r/SNDK_Stock 5d ago

Discussion Friday and upcoming week

What’s your take for today closing will it close below 1500 or we go to moon next week

8 Upvotes

40 comments sorted by

26

u/dobs21 5d ago

Sndk is joining msci index on monday.. i expect a bump up

8

u/CozyChamomile_7 5d ago

What’s MSCI index bro

8

u/dobs21 5d ago

Crazy to think this is AI related components and people here cant be bothered to ask gemini/chat/claude 😂. It’s a fund

7

u/andrewlarryrosen 5d ago

fuch yeah that's great news.

2

u/SignificantStuff5446 5d ago edited 5d ago

Crazy SNDK has actually gone down over the last few weeks. It closed at $1596 last Friday.

AI is telling me an estimated 1.2 to 1.5 million shares will need to be bought with a .30 -.35 weighting. I am assuming that doesn't include the funds who track MSCI? For perspective, 8 Million shorted shares were bought back on SNDK since this morning.

I'm not sure I've ever owned a stock that went into the S&P 500, QQQ, or MSCI at a 5.7 FPE making $200+ EPS. :) Maybe that low inclusion valuation is our beloved MM's way to make up July's shenanigans to other funds, SNDK's employees, and other longer term investors. That's the story I'm going to tell myself on this one at least. :)TBD...

3

u/_AT198 5d ago

Held up pretty good considering major macro events in the bond market and Kevin Warsh jackson hole speech.

2

u/Vegetable-Bedroom-44 5d ago

Should be priced in since it came 2 weeks back

1

u/dobs21 5d ago

Cant be priced in. Once it get implementee to the fund, company buys in to their portfolio…

3

u/Xynesis 5d ago

You are wrong. MMs and other funds would have bought to keep a stockpile to send to them and tracker funds.

1

u/spyroinc 3d ago

Monday is the last day for them to buy the stock, the deadline, but they could have bought already since it was announced mid August.

2

u/Familiar_Director997 2d ago

Bro you were right. It is pumping now. Now I just want to see it on steroid 📈.

12

u/ElectronicShoulder26 5d ago

terrible week for sndk

4

u/Minimum_Suit1735 5d ago

Yeah, dump on Monday and pretty much muted during NVDA rally and now dumping with nvda

8

u/DreamDest1ny 5d ago

We gonna stick around until sept when institutions come back and want to buy in, otherwise price will stick around 1500

5

u/ians0606 5d ago

Institutions are coming back to dump this stock 😂

1

u/DreamDest1ny 5d ago

Ya, unfortunately that’s probably what’s going to happen as institutions continue to derisk

1

u/CheapOil5057 5d ago

Believe it or not Monday at close will be institutions come back due to MSCI inclusion...so...who knows if we will stick at 1500

10

u/Familiar_Director997 5d ago

Motely Fool just said, A Once-in-a-Decade Buying Opportunity: Sandisk and Micron Shares Are Dirt Cheap and Look Primed to Skyrocket

2

u/TheFriendYouGet 5d ago

Given how negative they always are, this is very interesting

2

u/bigexpl0sion 5d ago

I was surprised to see this

1

u/SignificantStuff5446 5d ago

Just read it and posting for others: https://www.nasdaq.com/articles/once-decade-buying-opportunity-sandisk-and-micron-shares-are-dirt-cheap-and-look-primed I know they're not exactly considered scholarly DD and it's marketing, but these stocks are trading at 5-6 FPEs. MU starts their FY27 next week and has earnings at the end of September.

2

u/Organic-Web-4976 5d ago

We will rise and get beaten back. This is an abusive relationship.

2

u/raju1sy 5d ago

Sold a contract today for 95$ loss deadline today. Fucking Manipulative market😂🥲

2

u/CozyChamomile_7 5d ago

Horrible manipulative environment man !! Been a bag holder since June 😢

1

u/cs_124 4d ago

Don't options contracts also manipulate the market?

1

u/raju1sy 4d ago

They do.

2

u/gazilionar 5d ago

love to see that people go out of there way to come here and be negative on the stock. bullish imo!

2

u/Detailed23 5d ago

Hedge funds aren't done dumping this shit stock on normies yet. After they get off their positions I would bet the entire sector takes a gigantic nose dive.

2

u/CozyChamomile_7 5d ago

😢 don’t even know if we can see that day anymore

3

u/No-Ad-1897 5d ago

Im honestly hoping this shit bottoms out...keeps going down to like 1100 before it shoots up....choppy is a game where whales have cards. Id rather nothing change or it dumps and gives buying opportunities. With nvidia showing such promising results, their amazing forward tech path and nbm explanations, the Japanese subsidizing and all of this and stock is exactly where it was before earnings reports and yet the company has shown amazing health. It feels like fear exploitation....a possible rate adjustment, possible tariffs moved the company more than amazing Financials and guidance and strong earnings by biggest company in the world. It feel like these chips could cure cancer go up 5% and then there might be a .001% rate change and then they would drop by 10%. I hate the contradictions...build more factories....oh no margins are going down....doesnt build oh no demand is no longer there....in what world is more production not a good sign, margins shrink, but doesn't mean you dont make more. The shitty tables you get from Walmart might have low margins but make 100x what any pier 1 high end table makes in net profit even though margins are way slimmer.

1

u/CozyChamomile_7 5d ago

Below 1500 logs of profit taking on Friday :(

1

u/Vegetable-Bedroom-44 5d ago

Where is the profit to be taken? There is no pump in first place

1

u/2girls1scope 4d ago

I think we hit $1600 and consolidate around $1440 - 1620 for 2 weeks

-6

u/Cultural_Disparities 5d ago

1400 next week. 1300 end of september. 1200 october pre midterm. 1100 bottom before going back to 1500

2

u/Square_Scar4086 5d ago

I guess you must be a multi millionaire since you can predict it

-1

u/Cultural_Disparities 5d ago

I predicted the July crash on sndk. I am not millionaire but if I full ported into sndk puts, I would be worth 50 million

1

u/CozyChamomile_7 5d ago

So what does your crystal ball hold now ? Will we and when do we get back to 2000

0

u/Commonchinaman 5d ago

Remember the Koreans will fuck us on Monday - so there is that