Postar

$SNDK seems likely to fall further; Q4 earnings exceeded expectations, yet the stock plunged sharply. The next quarter's earnings will definitely be worse than Q4, just as $META Chairman Zuckerberg said, storage chips are already in surplus. The supply-demand relationship has shifted—from previously undersupply to now overcapacity. Products can't be sold, and the company can't make money. I even suspect that the sharp drop after the Q4 earnings release was a preemptive reaction anticipating the poor next quarter earnings report. Therefore, $SNDK will either keep falling or trade sideways until the next quarter's earnings come out. When the stock price no longer reacts violently, it means the negative news has been priced in, and then it will slowly recover. What troubles me now is that I bought the dip when SanDisk plunged hard. Should I close my long position and switch to short? #AIMemoryBullTest #FedHawksVsWeakJobs #SpaceXUnlockRebound