🔥 $SNDK : Am I Crazy for Still Holding the Short?
I know this looks like an epic short squeeze. And yes, I'm one of the shorts getting burned right now.
Reports put cumulative short-seller losses at around $3B. That's painful. But I'm not changing my view just because the trade is going against me.
The fundamentals are actually strong:
📈 Revenue reportedly up 372% YoY
💰 Net profit around $6.9B
🚀 Stock up roughly 700% in a year
And that's exactly why I'm questioning the valuation.
Even with strong fundamentals, a move this aggressive makes me wonder:
Is this genuine value discovery, or are we watching the final stage of an AI-driven bubble? 👀
Short interest is still elevated, with the short-interest ratio around 5.32% according to the figures I'm watching.
I'm staying on the short side, but I'm not pretending the market has to agree with me.
Sometimes the hardest part of trading isn't finding a thesis.
It's surviving long enough to find out whether you were right.
Bullish on SNDK? Tell me why. 👇
#SNDK #Sandisk #stocks #ShortSqueeze #Investing