P.Dwayne
08-17
$SanDisk Corp.(SNDK)$ 

Can we see 1850 and 1900? If yes, next week 2000. Let's go! 🚀🚀🚀

- this is not financial advice

SanDisk Drops on Its S&P 100 Inclusion Date — Is Memory Shifting Gears?
The S&P 100 rebalance took effect Sept 21, and SanDisk fell 1.41% to $1,766.64 — after a 10.99% jump the prior session, when index funds finished buying. The rest of the memory sector rose: Micron +2.77% to $1,043.96, SK Hynix +0.73% to $188.86. With the index bid spent, the sector trades on product pricing again. Bulls say the thesis is intact — capacity and prices stay tight, as Micron and SK Hynix show. Bears say SanDisk's index-driven leg had no earnings behind it and now needs a fundamental anchor from an elevated base. Same day, opposite moves — whose signal do you trust?
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Comments

  • jazzyloo
    08-17
    jazzyloo
    2000 looks doable, memory turn feels stronger than people thought. You think 1900 gets tagged first?
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