I am a fan of SNDK.
SNDK is the best memory company on this planet.
I am buying more.
I am thinking the buyout before the 2nd quarter report.
I am a fan! Bought more now. 5% layoff and the ugly quarterly report, law suites will force the company to be acquired. $100 per share buyout soon.
You are thinking too long. SNDK is buyout target any day. They were just waiting for a bad report. Now, SNDK has only choice to be bought out by WDC.
You will lose money shorting SNDK because cutting employees means a buyout. Before any buyout, acquired company cut employees.
I have seen this many times.