$SNDK This day was a slow grind down from 1011.

When it surged to 1011.14 in the early hours, I was still wondering whether it could hold above the 1,000 mark. But during the day, it kept inching lower, one notch at a time. There wasn’t any especially scary plunge; each bounce just lacked strength. By evening, it plunged straight to 870.83. That sudden drop made my heart skip a beat, before it was pulled back up to 927.

Honestly, the day before, this stock had just jumped 13.7% on the U.S. market—one of the few big rebounds we’ve seen in recent weeks. Today’s low gave back almost all of those gains. It feels like free money on the way up, but it falls just as fast.

It’s also doing a 8-for-1 stock split next Thursday. At its current price in the 900s, each share will be worth just over a hundred after the split. I know a split doesn’t affect market cap, but whenever a moment like this comes around, I get so tempted to act and can’t decide whether to chase or wait.

Nebius also got hit pretty hard tonight. The AI sector is unsettled tonight. I’m sitting tight and watching for now.

Are you more afraid of a pullback, or of missing out?
#Sandisk #SNDK #黄仁勋辞任CEO,英伟达战略走向受关注 #Anthropic拒绝延期IPO,本周路演估值几何?