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KB EZ@KBEZ27
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$MU This looks attractive... for competition...
$CXMT and $YMTC are going to have field day commoditizing the shit out of the memory market.
Extortion pricing only invites market corrections. Memory is now hitting extortion level pricing...
This is the exact same thing I warned about $NVDA last year when everyone said $NVDA CUDA moat was too strong for anyone to bring in alternatives. $NVDA went into margin extraction mode and forced Google, Microsoft, Amazon etc to push more non-Nvidia ecosystem chips.
The market doesn't care about what your doing today, it definitely cares about what your customers will do tomorrow. Unlike $NVDA which did have more of moat, $MU doesnt. Its sensitivity to commoditization headlines will be alot more pronounced.
Anyone expecting $MU to have the same velocity of run ups going forward should recalibrate. This doesnt mean $MU will be a bad investment in the short term. It just means all the pie in the sky "BUY ratings" will be shit and actually serve as exit liquidity to unsuspecting new entrants.
Remember these are the same analysts that said $NVDA would be worth $300 right now.
Id focus on how many companies CXMT and YMTC are able to siphon off in the coming years.
Companies like Dell, HP and Corsair are already switching.
Any before anyone chimes in about "HBM bro"
Yeah the Chinese are quickly catching up, so thats not going help you either.


Jonah Lupton@JonahLupton
$MU absolutely crushed it... Q3 revs of $41.5B vs $35.8B est Q3 eps of $25.11 vs $20.71 est Q3 gross margins of 84.9% vs 81.7% est Q3 operating margins of 81.2% vs 77.9% Q4 revs guidance of $50B vs $43B est Q4 eps guidance of $31.00 vs $25.43 est investors.micron.com/news-releases/… Very glad we own $MU $DRAM and $HYNIX
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$MU
Next year growth rate will be 72% then the year after that 5.6%...
If your buying today, your buying a business that is going to slow down by a lot in the next 2 years.
The market is forward looking.
$MU isnt not a GROWTH company. They are a cyclical business that near peak growth rate.
The air pocket between growth to value compresses multiples. Share repurchases can keep the stock up for the time being but longer term, this thing will come down ALOT.
Just cant tell you when that is. Keep dancing but listen for the music slowing.
The upside from here is like 10 to 20%... the downside is 80% lower in the future.

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@King_Cold_Son @JDGoldboys When my $10 bet doesnt hit, I'll be pissed but know I didnt lose 120k lmao
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@JDGoldboys Fuck it since you want to be greedy I’m taking Kane for two goals either I cash with you or say goodbye.
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@kylekuzma does it matter if you play every role when you suck at all of them?
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Since when is a 6’9 wing who plays any role you ask, guards 1–5, shot almost 50% from the field and cares about defense a ‘throw‑in’? lol
Fullcourtpass@Fullcourtpass
Kyle Kuzma is expected to be included in any trade for Giannis Antetokounmpo as a “Giannis tax”, per @BillSimmons
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@Clarknadeaux @BarstoolBigCat @Return_Of_RB @stoolpresidente We want winning culture. Not a hack with cheap suits.
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@UnderdogNBA Feel bad for him. Goes from a winning culture to the dumpster known as DallASS.
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