Jo Bhakdi on MU

“Micron is now up 8% not surprising was down 17%. So they are all recovering pretty nicely pre-market and I predict the sell off was vastly overdone.”

“I'm not loading up on anything right now. I'm absolutely halting loading up. I don't mind missing out right now. This is a dangerous situation.”

“But Tesla, SpaceX, Nvidia, Micron, Skhinx, the Mac 7, Meta, Microsoft, and so on, these are golden opportunities.”

“But I think Micron recovers faster, SpaceX recovers faster, Tesla recovers faster, maybe Amazon even runs more up.”

“There is no end for the memory scarcity. So Micron extreme buy. All the memory stocks extreme buy.”

“Micron is also a very good investment. I would be heavily skewed towards SpaceX. But keeping some micron sometimes you're happy when you know SpaceX has a bad day, Micron has a good one.”

“This thing can drop through the floor and don't think it's done dropping. We know that it can drop to 710.”

“All we know is it goes to 2,00 within a year probably.”

“If the market drops another 10%, that's even more time to buy, but who cares?”

“SpaceX, Tesla, Micron, Nvidia, even AMD, definitely Amazon, Microsoft, Meta, they are all screamingly cheap. So, if you don't trade on margin, if you're not doing synthetic leverage with options, I think this is the time to buy.”

“If you look at Micron, that's going to 2.5x.”

“So, you can rely on these things to go up in the midterm, even not even long term, midterm.”

“It is a pitch for the hyperscalers especially for SpaceX and for everyone who's a supplier to SpaceX which is Micron, SKHEX, Nvidia and their suppliers TSMC and so on and so forth. That is the bullish message here.”

“But mid and long term, there is no way around the fact that Micron is perfectly positioned and the stock will probably go to 2,000 in the next 12 months.”

“I think Micron goes absolutely to 2,000 in the next 12 months. No way around that.”

“I believe Micron is a total buy. Just be cautious. Don't Don't do it with margin because this thing can drop like a stone”

“But maybe we see one more round of stupid little volatility, micro volatility sell-off like 3 4% of Micron or something.”

“I think it bottoms out here. If you get another panic, it can always drop bottomlessly down, but I don't care.”

“Well, I think MU is also live. We in a very bullish situation for multiple stocks.”

“There is no doubt Micron will go way up. And the deeper it drops, the harder it rallies.”

“Now for Micron that means you know it could go down 30% instead of 15 that can happen within two days.”

“I think the odds that this recovers from here to some extent is higher than not.”

“I think if you have any kind of long-term perspective, the odds that Micron does not go above 2,000 in the next 12 months are low. I think it absolutely will.”

“2000 is probably in the cards at some point in the next 12 months.”

“but the net gain for the stocks at least will be absolutely massive. And if you have core AI stocks, core SI stocks like Space XSI, like Tesla, like Nvidia, like Micron, even though Micron keeps screwing me.”

“My prediction would be this is such fake news that even the market will understand it's fake news. Probably tomorrow and Monday. So we will see probably a recovery of the semis.”

“And there will be probably a quick recovery of Nvidia and Micron and the other guys who got hit today.”

“SpaceX short is my second biggest position, but Micron is significantly my third biggest position where I'm short puts too.”

“They just absolutely killed everything in their earnings and there is no end in sight.”

“Memory shortages are never going to go away.”

“Micron can fall back to 700 in no time.”

“But will Micron go to 2000? Yeah, absolut has to.”

“So Micron is a buy in my opinion.”

“Micron is now back to $1,043. still completely undervalued of course.”

“Micron will crash shortterm because the market panics but we still have massive inference compute build out.”

“They will overreact on the memory stocks and they will say, "Oh my god, the buildouts will stop."”

“So this is just a screaming buy if you ask me.”

“Of course, once this whole thing stops, this goes back up to 900 probably in one day, but you don't know when that is.”

“But, of course, if this doesn't recover by Friday at least to 800, I wrote it now back down.”

“I'm holding my by I think Micron's is just absolutely ridiculously low here”

“the earnings will go up massively next year guaranteed”

“I told you yesterday I need this thing to be above 850 to make money this week.”