I think right now is still a decent opportunity for MU investors who got caught up in the hype to sell and minimize losses or lock in profits
What I'm wondering though is if the memory hype narrative is still alive
All of July the stock has been dumping. It should be obvious at this point that the whole memory hype thing was just a lie. HBM is not a moat, and people should drop the illusions they have that Micron is going to $1500 or $2000 end of year
Is the narrative still alive though?
Die hard MU investors, are you still out there?
Or have you finally came to your senses, and have determined that now is the time to just let this go
The narrative you've built in your head for over a month now was never true
It may now be time to face the reality of the situation, and now make moves and decisions on how to move forward