 5/30/26 at 6:56 am to
Letting mine ride. Bought 5 shares back in March of 2024 for $121 a share. One of those stocks I wish I got more.
Posted by jefforize
Member since Feb 2008
45940 posts
Posted on 5/31/26 at 9:02 pm to
$1000 has been breached
Posted by Double Oh
Louisiana
Member since Sep 2008
24319 posts
Posted on 5/31/26 at 9:54 pm to
quote:

$1000 has been breached


Yep but will it stay like that tomorrow?

Don't know about tomorrow but i see it staying about $1000. June 24th is earnings if they hit it out the park then no telling where it will be in 6 months
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