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Micron
Posted on 5/27/26 at 8:09 am
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.
What a run! Forward PE still under 10. At some point it will revert to the mean, but who knows when.
Posted on 5/27/26 at 8:19 am to juice4lsu
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.
Of course it rocketing immediately after I sold.
Posted on 5/27/26 at 10:26 am to juice4lsu
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 on 5/27/26 at 10:33 am to juice4lsu
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 on 5/27/26 at 10:41 am to juice4lsu
I got in yesterday after the stock target price was announced at $1600
Going to give it 6 months to see where it goes
Going to give it 6 months to see where it goes
Posted on 5/27/26 at 11:45 am to supadave3
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 on 5/27/26 at 12:00 pm to juice4lsu
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 on 5/27/26 at 2:31 pm to jfw3535
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 on 5/28/26 at 11:46 am to McVick
Keep it. It's only going up.
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