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Micron - why are people surprised (isn't this priced in?)
Investor summaryBullish
The author questions why analysts and the market are surprised by Micron's strong sales, arguing it should have been priced in.
Bull points
- Strong product sales driving solid fundamental performance.
- Recent positive price action clearly indicates the company is doing well.
MU半导体
Post body
I don't have a position - but the stock has 10x'd since September - surely because they're selling a lot of widgets - why is it then a shock when it's announced they're selling more widgets? I don't understand a) why analysts always seem to under bet how much they're selling and b) why the mkt is surprised they're doing well, when that's been pretty clear by the price action over the last few months.
Mkts are so inefficient
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