Subject: Micron
MU is up 300% YTD and 800% in the last 12 months. It's been jumping up (and, alas, down) upward of 10% in a day. I've been getting a bit nervous of it.

Then a news item today:
"Micron has locked in contracts delivering the company 90% margins. "

Headline: "Micron locks in historically high memory prices for five years
Big buyers agree to deals that will deliver historically enormous margins and profits"

https://www.theregister.com/sy...

Heh, "enormous profits"