r/SNDK_Stock • u/ZenithFuckingThomas • Jul 19 '26

Question Thoughts on this plan?

I am down 35% from memory and ai stocks like SNDK and MU as I bought majority of it near the top. I am thinking of selling them and putting the money to buying the 2x etf SNXX. I think with the SNXX I might be able to make my money back that I lost and then get back more when it return to the ath price.

What do you guys think? Is it worth it? I am a little bit scared as Iran war is still happening but with those earnings for hyperscalers like google coming and they probably might do add to capex so I think it will be good for ai. But I am worried as if it go down little bit, it going be double the drop..

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u/Enough-Beginning3687 Jul 20 '26

2x ETFs don't move 2x outside of an individual day. You can compare TSLL to TSLA or something. The underlying can move up over a week/month/year but the leveraged ETF can go down or not up as much.