$SNDK is CXMT about to take over storage?! CXMT’s profit margin is already at 82%, while revenue jumped 10x in just one year. Micron, Samsung and SK hynix are busy fighting in HBM, meanwhile CXMT is quietly taking standard DRAM share. Lower costs, faster growth, and pricing power slowly slipping away from the big players. We’ve seen this before… when a new player comes in with cheaper prices, the old giants get squeezed. This is a serious bearish signal for me. SHORT!!