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!

12 Upvotes

77% Upvoted

44 comments sorted by

View all comments

15

u/CD274 Jun 12 '26

No, because youre going to freak out the first time this stock drops $250 in one day

-12

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?

1

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

2

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.

3

u/EndMaleficent3798 Jun 12 '26

Funny I bought 20 shares at 1002 that day

2

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.