$SanDisk Corp.(SNDK)$ Shorts still need to cover here. The saying about pigs and hogs comes to mind. The FUD coming out of China is overblown. There's just too much noise in the market around semiconductor names right now. At this price, it feels like an early gift. I think we get back above $1,700 by the earnings report on 10/29. Record earnings and an additional buyback still to be announced.
$SanDisk Corp.(SNDK)$ SNDK. This is true. World's largest casino. The "algos" are more in control than anyone imagines with the support of "Dark Money".
$SanDisk Corp.(SNDK)$ looks like a chance to pick up shares at a cheap level. The last time it traded around this price, it climbed back above $1,900. I think it can get back there again.
$SanDisk Corp.(SNDK)$ Up 575% YTD and analysts are still raising targets. Mizuho just went to $2,050, Rosenblatt to $2,400, Arete at $3,000. The thesis isn't about NAND cycles anymore — it's about agentic AI needing massive fast storage. Data center bits went from 12% to 38% of the portfolio. This re-rating is structural, not cyclical. Still cheap at 8x forward earnings.
$SanDisk Corp.(SNDK)$ For $Lipocine(LPCN)$ , Wainwright maintains a buy rating with a $5 price target. The 52-week low is 1.72 and the 52-week high is 12.37.
$SanDisk Corp.(SNDK)$ Heatseeker and dealer positioning keep shifting daily, but right now dealers are positioned for a 10% bounce this week. The technicals are also lining up nicely to support that move. Watching the heavy exposure nodes closely to see if the magnetic pull holds and gives us 1,700+ this week.
$SanDisk Corp.(SNDK)$ My take is that this was a hit piece by the Financial Times with no confirmed data backing it up. Someone likely paid for it and fed them unverified numbers. They needed to get out of their short positions. OpenAI is a private company that doesn't publish financials. Their CFO confirmed the 70% run rate two weeks ago.