The "markets job" to get everybody leaning the wrong way??? I don't think so. Its quite obvious that an individual or group of individuals are responsible....determined to get this back to 37.It took nine weeks last time. We are only in week seven. Every attempt at a rally is quickly snuffed out. Upward momentum is kept in check. Management has the ability to stop this nonsense with some news, any news, but says zip. Maybe there is no news. In the meantime we will endure more pounding, while short sellers profit by hundreds of millions of dollars. If I was CEO, I would feel compelled to support the shareholders and give the short seller a good beating.
You can be confident that Eli will give the shorts a good beating. Just hold tight, and you will see. Sandisk is truely a great company. I've been long for nearly 5 years, and I love watching Eli manage this company.