This sector is long overdue for a correction. This is going to be bad. Hedge your positions. Every candidate for Whitehouse will champion Medicare refrorm, price control .
Why on earth did they ban Medicare from negotiating prices in the first place ?
Sandisk/Toshiba nand tech is made obsolete by new MU Intel Samsung IBM advancement. Sandisk is dying. MU doesn't need Sandisk. MU has a market cap $20 Billion. Sandisk market cap is $14 Billion. MU can not flush $14 Billion down the toilet.
Wait a few weeks. Wall Street firms, mutual funds would have sold out and shorted all the Sandisk they can get. Then their financial press will tell you the truth.
Sandisk buys SSD from Toshiba. The only Toshiba invention lately is creative accounting.
With pressure increasing from gov't watchdogs. Their ability to raise prices is handicapped. Medicare price negotiations proposed in Congress. American pay triple wha they pay in Europe. means just one thing. Criminal activity.