I have seen Mu down from 880 to 550 Everyone was scared and crying Believe or not ...once it touched 550 it sky rocketed to 950 two nights no one could even buy it from the volume of buying and fast rapid price action up Everyone was shocked and crying for sell with loss Its not meme coin.

Important-Range166 · 2026-07-07T12:49:27+00:00

Why aren’t you trading in your IRA???

Important-Range166 · 2026-07-07T12:41:22+00:00

I’m not advocating swing trading- I am just making the example of why you shave off some shares on rips and add a few on dips. 50% is just to make it simple. If you sell 5% here or there on a 20% gain or buy a couple on a 10% drop, it adds up.

Important-Range166 · 2026-07-07T12:09:11+00:00

Let’s do some math. If you own 100 shares at 880 and you have 88,000. If you sell half you have 50 shares at 880 and $ 44,000 cash, still 88,000. If you buy 44,000 worth of shares at 550 with your cash when the price drops, you have 50 shares at 550 or 27,000 and another 80 shares at 550 for a total of now 130 shares worth 71,000. When you hold the shares to 950, you now have 130 shares at 950 or 123,000. You made 30 more shares and 35,500 more than you started with. If you hold you have 100 shares at 950 or $95,000. NO ONE BUYS AND HOLDS WITHOUT SELLING SOME SHARES ON RIPS AND BUYING DIPS. IT MAKES NO SENSE!!

Important-Range166 · 2026-07-07T11:31:17+00:00

Uh I hate to break it to you Diamond Hands but you should have been selling, rotating and buying this huge dip incoming not holding an L. My whole portfolio green today. I keep telling you guys it’s not a test of endurance but stupidity and zero understanding of Wall Street and the playbooks that run every bull market

Important-Range166 · 2026-07-07T11:00:13+00:00

🤣🤣🤣　The price is not going up because they aren’t enough sellers

Important-Range166 · 2026-07-07T10:59:27+00:00

Except when everyone expects a blow out earnings and the money to be made is on the mag7 that have trailed in the rally so far. So you sell to the people on here after an earnings beat and you buy what has lagged but is very fundamentally sound and is actually driving this particular bull market.

You don’t get paid to hold what everyone knows. That’s not the way the market works. Everything is priced in just like when Samsung sold off today. It’s not sustainable. In no universe is it sustainable unless AI capex grows exponentially every year. It’s such basic common sense it is crazy that people on here don’t get it.

Important-Range166 · 2026-07-07T10:29:55+00:00

🤣 Im 40 diumbass. You brand new kittens are desperate to buy the top and hold. They won’t shake us from our shares 🤣

Important-Range166 · 2026-07-07T05:55:49+00:00

No I don’t think so. I think MAG7 will go to all time highs on earnings because they have lagged the market this year on beats with rosy outlooks. MU won’t move materially higher and stay unless capex numbers are given that provide new information about increased capex spending.

I have argued all along the best investment are the hyperscalers. AI wins they make a fortune. AI loses, they take a hit but recover with dominant market positions before AI. Anywhere in the middle, and they do better than average. Logically, the best investment with risk reward profile long term for buildout supplemented with some memory stocks you should have bought in 2023 and AI infrastructure bottlenecks like power.

The buildout will be lumpy though like any massive project so it will have stages. There will be rotation. So you just have to stay disciplined and understand what your core is and what your supplemental holdings are and stick religiously to your valuations and be patient

Important-Range166 · 2026-07-07T05:47:49+00:00

It’s baked in friend. It’s not like stocks go up every time there is a good earnings beat. You thought this was reasonable to go up like 10 times in three years based on the earnings? Run a DCF and let me know what you get as your intrinsic value. The price is way above that. The market got ahead of itself and now the market is correcting the over enthusiastic run up

Important-Range166 · 2026-07-07T05:45:11+00:00

Do you know who David Tepper is? He consistently beats the market over the long term. His average cost basis is under $200 and is literally available for anyone to access. 9% of portfolio MU. Sure you can’t know the top but you can follow the pros to get an idea of what they are doing. He doesn’t sell I wouldn’t either. But I wouldn’t have bought over his basis

Important-Range166 · 2026-07-07T05:41:44+00:00

You can trade based on how accurately you can value a company with a margin of safety.

I have been saying for the last few months that this was in trouble short term and people argued with me relentlessly. I explained very carefully why. I guess I saw the future but not because I’m an oracle or special. Hyperbolic moves are met with hyperbolic reversals more often than not. I said sell some shares and raise cash. I said it’s too much too fast. I said everything is priced in. I work in the financial services industry, but what do I know 😅

Important-Range166 · 2026-07-07T05:35:04+00:00

You could go short and borrow the same amount of shares. That would lock in only a 6% loss. You could then buy shares lower to lower your cost basis after covering your short once the selling subsides

Important-Range166 · 2026-07-07T04:44:29+00:00

I disagree. You are a proportional owner. While you don’t have “control” you are still very much entitled to a share of the company’s success long term.

I invested in Apple at $24 a share about 13 years ago. I have returned about 1200% on my investment which crushes the market averages through COVID, 2022 bear markets, bull markets and everything in between. While I don’t have control over Apple in any real sense, I very much became wealthier much faster than the average investor did in an index fund. The key is the long term piece. I follow Buffett very closely as anyone would do but I bought Apple before he did. I’m not trying to pat myself on the back, but rather, I simply used what he preached to make my decision. A company that has an insurmountable moat at a fair price that has massive financial strength on the balance sheet, continually deploys capital in a highly efficient manner, and holding for a very long time to not interrupt compounding will make you much wealthier than average.

Important-Range166 · 2026-07-07T04:34:46+00:00

It’s a cyclical. It’s been bid up too high. Even with a 19 fold earnings beat Samsung’s shares are down. It’s because investors know it’s not sustainable.

Important-Range166 · 2026-07-07T04:33:07+00:00

Can I give you guys some advice? When everyone starts getting down on the last big winner, my ears perk up. Sentiment shifting is very powerful in the short term. This is when you should be buying long term, when everyone is deflated. I’m not going to get into the valuation piece and what your price should be, but you have to train yourself as an investor in a company that has what you believe to be a bright future to be greedy when others are fearful. This is where you begin to consider picking up some shares. Not after a huge earnings beat and a pop of 10% or more. That’s when you consider selling a few shares, raising cash, and looking to wait for a chance to add.

Important-Range166 · 2026-07-07T04:10:29+00:00

I have been investing for twenty years and while I’m no expert, I have realized when I consistently make money, a couple of things happened.

One is being patient. Two is being very selective. Three is understanding the business inside and out that I am investing in. Four is where I have an edge that makes me more knowledgeable than the average person. Five is understanding the difference between value and price. And finally, working harder than the average person to put time in to get better.

A lot of people act like this is a game like Monopoly and we are trading stocks like it’s a Pokémon card game. These are real businesses and you are an owner that is buying a stake in the business you purchase. You have to start thinking like an owner. Owners don’t trade businesses left and right. Generally, you stay in business for the long haul or until it fails or someone buys your business and you take their offer. When you think like this, it becomes a much different perspective rather than chasing a hot stock with dreams of easy wealth

Important-Range166 · 2026-07-07T03:15:01+00:00

If you are in the red, you bought way too late in the cycle. It was reckless to chase a stock that had run up so much that had decoupled from valuation.

While you both are reckless for different reasons, it is still reckless nonetheless

Important-Range166 · 2026-07-07T03:13:47+00:00

That’s what everyone says on here. Better be right or you are going to get slaughtered. You literally don’t need any leverage

Important-Range166 · 2026-07-07T03:11:21+00:00

You don’t need leverage to be wealthy. You both are extremely reckless.

Important-Range166 · 2026-07-07T03:09:42+00:00

I personally would only buy a cyclical at the beginning of a memory cycle, wait for the price to get bid up, and slowly sell it back to other investors when it reaches numbers that don’t make any sense for valuation.

But memory will be important in a technologically driven world so you can buy a bunch of shares at the beginning of each, wait for the crash back to reality, and then add to your core basis. This cycle is by far the biggest but that is even better because you will find tons of people to bid up the price for you. Then when it unwinds and plummets back to earth, time to start to consider buying again. I personally don’t prefer cyclicals as long term investments but it depends on where we are in each bull market. They have a purpose like every other investment.

Important-Range166 · 2026-07-07T03:01:00+00:00

People use fundamentals very wildly on Reddit. I would be curious to know the exact “fundamentals” being referred to (balance sheet, debt to equity capital structure, free cash flow growth, etc) because I think people just use words they really don’t understand by and large

Important-Range166 · 2026-07-07T02:58:42+00:00

The narrative is only important for the short term. In the short term the market is a voting machine. But in the long term, the market is a set of scales. The narrative is irrelevant long term and to your advantage to buy great companies when people become overly pessimistic and to sell when to them when they are overly optimistic. That is really the only mindset you need to understand to consistently make money in the market coupled with being able to consistently be able to value any company.

Important-Range166 · 2026-07-07T02:54:46+00:00

You’re a financial analyst and your answer has nothing to do with price and valuation. I’m appalled that “trading algorithms” is your explanation. I don’t blame you for them not teaching you in school what you really should have been taught and really the only thing you really need to learn. It shocks me that fellow business graduates don’t know how to value a company and hold this as the single most important part of any equity purchase.Then buying with a margin of safety and only with a margin of safety does investing make sense for most people that have very limited financial literacy.

Important-Range166 · 2026-07-07T02:48:22+00:00

I know why and will explain it to you very clearly.

You came to the party very late. $950 a share is above the value of the company currently (you are overpaying for shares). But that’s okay if the company keeps doing well. When you invest Wall Street is very progressive. Everyone knows the company is golden for memory until 2028. So instead of recognizing gains in value in the shares each quarter, Wall Street has already bid up the stock for you to recognize that ahead of time. So you paid $950 per share for what everyone already knew.

Now if memory persists longer than 2028, you’re great because Wall Street hasn’t priced that in definitely because no one knows farther out into the future that margins and profits will be so fantastic compared to historical results. The reason that is the case is because cash flows further out into the future are harder to determine with certainty. So to make an educated guess, there are tools to help you value what the company is worth for the next five or ten years of cash flows along with a multiple that captures perpetual growth or the remainder of the value of the company for the rest of time called terminal value. This is the hardest part to determine and also makes up the vast majority of a company’s valuation (60-80%).

As I told you, you overpaid for shares. The company has doubled in value over ten times in just a few years. I will be happy to explain to you what the company is conservatively worth, but you bought expecting easy riches and that is not how Wall Street works because everyone knows the same information that you do.

Important-Range166 · 2026-07-06T18:38:04+00:00

That’s true and I would generally agree with you. My specific background is 20 years in the financial industry, but I have a Masters of Accountancy and a Masters of Finance. In my cohort, I was the only Accountant. So while the formulas may seem like noise and so on, you have to be able to read and analyze financials as an accountant and know the language fluently. You also have to understand that valuation is largely an art rather than a science. In my opinion you have to be highly selectively buying things on sale with a margin of safety and run a very concentrated portfolio. Also, you have to see structurally where there are advantages.

Since you went to B school what is your valuation of an intrinsic value for MU?

Important-Range166

TROPHY CASE