The market is trading based on forward looking. Micron raised the next quarter earning guidance.
I assure you this stock will be over $12 by June. My Merill Lynch broker still owns Micron shares at low $11. that he bought two years ago. Patience will pay off. Just like BA investment. He prevails in the end as well.
I have different batches of costs like $10.50, $9.40, $7.75 and $6.70. I have held this stock for almost two years. The DRAM pricing will keep stable and strong into June. Banking on stock is going to trader $12 before June.