My advice is completely free. If you can put up $5,000 in capital and follow my advice, youโll be able to earn enough each week to enjoy a free dinner. My goal is to help people who are going through difficult times live better lives.
If you followed my recommendation and bought SNDQ, you should now be up around 15%. You could consider selling part of your position at the open and buying back when #SNDK rebounds. I expect #SNDK to return to 1700 and then lower. 1550 would be a good opportunity to take profits.
Iโve noticed a lot of people watching $SNDK and thinking this storage stock hasnโt performed well lately. (Many used to see it as a 2x play on $MU .)
Let me break down why. First, its fundamentals are weaker than MU. All its rallies hinge on NAND, and it lacks the critical HBM tech that acts as a moat. Second, it hasnโt released earnings yet, so thereโs none of the certainty MU offers.
My take: Donโt rush in.
South Koreaโs stock market had a strong day today, but donโt forget tomorrow is a major earnings date.
A fresh round of selling could well follow.
$SKHY
All AI-related stocks crashed overnight, but donโt worry.
This is just a continuation of the prior selloff.
If you back out the rebound from the previous few trading days, youโll see we havenโt really fallen that much.
If $SNDK hits $1000 again, Iโll buy heavily.
$MU $SNDK
@fulllleverage This reminds me of the Chinese stock market, where institutions and state-owned capital work together to keep retail investors trapped in the market.