$SNDK Sure enough, this fake one is quite brutal!
Can Sandisk still return to around 1400? Is this what fans who got trapped asked last night? Wei Shu wants to say: judging from the chart, this trend is really hard!
Overall, the high of 2373 crashed down to 972, and the market value evaporated by nearly one trillion! The so-called bubble valuation is basically gone too!
The biggest reason for the earlier decline was the bubble valuation. Now that the August earnings report has been released, the market is still treating it as if nothing happened—year-on-year revenue growth of 372% completely crushes expectations!
In fact, the main reason for the rally is that Sandisk signed an important agreement last night—Investor Day! (Currently, it already has 8 core customers.) These long-term agreements bring Sandisk stable earnings and directly break the market’s worries about the storage sector!
#Shein据报最早8月20日启动港股IPO认购 #SpaceX空头持仓降至11% $SKHY
Can Sandisk still return to around 1400? Is this what fans who got trapped asked last night? Wei Shu wants to say: judging from the chart, this trend is really hard!
Overall, the high of 2373 crashed down to 972, and the market value evaporated by nearly one trillion! The so-called bubble valuation is basically gone too!
The biggest reason for the earlier decline was the bubble valuation. Now that the August earnings report has been released, the market is still treating it as if nothing happened—year-on-year revenue growth of 372% completely crushes expectations!
In fact, the main reason for the rally is that Sandisk signed an important agreement last night—Investor Day! (Currently, it already has 8 core customers.) These long-term agreements bring Sandisk stable earnings and directly break the market’s worries about the storage sector!
#Shein据报最早8月20日启动港股IPO认购 #SpaceX空头持仓降至11% $SKHY