$mu profit taking? Spend some on the equipment rental company supplying them for HQ build out $sunb
$MU$SUNB
AI SUMMARY — Author observes Micron's multi-billion dollar HQ expansion in Boise and identifies SUNB (equipment rental company) as a beneficiary of the construction boom, positioning it as a profit-taking opportunity from MU gains. Key risk is the thesis depends on sustained construction activity and SUNB capturing meaningful contracts from this single project.
| TICKER | MU |
USER | u/trucktiva |
| RATING |
BULLISH |
ENTRY |
$990.93
|
| POSITION |
N/A
|
BOOK VAL |
N/A |
| CURRENT |
$896.07 |
P&L % |
-9.57%
|
| CURR VAL |
N/A |
P&L $ |
N/A
|
| TICKER | SUNB |
USER | u/trucktiva |
| RATING |
BULLISH |
ENTRY |
$72.97
|
| POSITION |
123 sh
|
BOOK VAL |
$8996.30 |
| CURRENT |
$73.00 |
P&L % |
+0.04%
|
| CURR VAL |
$9000.00 |
P&L $ |
+3.70
|
Micron HQ in Boise is where BILLIONS of all that money they have is going. Building projects for the next few years are planned there. The #2 rental equipment services provider Just went public and opened a new branch minutes away.
In for 9k and will be buying this one all year.
Tl;Dr guy that lives in Boise near Micron notices a company adding a location near there and buys shares