$Micron Technology(MU)$ Average daily volume is around 40 million shares. People are shocked that MU went up 19% in one day. Wait until short sellers have to cover those 37 million shares in a scramble. That 19% will look like a rounding error. Aren't there better stocks to short out there? Why would anyone even want to short MU? All 2026 products are sold out. 2027 products are sold through November. Huge cash pile, low debt, low forward PE, high margins. 1000% earnings gain year over year. MU makes the best memory right now with HBM3E. HBM4 is in the pipeline. Contracts are signed five years out. If we go into a recession, MU could make even more profit from reduced supply costs. 39 analysts have Buy or Strong Buy ratings. I'm looking forward to the next earnings release to see if we can get another 24% in a day.
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