Investment pitches

1. 1.67

   $MU

   MU: Tighter memory supply could break the cyclical valuation frame

   374 words·2026-10-01·@degentradinglsd·Equity·X ↗

   • MU reported $54B revenue versus $51B expected and 86% gross margins; guidance points to tighter memory supply in 2027–28 than in 2026.
   • Memory P/Es assume a fully cyclical business. If that assumption breaks, the author sees earnings growth plus multiple expansion supporting a potential 2–3x rerating.
   • The muted earnings reaction suggests light semiconductor positioning; the author expects memory to reprice higher, though elevated yields and active ES futures selling remain a market headwind.
2. 2.61

   $PRL

   A Treasury squeeze thesis alongside a high-risk PRL AI bet

   574 words·2026-09-23·@degentradinglsd·Equity·X ↗

   • Author expects a Treasury short squeeze: heavy short positioning and record-low gross exposure could push yields lower and fuel a QQQ breakout near all-time highs.
   • Semis appear attractively valued because earnings have outpaced prices; SOXX is near highs, with MU’s 1 October earnings as the next pricing and guidance test.
   • The author rotated some SOXL into TQQQ, expecting hyperscaler repricing and favoring 3× index exposure while cross-stock correlation remains low.
   • PRL is an early-VC-style AI bet: mining costs exceeded market price through much of its history, yet inference cannot currently be bought with the token; upside rests on theme, roadmap, and execution.