All things STOCKS

[Thunder Good-Oil]

The MU run refuses to quit.

I think I heard some firm project that MU shares would be tripling. On CNBC but it was in the background.

 

[05_never_again]

I think I heard some firm project that MU shares would be tripling. On CNBC but it was in the background.

Bubble calls are a dime a dozen, but "stock up 18% on an analyst upgrade" does have a 1999 feel to it.

 

[DinkinFlicka]

I think I heard some firm project that MU shares would be tripling. On CNBC but it was in the background.

My best holding performers from a year ago are VRT and MU. Unfortunately they're small positions.

 

[walkenvol]

Only difference in this AI euphoria vs the dot.com fiasco is these AI companies are mostly reporting real profits whereas the dot.com was mostly based on future projections.

I’ve caught the NVDA, AMD, and Broadcom run ups but I didn’t has idle cash for the many others that have had meteoric rises. When I did have the cash like now I’ve been selling puts out a week at or close to the strike price on MU for 6 weeks and never get assigned. It’s crazy and makes me think there’s a lot of gambling going on and the fallout is going to be painful. Every time I start thinking about taking profits they’ll go up another 15%?

 

[05_never_again]

Only difference in this AI euphoria vs the dot.com fiasco is these AI companies are mostly reporting real profits whereas the dot.com was mostly based on future projections.

I’ve caught the NVDA, AMD, and Broadcom run ups but I didn’t has idle cash for the many others that have had meteoric rises. When I did have the cash like now I’ve been selling puts out a week at or close to the strike price on MU for 6 weeks and never get assigned. It’s crazy and makes me think there’s a lot of gambling going on and the fallout is going to be painful. Every time I start thinking about taking profits they’ll go up another 15%?

Unlike dotcom these companies are profitable, yes, but there is still a pricing in of a gigantic ROI on all of the cap ex.

MU, for example, is not being valued at $1 trillion today based on the profits they've already reported.