$SanDisk Corp.(SNDK)$ Substant

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$SanDisk Corp.(SNDK)$ Substantially oversold. Down 50% in the last two weeks. It is trading at a forward P/E of less than 5. Shorts should probably be taking some profits off the table before the earnings and full-year report next Wednesday. If someone was smart enough to short it at $2,354, covering here seems like a reasonable move. The average target price from all the major analysts is $2,140, with the highest at $3,500.

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