$SNDK has 148M shares outstanding.
But only 10M are actually free to trade.
Institutions locked up 76%. Insiders + WDC another 10%.
9M of what’s left? Already shorted.
Average daily volume is 10.95M shares.
The entire float trades every single day.
$40 → $2,219 in one year.
This is what happens when there’s no stock to buy.
@BeardoTrader Awesome! The next ten days will bring a lot of volatility. I need a small community. I wanted to take a short Thursday for next Wednesday. At the close it gain too much and I didn’t do it. Glad to be on board)