SanDisk Corp. Message Board
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Notice the $8 trend? $40 next, guarenteed:
Funny thing how 'shorts' always jump on SNDK anytime it is down a few bucks....when it keeps making new 52-week highs and higher lows.....
Look at the trend...last summer we hit $16 (52 week high) on price improvements in nand.... and had trouble holding it.....we struggled with $16 a bit and then earnings took it out and we never looked back.....
Then we climbed to $24 (another new 52-week high)and that was the new number we struggled with...pulling back then up again.....until 3rd Q earnings hit....then we popped again, then dropped on low volume, and then climbed to new highs.....now $32 is the number we are struggling with.....see the trend?
Mark my post....$40 will be the number we struggle with next......and when we pull back from $40 to $37, we'll hear from the 'short' idiots, again, that they have some kind of victory!!
I love this game!!!!!!!!!!!
SR-1, you need to read the samsung and MU reports, even your estimates are too low......-
Amen.
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Agree,looking to ace into the 30's and on.
- 1 Reply to haiku_blossom
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Blossom, it is headed lower ST...today's test of ytdy's low will speak volumes.
Keep your fresh powder dry.
Doc/John
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remember there is 6% of the float is short,, the shorts will drive it to 40 due to they will have to cover on a squeeze
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