No Longer a Boom or Bust Cyclical Stock, Micron Technology Has Found Consistency Here s where I would consider getting long. Stocks quotes in this article: SKLZ, MU
Is there any downside left to be had? In the small-cap, momentum, and growth names, I m not so sure. Seeing a name like Skillz (SKLZ) , one of my worst performers, drop from $45 to under $13 without a care in the world is amazing. Admittedly, the run up into the $40s priced in way too much optimism. I was long out of the name before that move. Unfortunately, as the stock approached the teens, I found interest again. the high teens. And while it is no longer in the teens, it s not because we ve bounced, but because demand has withered, and we re probing sub $13 to search for buying interest. Yet another Cathie Wood name taken to the woodshed.