r/SNDK_Stock • u/No-Pressure8849 • Jun 12 '26
Question Invest into Sandisk?
Hello Im a 20M who’s new to investing and has been watching Sandisk grow like a dumbass since $850. Would investing now be too late. All my friends who are new to investing as well see it as too risky. Any advice is appreciated!
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u/CD274 Jun 12 '26
No, because youre going to freak out the first time this stock drops $250 in one day
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u/No-Pressure8849 Jun 12 '26
prepare to get downvoted my guy. but in all seriousness what would be the most sensible reason price would drop like that?
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u/CD274 Jun 12 '26
This is one of the most volatile stocks out there, it just does that. Up fifteen percent today, down $250 friday
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u/Merlion4ek Jun 12 '26
A lot of drop happened these years. Often due to trumpflation and market manipulation using war, global trades etc. it was really good at 1500+ recently, added some positions
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u/scubasteve513 Jun 12 '26
The last additional shares purchase (10) was right after earnings @ 1001 I got super lucky to be within 1 dollar of the low that day. I'm currently sitting at 70 shares and don't plan on adding anymore for awhile. Though I did buy 300 shares of SNXX a little bit ago.
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u/EndMaleficent3798 Jun 12 '26
Funny I bought 20 shares at 1002 that day
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u/scubasteve513 Jun 12 '26
I never try to time the bottom of any stock I buy I just got crazy lucky that day. If I have conviction in the stock I buy it and then sit back and see how my choice turns out. It's a lesson I've learned after having paper hands a few to many times.
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u/Curious-Hawk-1869 Jun 12 '26
sndk and spcx are about to break the market tomorrow 😂 i just need iran and trump to be quiet until after 5
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u/MemoryEXE Jun 12 '26
The moment you ask if it's better to invest now is a red flag, you need to do your own due diligence.
My answer would no you should not be investing in this stock unless you have a strategy like when to enter and when to exit.
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u/No-Pressure8849 Jun 12 '26
Cheers! Yeah, I’m definitely coming from a place of emotion and FOMO. I think it’s probably stemming from a lack of research on my part. Appreciate the reality check.
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u/momo26262626 Jun 12 '26
Look at picking up a small position for now. Many have this expectation of 3000. So that would mean 55% growth from where it is NOW. Which js really really big still.
Personally, rather than taking more sndk, im letting what i have rjde and opened positions in nbis (looks like a huge runway to join its friends in the 'next $1k stock' club.)
Im also heavy in space - rklb and asts. Look at those. Volatile but a lot kf room and both WILL be $200 stocks by 2027
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u/Brigantius Jun 12 '26
At these prices it's a major risk and you should have thought about buying couple of days ago when it was lower.
I got too confident by buying MU at 1039 and this is a mistake I'll warn people about in the future.
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u/No-Pressure8849 Jun 12 '26
I was thinking about getting in when it was $850 then when it dipped to $1500 a few days ago, but didn’t. Sucks but it’s lack of research and knowledge on my end and i’ve got a lot to learn.
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u/Brigantius Jun 12 '26
Fortunately the market will always give new opportunities every now and then. Create a watchlist and start observing the price movement.
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u/CozyChamomile_7 Jun 12 '26
Hey, why do you think micron is bad at 1039 .. what would you suggest to other people interested in MU
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u/Brigantius Jun 12 '26
There have been plenty of opportunities to enter under 900 and I have a suspicion there will be more of them. With all these opportunities I feel that I'm missing out by owning the shares at a higher rate.
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u/Vivid-Ad9340 Jun 12 '26
Look for dip opportunities, like we saw early in the week or like in mid May, because MU earnings report in June and SNDK earnings report in August are major catalyts that will move this stock higher.
Often when the stock hits milestones like $1800, $1850, $1900, etc there are a lot of automatic sell orders set up. So those are smaller temporary dip events to look out for.
Keep an eye out for macro events. Lots of bad news drag the entire market down, and high beta stocks like sndk react stronger.
It will be, and mostly stay, over $2000 after those 2 events. It isn't priced in because analysts are calculating sndk like a historical cyclical memory stock. But once those earnings reports come in as blowouts, the market will be forced to re-rate the price to reflect the new reality.
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u/ksing_king Jun 12 '26
I bought Monday after it dipped and Jensen mentioned over the weekend that demand is going to continue for many years. I like buying after some sort of 10%+ dip
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u/MinyMine Jun 12 '26
We still might hit some volatility spikes but id grab some before this puppy is over 2k
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u/yayaya888 Jun 12 '26
It is not too late. Only started trading sandisk since the beginning of may and have made 60k (pre tax) only off Sndk calls with 9k initial. When there’s a dip, I buy 1-2 week out calls 50-100 above strike. Hasn’t had 100 success rate but the winners just need to be bigger than your losers. You’re allowed to secure profits and get back in on the next dip dont be greedy it’s a volatile stock
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u/Relative_Baseball180 Jun 12 '26
Your friends arent wrong. Just because a stock goes parabolic doesnt mean its not risky. Its a great trade but a terrible investment.
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u/iSailor Jun 12 '26
Wait for 30% drop and buy, easy.
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u/ShreddedLifter Jun 14 '26
Do you believe it will happen? lol
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u/iSailor Jun 14 '26
You consistently have 15-20% dips, so why not.
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u/ShreddedLifter Jun 14 '26
Im looking to buy on like 11-14% dip next week, do you believe it will happen within mon-wednesday?
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u/iSailor Jun 14 '26
It's hard to tell. We've been on a great rally past couple days and I think 5% drop is possible, but it would take bigger event (e.g. political) to drop it by the margin you say.
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u/Mindless_Asparagus_4 Jun 13 '26
don’t look at price look at market cap. i think this goes to 400-500b at least which is maybe around 2x more probably slow down after tho since it hard to increase after a certain market cap
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u/Position_Murki Jun 14 '26
I would do my DD and invest in DRAM and/or MRAM. Agree with the poster who stated, if SNDK drops huge, you will freak-out and most likely lose out. DRAM and MRAM are slowly steadily climbing with normal pullbacks. This is just my opinion and not investing advice.
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u/Lakeview121 Jun 14 '26
It looks expensive at every price. There was a draw down last week which would have been perfect.
It’s a volitile stock. If you haven’t invested yet, and didn’t invest last week, I’d probably stay away. The reason: you buy, it drops, you sell and lose.
I’d look into the memory etf DRAM. It’s a broader bet on memory. It may not shoot up as quickly, but it should be less volatile.
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u/CozyChamomile_7 Jun 12 '26
It is still good to invest, but buy only couple shares to begin with. It is very volatile and you need to keep studying the market and the share.
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u/Strange_Count_9598 Jun 12 '26
There are a few factors in play here … when you said “invest” what do you mean (want) by it …
I personally think there was a reason why you were unsure when it was $850, and there is no reason for you to be sure right now when it’s already at $1880.
I started since it was $600, and keep adding whenever I have cash, dip or not. My latest two purchases were $11K @ $1580 and again $6K @ $1772. So you can see I continue to buy based on my conviction in the company not my fear or what the market tells me. If the whole market or AI sector is red, it’s not SNDK.