Investing heavy into memory stocks like Micron is turning out to be a big short term fad like YieldMax funds were back in April of 2025
Except this time Micron has a noticeable amount of hardcores who will literally hold this stock all the way to $0
It doesn’t matter if the stock busts 40-70% from all time highs, there will still be people holding.
A perfect example of this cult like following would be if you go to the AMC subreddit. You will see lifers who are bag holding AMC ever since GME squeezed years ago
That’s what Micron investors are becoming, lifers, bag holders
I have no idea what’s wrong with these people. Micron investors just won’t sell and finally understand that the writing is on the wall and the stock is currently busting after running up
People are still convinced this stock is going to $1500 end of year or $2000. It’s lunacy, it’s ridiculous
SK Hynix recently missed earnings and the stock is crashing. Samsung is also crashing. DRAM crashing
The whole memory thing was just a Ponzi scheme to get people fully invested and now Wall Street is sending the prices crashing down
“BUT HBM!!! BUT MICRON IS SOLD OUT UNTIL 2030”
How many times do I have to say this, those things don’t matter
Wall Street decides where to take the price. And Wall Street obviously believes that memory is still a boom and bust commodity sector. Which is why they’re busting Micron back to the $550s
I swear if there are psychologists reading this, this would be an expert project for you
This memory saga needs to be analyzed. How people fomo’d in and literally cannot come to light and realize what’s happening. They’re literally becoming a bag holder in real time by deciding to hold and even keep on buying more Micron
It makes no sense
This is the kind of event that makes you think that we’re in a simulation