MU has a decent probability of rising to $1,000+ or breaking its all-time high (~$1,200) in the coming months, though the speaker declined to trade it as a short-term gamble.

There's a stock. It's named Micron, right? One of the big memory chip companies. All these memory chip companies have been getting hit the last couple months, right? They all peaked a couple months ago and they've all been getting hit.

And so M MU I was looking at the stock recently and it's down 30% from highs.

Now, if there's one thing you know about MU, you know there's a cyclical company but you know they're going to be making fortunes of money the next few years, right? And so the stock got hit so hard recently that I started even getting interested in potentially making a short-term move regarding MU, right?

And so I was kind of thinking about it from perspective of like the stock was down, you know, in the high 700s, even in, you know, $800 or so. And I was looking and I'm like, my gosh, like there's a I thought there was a decent probability the stock goes to a thousand plus and even a decent probability it breaks its all-time high, which is in the 1200s, right? Over the next few months.

And so I'm kind of looking at this one as from a level of interest of like, gosh, man, I think there could be some short-term money there, right?

And since the bottom here just, you know, we missing from the bottom, this is just starting in August, right? Which we're only a few trading days into August. Today's August 13th.

So, how many trading days has there been in the month so far? Eight or whatever, right? The stock's already up 18%

I'm like, "I think MU probably bounces pretty hard, but at the end of the day like I just know me and I know what comes back to bite me.

Trying to do these shortcuts and these short-term plays about because at the end of the day, you know, MU didn't have to bounce. And MU doesn't have to bounce from here, right?

It might It might go to 1,000 plus, it might go to 1,200 plus. Like I thought there was a decent probability it could, but it doesn't mean it has to.

Could be some bad news that comes out, this and that, you know, next thing you know, or big fears about memory topping next year, and so at the end of the day, this is just a gamble decision.

This is just a short-term gamble decision about I think this is going to happen.

And he even texted me today, he says, you know, are you in MU? And I said negative, decided not not to do any short-term gambles like that.