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.
This is not financial nor stock investment advice. Please consult a professional advisor.
Copyright © 2026 Achievement Catalyst, LLC
No comments:
Post a Comment
Comment guidelines: My Wealth Builder will publish comments that are about the topic and do not contain inappropriate language. My Wealth Builder reserves the right to edit or delete comments for any reason which includes those that have advertising (either for a product, website, or blog), contain inappropriate language or are not about the topic.