$SNDK rested for 3 days. SanDisk dropped from 2300 to over 900. If you didn’t add to your position, you basically got cut (sold at a loss). The large number of retail investors who added to their positions have their average cost mostly around 1500 to 1600.
Since it can be pushed up to 1800, that basically means everyone is out of their loss. Now all the capital is just big-money capitalists sweeping up the shares.
I didn’t expect so much money to be able to enter and help unwind so many people’s positions in SanDisk. My perspective was too small. The US stock market is awesome—play by the rules, or lose.
Plus the sentiment in the square, and a large number of big players shorting and getting liquidated. Personally, in the short term I won’t short SanDisk. In the short term I’m going long—wait for an opportunity and I’m going to short you to death. Damn it, SanDisk.
Since it can be pushed up to 1800, that basically means everyone is out of their loss. Now all the capital is just big-money capitalists sweeping up the shares.
I didn’t expect so much money to be able to enter and help unwind so many people’s positions in SanDisk. My perspective was too small. The US stock market is awesome—play by the rules, or lose.
Plus the sentiment in the square, and a large number of big players shorting and getting liquidated. Personally, in the short term I won’t short SanDisk. In the short term I’m going long—wait for an opportunity and I’m going to short you to death. Damn it, SanDisk.