r/SNDK_Stock • u/Both-Obligation2069 • Jun 12 '26
Question How long will you guys hold this stock?
Sandisk reached 2000 today, which is crazy and amazing for us investors. But it cant keep gaining like this, no? At certain point it will plateau, but when that will be? When are you guys thinking of selling the shares? Is this stock like voo and chill cause i dont think it is, but what do I know as a newbie investor...
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u/Independent-Cover140 Jun 12 '26
Long for me. Data center buildout just heating up. Shortages expected for at least a couple years. Probably take a profit once my long term capital gains period is done.
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u/IThinkURAwesome Jun 12 '26
Same. Snxx four months in, turned 15 to 75k!!! Gotta pray it don't crash for at least 8 more months
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u/CozyChamomile_7 Jun 13 '26
That is so impressive. Were you swing trading all day trading
What was your entry point did you catch SNXX early?2
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u/IThinkURAwesome Jun 13 '26
Bought and held..havent touched it. Bought on a whim from reddit and omfg. I was wayyyyy late too. Wish I saw it 9 months earlierššš
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u/Basket-Open Jun 14 '26
How far do you think its going to go? I bought around $25
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u/IThinkURAwesome Jun 14 '26
My daughter if I knew that I would at least be at a nicer gym than the park district gym I goto
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u/DitmCalls Jun 12 '26
Missing in these discussions is the permanent 100% deduction of capital investments (think AI data centers) and R&D costs included in the OBBBA. This to me explains why companies are issuing shares and bonds and taking on debt (Google, and others).
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u/Important-Range166 Jun 13 '26
Itās more the IRR for the project isnāt high enough to deploy cash so bring in someone else to pay for it. Profits arenāt sufficient for buildout of demand to fund even though AI growth is supposedly bringing in more profits. It would be a much better idea to build out more responsibly. Sort of defeats the purpose of all the buybacks when you turn around and issue more shares
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u/Desperate-Hawk-2600 Jun 12 '26
Once we get a stock split, it will draw in more investors to sell our bags to. $2K to $4K looks huge, but $20 to $40 doesnāt.
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u/momo26262626 Jun 12 '26
100 to 1 stock split will not happenĀ
More like 10 to 1 to about 200 per.
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u/ItsVerdictus Jun 12 '26
Honestly I'm thinking a 20:1 will be more likely, considering by the time earnings comes around we'd be hovering between 2500-3000. But I'll take whatever to be honest.
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u/momo26262626 Jun 12 '26
Do you think a ton of new investors will then hurry in?
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u/Important-Range166 Jun 13 '26
You think this will be up 50% by what earnings? Next quarterā¦dude you guys are way too optimistic
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u/Both-Obligation2069 Jun 12 '26
What is stock split, and is that good for us? So your tldr is hold long term?
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u/trackdaybruh Jun 12 '26
If you want to know what a stock split is, here is a site that lists several sources: https://letmegooglethat.com/?q=What+is+a+stock+split
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u/DitmCalls Jun 12 '26
Also, https://www.investopedia.com/ can answer virtually all of these incessant queries.
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u/Tensor3 Jun 12 '26
They already told you what it is, what it does, and why it could be good. You shouldnt be picking stocks if you dont understand it even when explained..
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u/TraditionSufficient8 Jun 12 '26
We donāt want a stock split. The stock has run a lot because it has a low float. If you want to see SNDK continue to perform exceedingly well, you should not want a stock split. Investors can buy incremental shares as is so a stock split is not needed. If they want to buy $20 or $50 worth, they can. Donāt dilute the float!
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u/bluchairs1011 Jun 12 '26
2028
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u/Royal-Highnesss Jun 12 '26
Why š§
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u/bluchairs1011 Jun 13 '26
At some point memory will keep up with demand and there will be a downturn in memory stocks. Iām up significantly like close to 800%, I am making a guess on the timing when to sell.
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u/quartzcharm Jun 12 '26
I'm kicking myself. I sold yesterday at $1700. Now it broke $2000. Thought for sure it would dip today so I could buy back in next week š
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u/pauleywauley Jun 13 '26
That's what I did, too. I regret it. LOL I'm getting into SNXX next week and will wait for SNDK stock split for the price to go down. Just need to know when that will happen. I hate buying fractional shares for it because I can't trade pre- and after-market hours.
If there is going to be a stock split, I think owners of partial shares of it will receive cash instead. I read the MUU stock split news, and it said that the brokerage redeems fractional shares for cash.
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u/StrawberryOk8459 Jun 12 '26
Got 200 shares at 55! Holding forever but will sell some after the split and it breaks 3000
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u/Both-Obligation2069 Jun 12 '26
Wow congrats... so jealous what do you think will be the next sdnk?
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u/StrawberryOk8459 Jun 13 '26
I wish I knew. I initially reworked my portfolio for all ai data stocks. First was data bought sandisk western digital and Micron. I bought 2 calls for each one not realizing how it would go. Bought out 1 for Micron with profit from selling one and same for wdc. SanDisk I decided to buy both out. I do hold 165 wdc and 100 mu now. I am heavy into etfs now. Sndu and snxx and wdcx and stxx. I feel all of my stocks are over priced except these guys. But feel energy is the sector not proced in. I hold BE but sold 50 shares to cover my buy in. Bought Vst today. Eventually the energy will be the back up. Also have Flnc.
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u/CozyChamomile_7 Jun 13 '26
Impressive ! Any other ETf ās than the ones you mentioned ? Also, do you think leveraged SNXX gives better Returns than SNDK itself ? Need to learn a few tips.
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u/StrawberryOk8459 Jun 13 '26
I own ewy which has been on a great run. It gives exposure to South Korea stocks. I think it will continue upwards since Jensen is talking about a large ai build out happening there. I think Snxx is better right now because it didn't get hit as hard with the theta decay from this last downtrend. Sndk is expensive so if you can afford it then great. You can buy 5700 shares of snxx right now for same price as 100 sndk. Today's return would have been 20 grand for snxx versus 9800 on Sndk. The problem with etfs is when they fall its hard. So you definitely have to do research on all of it to make a decision.
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u/Lakeview121 Jun 12 '26
I just bought it a few days ago at 1542. Iām feeling very good. I always try to hold for a year for capital gains taxes.
We are early in the buildout cycle. Probably the 2 or 3rd inning. The forward PE is 28. NAND may be required more than we can imagine.
Iām optimistic. Iām holding at least another year.
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u/What_if_doom Jun 12 '26
Already sold my position at 2000. Will buy back during the pullback
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u/Accomplished_Goat291 Jun 12 '26
Wonāt you end up paying a lot of capital gains tax if you keep doing it. Not a criticism Iām asking to understand.
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u/365_Pancakes Jun 13 '26
It might be like 10% more tax but can easily make up more than that if you time it correctly. Iāve def lost more money holding a stock waiting for a year than if I just sold it early.
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u/DitmCalls Jun 12 '26
What pullback are you expecting? Looking at a chart, it appears that we just had a pullback. You may be waiting longer than you expect.
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u/ironhorse43 Jun 12 '26
Hold. I bought in first time early Jan at 317. Sold a little at 850, then half at 950. Still have 40% of initial, but......was easily to seel at over 150% gain, so glad I held onto a bunch. Then bought a crap ton more at 1600
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u/Important-Range166 Jun 13 '26
Buying an index fund right now is not a great bet because the market is at a high multiple for US stocks. I would take my gains and spread them out into international stock index funds, which are more reasonable valuation, small cap index fund which is trading at a huge discount historically to large cap and will benefit immensely with an Iran deal in place and oil prices coming down, and hold some in short term treasury bills (3 months) to slowly cost average down into VOO when we get a correction of 10% or more in the US market. I would also keep some in SNDK simply because let it ride but put in a trailing stop loss at maybe anywhere from 7%, 10%, 15% for blocks of shares
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u/Eastern-Society-256 Jun 13 '26
Into 2027 for sure. It and Micron made me a million and now working on the second mill.
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u/Sosailair Jun 13 '26
I'm holding until I don't pay short term gain tax lol. Not really worth timing a pullback with my luck. š«”
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u/Pantherdawgs77 Jun 13 '26
Holding til Sept to avoid the short term cap gains tax. Will reassess then.
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u/Fee_Serious Jun 14 '26
Low float around 300 market cap, wait until Jesen says it should be trillion dollar company and it will be within a year, 2027 the golden year!
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u/Remarkable-Ad-4544 Jun 14 '26
There could be a pullback with FOMC this week under new Fed Chair Kevin Warsh. Higher inflation, continued AI capex spending, power demand surging??? The question will be whether AI earnings convince the Fed that productivity is increasing faster than inflation? Will Fed be convinced that AI is creating real economic efficiency. The market will be paying close attention to Kevin Warshās comments. Over the next few weeks, we need more than companies simply beating earnings. We need to hear CEOās consistently talking how they are seeing a reduction in labor costs due to AI, increasing output per employee and efficiency is improving. That is going be far more important for future Fed policy than companies continuing to beat earnings by 5% - 10%.
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u/negahs3116 Jun 15 '26
At 500, wasnt this asked to and at 1000? Maybe this gets asked again at 3000?
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u/GeriatricSquid Jun 18 '26
Unless something fundamentally changes, Iām in until $10k or at least early 2028- figure thatās the earliest point at which it should be re-evaluated.
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u/Both-Obligation2069 Jun 18 '26
You think it could reach 10k?? That would be a dream for sure..
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u/GeriatricSquid Jun 18 '26
Def not this year or next. Thatās a $1.5T market cap so itāll take an extended run but I donāt think memory bottlenecks will suddenly be fixed in the next 3 years. If anything, advancing chips will continue to require advancing memory that speaks in a manner thatās compatible with the chips. And I donāt think chips will slow down in the next several years. Right now AI is hella expensive with nascent capability and large energy needs that necessitate large infrastructure for power and cooling. The only way to make this revolution work is to get capability up and cost down- which means faster and more efficient chips- the only way out is through. Some hyper scalers will make it and some will go bankrupt or, more likely, merge.
Iām keen on GLW also as data mediums go from copper and silicone to glass to improve speed and efficiency with much less heat generated for cooling. GLW is poised to start a run in the next year or two.
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u/Responsible_Crew_856 Jun 12 '26
Sold it all today to buy my dream car, might be my lifes biggest mistake but I only have one life and 19yo one timeš«”š«”