$SanDisk Corp.(SNDK)$ No one in their right mind would short this stock. It's not feasible for most people, despite what you might read elsewhere about "shorts." As for put options? Forget about it. No one wants to risk a quarter million betting against a freight train running out of track. The best a bear can do is pick up some spare change with short call spreads. Even then, they're risking too much for the chance to win just pocket change. It's just not worth it. So the train keeps on rolling. What would it take to stop the most overbought stock in history? It won't be me, you, or the retail buying community. It's a force of its own. Let go of your egos. Let the stock be.
$SanDisk Corp.(SNDK)$ My take on SNDK is that I still see plenty of room for growth. AI models are getting larger and require more storage and memory, and that trend isn't slowing down anytime soon. At the current pace, $3K per share looks possible to me, with even more upside by year-end if AI demand remains strong. There will be pullbacks along the way, but overall I remain very bullish on SNDK.
Everyone wants to find the next 10x stock. Very few have the patience to keep buying quality names when the market turns red. My approach is straightforward: Buy $Micron Technology(MU)$ when fear creates discounts. Add to $SanDisk Corp.(SNDK)$ on healthy pullbacks. Scale into the DRAM sector whenever volatility gives you a better entry. The edge isn't about predicting tomorrow's move. It's about consistently accumulating companies tied to one of the strongest long-term themes in tech, while everyone else is chasing the latest momentum trade. Three years of discipline can outperform three months of hype. The biggest winners usually come from patience, not perfect timing.
$SPDR S&P 500 ETF Trust(SPY)$ I wouldn't worry too much. The market likely won't let it drop. We could see green by the end of the day, and it has a chance to get above 800 by the end of summer.
$Micron Technology(MU)$ $Roundhill Memory ETF(DRAM)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Quick breakdown of why markets are showing all red today. A hawkish Fed plus BofA calling for three rate hikes, combined with hyperscalers sliding on Monday over AI capex concerns. That hit Korea at the open, which is the most leveraged AI market globally (KOSPI up 177% YoY, Korean retail investors heavily loaded on margin). Forced selling triggered circuit breakers, and panic compounded. Then US pre-market algos probably also just dumped into the gap down. Underlying demand hasn't changed; it's more