I wish I never cut loss on Micron. I shorted Micron the other day because the chart was so bearish that I can see so much unloading actions but at the same time, the stock kept recovering back every single time it fell which made me felt so uneasy. I knew the earnings would be released today and hence I decided not to gamble on it since it might be a risk should I shorted and the earnings turned out to be good. So today, the earnings released and it seemed like the stock is gaping down in pre market which meant the outlook for Micron is bleak for future. I wished I had the guts to held on because I studied this stock so closely but I don't have the gumption to hold it. I would have made much more $$ on hindsight if I cover my shorts today than cutting loss the other night. Well, I just have to move on for now.
https://www.fool.com/investing/2019/09/26/microns-guidance-is-even-worse-than-it-looks.aspx?source=iedfolrf0000001
https://seekingalpha.com/news/3502191-micron-minus-5_7-percent-weak-nand-forecast
Ron K - A Game Changer
