$SanDisk Corp.(SNDK)$ 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
$SanDisk Corp.(SNDK)$ SK Hynix is up 5.5%, Samsung is up 8.8%, and Kioxia is up 7.7%. KOSPI is up sharply as well. Looks like it will be a strong morning for US markets.
$SanDisk Corp.(SNDK)$ Thought the share price would be around $1,350 with only three days to go before the earnings report. Was expecting $1,550 to $1,600 before the close on Thursday.
$SanDisk Corp.(SNDK)$ I had a dream that SNDK will hit 3000.00 within the next 3 months, so I bought 198 shares. First quarter 2027 is going to be big.