$SanDisk Corp.(SNDK)$ Once hedge funds are done selling, I think SNDK could move to 1700-1900 after the midterm this week. That is how fast it could go. Worth studying the charts yourself.
$SanDisk Corp.(SNDK)$ MU is testing the 860 area for the sixth time. If it gets pushed below that now, 770 is a given. And then SNDK going to at least 1,000 is a given too.
$SanDisk Corp.(SNDK)$ SNDK looks like an opportunity of a lifetime. Once some of the uncertainty clears up, including the war, unnecessary spending, and the midterm elections, we could be headed for new highs. I agree with Jim Cramer that SNDK is a Buy.
$SanDisk Corp.(SNDK)$ Shorts may have won a few battles and locked in some solid profits, but this isn't over. The irony is that they'll have to buy back SNDK at some point to cover. Sooner or later, they'll be buyers. If SNDK pushes higher, especially with an 8-for-1 split, short positions effectively multiply by 8 as well. I'm looking forward to the silence or the complaints instead of all the boasting about being right.
$SanDisk Corp.(SNDK)$ I've always understood stock splits as a bullish signal, but now it seems like the bearish side is suddenly trying to frame them as something negative. That's a stretch.
$SanDisk Corp.(SNDK)$ They simply held it back. With the stock at an all-time high, it should already be above $3,000. I suspect that didn't suit a certain group, given their other bets on AI or memory-chip stocks.
$SanDisk Corp.(SNDK)$ Boring, but I'm not selling. I can hold forever, and if I die, I'll put it in my will not to sell until it reaches 300% profit. The thing is, this is my capital. Institutions have other people's capital. They have to make a move at some point or they'll start losing money. I can wait them out easily. I bought a penny stock back in 2010 and waited 10 years before I made my 300% profit.
Memory stocks are surging right now. AI demand is running into a tightening memory supply chain, which sets up a strong backdrop for the industry. SK Hynix just posted massive results that show how profitable this cycle could get. Revenue came in at $73B, up 328% YoY. Operating profit was $58B, up 632% YoY. Operating margin hit 80%. DRAM and HBM supply is still constrained, and long term agreements already cover more than 50% of 2027-2028 production capacity. SK Hynix sees DRAM demand growing 25% and NAND demand growing 18% in 2027, with supply constraints potentially lasting through 2030. From where I stand, this is becoming much bigger than just an HBM trade. AI infrastructure is tightening the entire memory supply chain, which creates favorable conditions for