Sandisk crashed! Those who chased the price are still up on the roof blowing in the wind—smart money already ran away!
When prices rise, it’s an epic bull market; when they fall, it’s a headstone doing the “discotech.”
$SNDK surged another 9% last night, then plunged 5% in the premarket today. Within a single day, it basically played out a chase-buy tragedy. Western Digital, Seagate, and Micron Technology ADRs all followed down by more than 4%, and the entire storage sector went dead quiet.
Three reasons directly smashed the market:
It’s risen too much: Up 600% this year alone—jumping from 970 to 1826 in under three weeks, up 88%. Short-term funds are stuffing their pockets, so they just leave in the premarket. Whoever grabs the last baton is the unlucky one.
Macro pressure: The 30-year U.S. Treasury yield has spiked to 5.31%, the highest in 19 years. The higher the rates, the less valuable risky assets become—storage is hit first.
Institutional “battle royale”: Some added positions, others cleared out—funds under David Tepper directly dumped 280,000 shares, and Renaissance cut its position by 99%. With directions completely inconsistent, it shows massive disagreement here, not a good time to “buy the dip.”
Remember: when it rises too much, pulling back is only natural—but when it falls, don’t rush to buy the dip. First, figure out who’s running!
Do you still have $SNDK ? Comment “1” for solidarity! 聊天室
#闪迪股价涨近14% $SNDK
When prices rise, it’s an epic bull market; when they fall, it’s a headstone doing the “discotech.”
$SNDK surged another 9% last night, then plunged 5% in the premarket today. Within a single day, it basically played out a chase-buy tragedy. Western Digital, Seagate, and Micron Technology ADRs all followed down by more than 4%, and the entire storage sector went dead quiet.
Three reasons directly smashed the market:
It’s risen too much: Up 600% this year alone—jumping from 970 to 1826 in under three weeks, up 88%. Short-term funds are stuffing their pockets, so they just leave in the premarket. Whoever grabs the last baton is the unlucky one.
Macro pressure: The 30-year U.S. Treasury yield has spiked to 5.31%, the highest in 19 years. The higher the rates, the less valuable risky assets become—storage is hit first.
Institutional “battle royale”: Some added positions, others cleared out—funds under David Tepper directly dumped 280,000 shares, and Renaissance cut its position by 99%. With directions completely inconsistent, it shows massive disagreement here, not a good time to “buy the dip.”
Remember: when it rises too much, pulling back is only natural—but when it falls, don’t rush to buy the dip. First, figure out who’s running!
Do you still have $SNDK ? Comment “1” for solidarity! 聊天室
#闪迪股价涨近14% $SNDK