MU, DRAM

Created at 149.**.48.72 198 15 0

After two agonizing years of watching MSFT do absolutely nothing, I finally lost my patience and sold every last share.
Naturally, I rotated heavily into MU—because all the "experts" swore memory chips were guaranteed to fly high this year.

And how did the stock market gods reward my brilliant strategic pivot? 
The literal second my MSFT sell order went through, it rocketed up by $100 like a spiteful ex showing off a sudden promotion.

Meanwhile, my shiny new investments took an immediate nosebleed dive straight into a sea of deep red.

So here I sit, the proud owner of 75 shares of MU (mostly snagged in the 900s, with a few "trophy" buys over 1,000) and 1,000 shares of DRAM awkwardly sitting at 55.

I'm genuinely staring at my screen wondering: if these two ever miraculously crawl their way back to break-even, do I just cut my losses and run for the hills?

They say money can't buy happiness, but my stock portfolio is certainly buying me a lifetime subscription to heartaches.

 

Tags DRAM MSFT MU Microsoft Facebook X
Comments 15
22.**.27.119
I hear there are many people like this~ Then if you sell semiconductors again and switch, they say the opposite situation happens again.... If it were me, I think I'd just wait. Looks like semiconductors will go up at least once~
208.**.229.251
So what if I dumped MU and DRAM, and then it enters an uptrend again? T_T
68.**.223.180
Won't it drop below $60 at least once????
134.**.88.249
Ah, you really make it hard on yourself. Buying at the top and panic selling when it drops.. lol Try not doing at least one of those two.
227.**.109.163
Agreed, exactly- the given fate of retail investors- buy high, sell low
229.**.64.26
OP) What's your take on MU? Target prices were coming out as high as $1,500, so why is it acting like this? I can't even imagine it going over $1,000 now.
166.**.32.61
Does the target price.... have any meaning?
200.**.171.132
I understand the target price was lowered~~~ I don't think it can reach 1,500, but it might even go up to $1,200.
239.**.62.93
I want to dump it too, even if DRAM just reaches $55.
My average cost is 59, but even if I take a loss, I just want to get rid of it if it gets to that level.
Because I kept averaging down so much, I now have 4,200 shares 😭
Will it at least reach 55?
32.**.24.93
Whoa. That's massive. You're cutting your losses? You'll lose $4,200 for every $1, though...
46.**.159.104
My average cost was $71... I sold 270 shares yesterday. Leaving 30 shares behind... I took a huge loss, but I feel relieved... It didn't seem like it would reach my average price anyway, so I decided to at least get a tax benefit.
158.**.104.18
I think I might be able to reach 55 if things go well, but 60 seems like a stretch, so I set my goal accordingly. I hope I can at least reach 55.
219.**.124.136
Saying that memory is good usually means that demand remains structurally strong, but directly connecting that to "so related stocks will keep rising" is a different story.
139.**.88.212
I am selling off bit by bit.
Institutions are also lowering their target prices, and it gets shaken too much even by minor macro changes, especially memory.
I think I need to dump some of it without any regrets.
174.**.105.119
I'm in the same situation. Microsoft went up right after I dumped it, and my average cost for MU and DRAM is even higher. I have $150,000 tied up in total. I'm going to try waiting until the end of the year.
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