@TheOneLanceB SNDK better short imo from a fundamentals perspective (1) relatively new spin off, management not too seasoned (2) product breadth / diversity worse off than MU
@FinFluentialx Wait! so when the dot com bubble burst it just lost a thousand points (shown in that last wick) and recovered that quick? That’s not even a blip.
@TheOneLanceB@Qullamaggie Such an important point no gurus talks about. One must recognize when to quit. The belief of ‘keep trying and you’ll find success’ doesn’t apply in this profession I think.
@VJPOGAKU@EliteOptions2 0DTE, 95% calls, entry by 10am, ATM, must be comfortable risking entire investment i.e., hold till zero or don’t play. Pick a direction and let it ride. Join the upcoming masterclass. I’m not paid to promote lol
@JohnTinsman I think current valuation make sense but the fact that they have no moat. I hear NAND is easy to produce - imagine any big player like AMZN announces they’ll make their own memory. And I don’t know why Chinese manufacturers are not jumping into this business.
@Emmonspired Insane momentum. Can’t stop won’t stop. Party on for rest of the year at least. Maybe stagflation fears come back at that point and we cool down a bit. Then rally again to S&P 9k lol
@onsennototonou@Futurenvesting that’s a lot of balls buying at $1100 after like a zillion % rally. Even the most bullish analyst price target is $1200 and a lot of neutral/hold calls.
@StockSavvyShay Why aren’t Chinese electronic companies flooding the market with memory? Should’t be difficult to replicate. I say give it six months. Who cares what brand the memory is.