$SNDK —I really can’t make sense of this anymore.
Fifteen analysts, all from some of the biggest institutions in the world, have set an average price target of over $2,200.
At this point, I don’t think this is even about valuation anymore. They’re just blatantly messing around.
Look at the trading: overnight, the 9:30 a.m. opening surge, and the 4 p.m. close—each time, huge short-selling orders came in and drove it down. There’s no news catalyst, no reason to be found. Someone is just deliberately holding it down.