Never treat U.S. stocks like crypto. This one is probably going to blow up.
Just look at how stupid this move was. SNDK only hit a low of 1331 on August 13. That same day it violently surged to 1580, and closed at 1528—up 13.7% in a single day. On the 14th, it went even crazier: the intraday high reached 1667 and it closed at 1641, up another 7.4%. Then someone started shorting from 1476. Next came adding shorts at 1539, 1590, and 1622—adding more as it rose, shorting more as it kept going up. They were treating U.S. stocks forever as if they were a crypto “shanzhai” coin, playing the same game.
U.S. stocks are real stocks: driven by institutional capital and fundamentals, with liquidity during the after-hours session. They’re not the kind of casino in your crypto world where you can just force your way through with sentiment and keep averaging down to hope you eventually recover. Others can gap up by a dozen points in a day, and you’re still there adding more shorts like a dead bull. As a result, the 7-day return immediately dropped to -34%, the maximum drawdown hit 39%, only 1 out of 6 trades was profitable, and the win rate was just 16.6%. After losing 26,000 “U” (units), it still wasn’t enough—you dragged the followers down even worse, straight into a -730,000 “U” pit.
What is this, if not pure self-destruction? Calling Sandisk a dogecoin or a meme coin and trying to trade it—thinking U.S. stocks will just keep bleeding down endlessly to let you slowly close positions? Wait for the short covering—once it comes—or if there’s a gap on the weekend, liquidation can happen in minutes. This kind of leek mindset that treats U.S. stocks like virtual currency not only hands yourself over to the slaughter, but takes a whole group of followers down with you.
#SanDisk rises 7% on revenue growth outlook
$NVDAB
Just look at how stupid this move was. SNDK only hit a low of 1331 on August 13. That same day it violently surged to 1580, and closed at 1528—up 13.7% in a single day. On the 14th, it went even crazier: the intraday high reached 1667 and it closed at 1641, up another 7.4%. Then someone started shorting from 1476. Next came adding shorts at 1539, 1590, and 1622—adding more as it rose, shorting more as it kept going up. They were treating U.S. stocks forever as if they were a crypto “shanzhai” coin, playing the same game.
U.S. stocks are real stocks: driven by institutional capital and fundamentals, with liquidity during the after-hours session. They’re not the kind of casino in your crypto world where you can just force your way through with sentiment and keep averaging down to hope you eventually recover. Others can gap up by a dozen points in a day, and you’re still there adding more shorts like a dead bull. As a result, the 7-day return immediately dropped to -34%, the maximum drawdown hit 39%, only 1 out of 6 trades was profitable, and the win rate was just 16.6%. After losing 26,000 “U” (units), it still wasn’t enough—you dragged the followers down even worse, straight into a -730,000 “U” pit.
What is this, if not pure self-destruction? Calling Sandisk a dogecoin or a meme coin and trying to trade it—thinking U.S. stocks will just keep bleeding down endlessly to let you slowly close positions? Wait for the short covering—once it comes—or if there’s a gap on the weekend, liquidation can happen in minutes. This kind of leek mindset that treats U.S. stocks like virtual currency not only hands yourself over to the slaughter, but takes a whole group of followers down with you.
#SanDisk rises 7% on revenue growth outlook
$NVDAB