Micron (MU)

Another quandary I have now is related to Micron (MU). Their last earnings call was off the charts. Record margins, beats on top line, bottom line and current year outlook, introduction into the S&P 100, increased dividends (although modest), stock buy backs, facility expansion in a half dozen areas (several in the US), a revolutionary chip release, and years of increased demand expected. Also, several companies covering the stock have raised targets to $500 and over (its currently trading around $395). Lastly, memory is in significantly high demand today and this is one of a handful of relevant companies in the space. All this over the last month and it tanks post earnings, similar to NVDA…I get NVDA having some pressure, as even though its earning call was just as impressive (or more impressive), NVDA has a mammoth market cap which may be constraining its true value. With that said, the “sell the news”, or “down due to the waring Middle East” story here just isn’t making sense, and I get there are some global economic pressures, but I feel like this is more likely price manipulation by some large institutions positioning to take on much larger positions. In short, who knows if I am right or wrong and please don’t take my suspicions as investment advice, but why not take advantage of the artificially lowered value at this point as this stock only really has one direction it’s going to go the next couple years. I would love anyone’s thoughts on this.