$SanDisk Corp.(SNDK)$ Shorts are going to have to cover eventually. The panic here feels overdone, and selling at this price doesn't make much sense to me.
$SanDisk Corp.(SNDK)$ This selloff has pushed SNDK into oversold territory for the first time in a long while. I'm starting to edge in at this level, and that's what I'm doing.
$SanDisk Corp.(SNDK)$ We might need to see $1000 first before the rebound to $2000 happens. Note that the forward PE is 3.5, meaning that when they make $400 EPS/year over the next few years, they can repurchase the entire float if the stock does not go up. My new street-high price target of $20,000 is very much within reach.
$SanDisk Corp.(SNDK)$ SNDK still has a board-approved $15.5 Billion buyback, and bulls aren't forgetting that. I was hoping it would dip to $900 so I could pick up 122 more shares before the buyback really gets going, but it could start this week.
$SanDisk Corp.(SNDK)$ This is no longer a commodity. It has become a highly specialized product with strong demand going forward. The old commodity cycle is over. Some Chinese players still seem to be operating on outdated assumptions.
$SanDisk Corp.(SNDK)$ This should reverse soon, with a move toward 1300-1400. The money will likely flow back here from old economy stocks. Nothing changes. Just a one-day event.
$SanDisk Corp.(SNDK)$ I just sold my last 502 shares of META and added more SNDK and MU. The fear and blood in the streets feels like an opportunity to me.
$SanDisk Corp.(SNDK)$ I'm not too worried about the after hours dip. It's tied to the election, and until the final results are in, the uncertainty is going to shake out some weak hands. Stock market futures are down across the board, not just SNDK. There will be a rebound. The idea that Democrats winning would be bad for the economy is just right wing propaganda. The Iran War, the closing of the Strait of Hormuz, higher gas prices, higher inflation. That didn't happen under the Democrats.
$SanDisk Corp.(SNDK)$ AMD also mentioned its data center and server business will double in 2027. I'm looking forward to Sandisk recovering nicely from this opportunity since it's still cheap.
$SanDisk Corp.(SNDK)$ Broadcom is at 1.54T and its revenue last quarter was 30B, while SanDisk was 11B. That is about 1/3, and 1/3 of Broadcom is 500B. As SanDisk grows, I think it could join the T club based on my predictions. Semiconductors like Kioxia and Nvidia play a large role and have made contractual agreements with SanDisk. That means SanDisk is being levelled with the largest corporations worldwide in the semiconductor industry. Trade at your own risk. Shares of a corporation belong to the shareholder and reflect the value of shares per share price. If outstanding shares are purchased, the share price rises. The executive board will disclose any share buybacks. Institutions are buying these shares in