3D·

Better to play it safe

Yesterday I sold my position in Micron with about 10% profit. Compared to others here, that's not a huge amount of course, but you don't have 10% gains every day and so I preferred to play it safe now, especially when I was down over 10% for a month before.

Now I just have to think about where to reinvest the money.

18.02

Micron Tech

Sold x8 at €99.63

€797.04

9.66%

18 Comments

GeldGenie@GeldGenie

Back and forth empties your pockets.

Why the sale? What has changed in the investment case?

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Marvin@Druadan

@GeldGenie Basically not much. Micron is still doing very well, but I have had my thoughts on this.

I was already up at least 10% twice and both times my thoughts were very greedy and wanted more before selling. Shortly afterwards I fell to around -15% in MU. MU is extremely volatile in this area and now a third time at about 10% plus, shortly before the NVIDIA earnings that influence everything in this area, I just wanted to play it safe and pocket the profit.

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GeldGenie@GeldGenie

@Druadan Why not buy at -15% if you believe in MU? Or a savings plan? 😊

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Marvin@Druadan

@GeldGenie Unfortunately I didn't have any money to buy, or not enough to keep getting more. At minus 10 I caught up a bit, but unfortunately I don't have extreme amounts of money and the money in MU was/is a lot for me.

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user35903002213@user35903002213

@Druadan If you are a trader everything is fine, but investors think differently.

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Marvin@Druadan

@user35903002213 I would say that I am an investor, but there are also individual stocks where you put in a bit of money and see what happens. I think every investor has certainly done that before. I've been lucky now, but I won't repeat it. I explained the reasons in other comments and put my money into shares that I will hold for the long term.

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Julius@Aktienmeer

Yes, it is very volatile. It was also up strongly at times and then only minimally up when the shares all fell as a result of DeepSeek. But lo and behold, 3 weeks later everything is fine again. ☕

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Charmin@Charmin

Investing means: I buy shares in a company that I have looked at closely and found to be good over the next few years.

If you want to be successful with shares in the long term, get into the habit of buying companies not because "everyone is doing it", but because you have discovered a company that, on closer inspection, is good value and has potential.

One example in my portfolio is $NTG - nobody knows it. I came across it by chance via an article in Börse Online. It sounded interesting, I did some more research and I think the company is great. I *want* to be a part of it, so my goal is to own 0.1 percent of the company one day.

I don't do short term stuff at all (anymore) because it only costs fees and in the end only brings losses if you are not a well educated trader. I'm not one, I don't want to be one. I want to be an investor.

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Marvin@Druadan

@Charmin Totally agree with you, when I look at my other positions this is also clearly the case. Micron was such a middle ground, and since it's not like the rest and as you also described, I've now sold it and am happy to take the profit 👍🏻

That's why the profit and the free money is also going into AMD, Google or Telekom.

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SemiGrowth@SemiGrowth

if it is to remain in the semiconductor sector, $KLAC $CDNS $SNPS $ASML are solid values

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Memo0606@Memo0606

@SemiGrowth isn't $MU solid? i think so!

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SemiGrowth@SemiGrowth

@Memo0606 1. he didn't want Micron anymore, so it would be stupid to suggest Micron
2. no, Micron is not solid. It's an absolute cyclical company. By solid, I mean that the company is growing reasonably steadily

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Memo0606@Memo0606

@SemiGrowth I agree 0

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SemiGrowth@SemiGrowth

@Memo0606 that's not even really subjective. How much did sales fall in 2023? -50%? Suddenly miserably unprofitable with a loss of billions. That can't be solid

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Julius@Aktienmeer

Why out before the quarterly figures? Micron Tech itself has already announced that the figures should be good or better, I read that somewhere. That's why it's rising at the moment. So I'm holding on for a few more years, I think

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Marvin@Druadan

@Aktienmeer As already written in other comments, I wanted to take the 10% profit. It's a lot of money for me, you don't get 10% every day and it was simply too volatile for me. If something doesn't suit the market at NVIDIA's earnings call, it will drag down everyone in the chip sector and Micron is currently the most volatile stock I know.

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Marvin@Druadan

Feel safer with the money now 80% in Google and the rest in Novo 👍🏻

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Jens@flush_hatch

Im holding $MU for the long term for now.

Memory and storage demands will only increase, with Cloud and AI infrastructure, and I feel like Micron are well positioned now to facilitate those demands.

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