Finally green on $MU after holding through the worst of it
u/Eastern-Apartment934 ·
Reddit — r/smallstreetbets
· July 21, 2026 at 08:19
· ⬆ 15 pts
· 💬 5 comments
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Been in $MU since before the memory cycle thesis was obvious to everyone. Watched it bleed, added more, watched it bleed again. Classic bag-holder arc.
Pulled up the chart on moomoo this morning and the position finally flipped green. Not a massive win, but after the drawdown it felt like a comeback.
The bear case for MU always centered on oversupply killing margins into the next down cycle. But HBM demand from AI infrastructure has been absorbing capacity faster than the bears expected, and it shows up in the numbers.
Still holding a core position. Trimmed a little to lock in some gains, kinda regretting that already if this thing has more legs.
Anyone else riding MU through this whole cycle, or did most of you get shaken out before the bounce?