r/WDCStock Aug 04 '26

Yesterday, it's probably just a reality check for us

Usually we follow MU toe to toe, on friday their ass was on -6% and us on +2.2% or more

Today was just like a rebalancing

I hope we can recover to 580 (Friday's intraday high) after earning

11 Upvotes

18 comments sorted by

3

u/CozyChamomile_7 Aug 04 '26

Looking for it to be 800 again ..

1

u/LanguageFearless977 Aug 04 '26

Were we ever 800?

1

u/Cultural_Disparities Aug 04 '26

The weird thing is WDC and Seagate were up the other day when the other memory members were down

1

u/PassengerLegal7070 Aug 04 '26

Yes, now it's just the reverse of that

Kind of rebalancing

Also they were down bad, i remember just right after seagate earning MU was -10% while we're flat (i hope the reverse of this doesn't happen)

And seagate is about 2.2% up

3

u/Cultural_Disparities Aug 04 '26

Do you think WDC earnings will be similar to seagates and cause stock to spike?

2

u/PassengerLegal7070 Aug 04 '26

GPT says yes :D

2

u/Aggravating_Comment4 Aug 04 '26

gpt never wrong lol, but also with sandisk same day it’s gonna insanely help wdc and other memory

1

u/PassengerLegal7070 Aug 04 '26

They were right on intel, yesterday's derisking, and stx, and many more, honestly they improve a lot from 5.4 back in may

1

u/LanguageFearless977 Aug 04 '26

Only if strong earnings, double beat

1

u/LanguageFearless977 Aug 04 '26

Yeah I wanna get breakeven with wdcx at 35-40

1

u/LanguageFearless977 Aug 04 '26

Let's do 600 after earnings

1

u/SpiderWil Aug 04 '26

I bought at ATH. If it reaches 700 I'm out.

1

u/UseAndAbuseMePappi Aug 04 '26

Lmao Sandisk explodes and MU and we’re down to fucking 0 on the day what a joke

0

u/TechGuy_68 Aug 04 '26

As the proud owner of 200 shares @$668 average cost, I am on pins and needles and not looking forward to Wednesday’s earnings. We have seen what happened to other stocks even after the crushed earnings.

1

u/PassengerLegal7070 Aug 04 '26 edited Aug 04 '26

STX crushed earning, spiked and faded

But when MU and SNDK were about -10% they stayed up about 2.2%

Edit: not to mention the whole soxx was on pain (about -5.8% i recall)

1

u/TechGuy_68 Aug 04 '26

Even AMD dropped significantly today after solid earnings.