Публикация

$SNDK This position is a short; I'm betting it will continue to pull back. SanDisk dropped after its earnings report, and the market reaction was very straightforward — the performance is fine, but expectations were too high. The midpoint guidance for next quarter is 10.55 billion, 600 million less than the market expectation of 11.16 billion, causing an 8% drop in after-hours trading. I took a look; it fell from 2300 to the current level, with many bottom-fishers in between, but it never bounced back, indicating selling pressure is still ongoing. Also, the entire storage sector has been weak recently, with SanDisk, Western Digital, and Micron all under pressure, which contrasts sharply with the overall rebound in US tech stocks. Although SK Hynix approved a 54 trillion KRW expansion plan, the long-term logic remains unchanged, but short-term sentiment is indeed weakening. I opened this position at 1254, with a stop loss at the previous high; if it breaks, I'll exit. Let's see if this wave can push down further. #存储股财报后续跌，AI内存牛市还稳吗？ ——$SNDK #DailyOrbit