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Micron

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.
Posted by supadave3
Houston, TX
Member since Dec 2005
32189 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
4618 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
5579 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
24285 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
81054 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
22772 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
4464 posts
Posted on 5/28/26 at 11:46 am to
Keep it. It's only going up.
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