The AH dip isn't the real move. These are Limit Sell orders by MMs and Institutions, and just seconds before the market opens tomorrow, all these sell orders will be cancelled.

In turn, once the market recognizes the lower share prices around 1-1.5 hours after the open, these same MMs and Institutions will scoop them right back up at major discounts. Meanwhile, those retail investors who sold out of fear will be stuck with losses, watching $SanDisk Corp.(SNDK)$  shoot over $1000+.

With all the catalysts ahead, I wouldn't recommend giving up your shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet