I agree with this take: ＄MU and ＄SNDK simply rose too fast, so their shareholder bases weren’t healthy. The drop was overdue!
Honestly, I really dislike coming up with reasons after a stock rises and excuses after it falls.
Right now, all tech stocks—including companies across the entire AI supply chain—are deleveraging, making their shareholder bases healthier, and finding people who truly believe in these stocks.
For example, why has ＄NBIS, which I’ve talked about recently, fallen so much, while ＄INTC has held up relatively well? At its core, it comes down to the different shareholder bases behind them.
The Magnificent Seven have also fallen only modestly in this downturn. Part of that is due to their shareholder-base structure, and part is because their business models are different.
There’s also a difference between companies that grew entirely on the back of this AI boom and those that have existing businesses to support them.
A while ago, I asked: How could 10-year Treasuries and tech stocks both be hitting new highs at the same time? At its core, that pointed to an underlying risk.
Look at MU: it surged from the start of the year through June and July—a little over a month. How long had it taken to climb before that? It had been gradually moving up since last year.
Then look at the period from early August to early October, when it climbed back to 1,100. The shareholder base was clearly much healthier: the rise was steady, and confidence gradually built. Compared with this upswing, the rally at the start of the year contained a lot more old money. The investor base and the shares held by investors were completely different.
When it comes to memory, people have always debated one thing: is it a cyclical stock or a value stock? That’s what everyone loves to discuss.
I believe many people’s views on Micron will change. If I’d asked you in August, you might still have called it a cyclical stock, worried that the money could pull out at any moment and leave you holding the bag.
But what about now? Musk is saying that future demand for memory from robots will be enormous, and that demand for memory across the entire AI cycle will be enormous.
As the times change, could memory become indispensable? Once factories are built, ramping up yields is the biggest challenge. And even by 2029, supply still won’t be able to keep up…
And haven’t you been given chances to get in?
You had a chance at the end of July and didn’t get on board. Now you’ve been given another chance below 900. 880, 860, and 840 were all opportunities.
If you get another chance, you should take it!!!!
Honestly, I really dislike coming up with reasons after a stock rises and excuses after it falls.
Right now, all tech stocks—including companies across the entire AI supply chain—are deleveraging, making their shareholder bases healthier, and finding people who truly believe in these stocks.
For example, why has ＄NBIS, which I’ve talked about recently, fallen so much, while ＄INTC has held up relatively well? At its core, it comes down to the different shareholder bases behind them.
The Magnificent Seven have also fallen only modestly in this downturn. Part of that is due to their shareholder-base structure, and part is because their business models are different.
There’s also a difference between companies that grew entirely on the back of this AI boom and those that have existing businesses to support them.
A while ago, I asked: How could 10-year Treasuries and tech stocks both be hitting new highs at the same time? At its core, that pointed to an underlying risk.
Look at MU: it surged from the start of the year through June and July—a little over a month. How long had it taken to climb before that? It had been gradually moving up since last year.
Then look at the period from early August to early October, when it climbed back to 1,100. The shareholder base was clearly much healthier: the rise was steady, and confidence gradually built. Compared with this upswing, the rally at the start of the year contained a lot more old money. The investor base and the shares held by investors were completely different.
When it comes to memory, people have always debated one thing: is it a cyclical stock or a value stock? That’s what everyone loves to discuss.
I believe many people’s views on Micron will change. If I’d asked you in August, you might still have called it a cyclical stock, worried that the money could pull out at any moment and leave you holding the bag.
But what about now? Musk is saying that future demand for memory from robots will be enormous, and that demand for memory across the entire AI cycle will be enormous.
As the times change, could memory become indispensable? Once factories are built, ramping up yields is the biggest challenge. And even by 2029, supply still won’t be able to keep up…
And haven’t you been given chances to get in?
You had a chance at the end of July and didn’t get on board. Now you’ve been given another chance below 900. 880, 860, and 840 were all opportunities.
If you get another chance, you should take it!!!!