Jim Cramer has some harsh words for those participated in one tech stock selloff

Investing is all about timing. Buy low and sell high is the name of the game and investors who have mastered that principal have been rewarded many times over. 

And while it's easy, and common, for even veteran investors to get the timing wrong. It can be hard for some investors to weather the storm when a security they've held takes a bath after a bad earnings call or negative market news.

Related: Micron stock slides as wider loss forecast offsets Nvidia deal boost

Micron Technology  (MU) - Get Free Report has been one of CNBC's Jim Cramer favorite stocks for some time. The U.S. chipmaker had a rough September, however, that closed last Wednesday when the company reported quarterly results that fell short of expectations. 

Micron said late Wednesday that its non-GAAP loss for the three months ending in August, the group's fiscal fourth quarter, came in at $1.07 per share, well inside Street forecasts of $1.18 and down from a profit of $1.45 per share over the same period last year.

That disappointing came just two weeks after Cramer called Micron a stock to watch in the semiconductor industry as a potential leader. 

"This stock can be a leader. There are others that can go with it," Cramer said on CNBC. 

The social media 'inverse Cramer' crowd that purports to do the opposite of everything he recommends had a field day with the stock's decline, citing the missed quarter as yet another instance of Cramer not knowing what he's talking about. 

On Monday, Cramer hit back at his critics. 

I wonder what the morons who sold Micron down to $64 are thinking now. Maybe they should take their bat and their ball and go hit the ten year— Jim Cramer (@jimcramer) October 2, 2023

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Cramer is crowing after the stock rallied over the past two sessions on positive news coming out of Japan. 

Japan's Ministry of Economy, Trade and Industry announced that it is allocating up to 192 billion yen ($1.29 billion) in subsidies to Micron's work in Hiroshima, Nikkei Asia reported Friday.

Micron will use the infusion of capital to install extreme ultraviolet (EUV) exposure equipment that is necessary to craft the circuity of the semiconductors. 

The Ministry had already allocated a subsidy of up to 46.5 billion yen for Micron's Hiroshima plant as it wants to secure domestic production in Japan.

Micron shares were down 0.3% to $67.82 per share at last check in the afternoon Oct. 2. 

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