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Still Hodling "Buy the Dip Stocks" for Now

Volatility makes it challenging to hodl buy the dip stocks.  When a very profitable stock dips 20, 30 or 50%, my instinct is to sell and kee...

Tuesday, May 12, 2026

MU and STX Buys - Arrrggh!

It wasn't such a good idea to buy MU and STX yesterday.   After going up immediately yesterday, both have declines significantly, up to 10%, by 1PM today.  Volatility cuts both ways, on the way up, and now on the way down.

At this point, I only have a few shares and can afford to hodl through this volatility.  I expect there were a number of stop orders that were crashed through this morning.  Hopefully, the action will settle down by end of day or tomorrow...hopefully.

  • Edit 1:  After dropping as much at 11%, MU has rebounded and is only down 6% at 2:22PM.
  • Edit 2:  What a roller coaster ride.  From yesterday's close of $795 down to a $706 low and back up to close at $767.  I bought MU today on the way down at $750, $745 and $728.  All three buys closed green. Woohoo!
  • Edit 3:  I found this article SanDisk, Micron stocks plummet as Korea shockwave batters the great memory boom about the reason memory chips dropped precipitously today. 

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This is not financial nor stock investment advice. Please consult a professional advisor.

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