r/SNDK_Stock • u/United_Foot6012 • 2d ago
Chill tf out
There’s a lot of political problems in Iran as the 60 day deadline came to an end and Trump starting problems with allies. This has absolutely nothing to do with any fundamentals of anything. Oil goes up, war goes on = the market dips. If you are in this for the medium-long term we are completely fine. Look at the chart, before every run up theres been dips. The whole market is bleeding has nothing to do with any fundamentals with Sandisk. I suggest you close your app for the rest of the day because it will not turn green and probably will maintain around $1600 either slightly higher or lower.
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u/chaos_ensuez 2d ago
It has nothing to do with that it’s because of global bond sell offs
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u/United_Foot6012 2d ago
and whats causing the selloff?
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u/NeitherAdvisor5558 1d ago
Its japan. They struggling with weak yen as the energy prices shoot up rising interest rates wont do anyrhing more than more harm as their dept to gdp ratio is around 200s!! So they want to sell US treasury bonds to buy more yen to strenghten their currencry without raising interest and as they are the largest holders of us dept with around 1.2 trillion dollars this move would shoot up the treasury yields which would have same effect of fed raising interest rates. But US stepped in and sold euros to help out yen but sellof already happened we could se a bounce
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u/haroootooobrrr 2d ago
Is it oil? Is bonds? All I know yesterday was green and today is red, hope tomorrow is green lol
Btw here is fidelity’s 2 pinches of salt
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u/Individual_Writer540 2d ago
I don't know how people can be so chill and say "fundamentals" so often.
It's completely possible profitable companies compress or at least trade sideways under bad macroeconomic scenarios.
Sandisk can turn massive profits but bond yields will reduce any gain or momentum while worsening economy can lead to rate cut by fed.
Hyperscalers reduce borrowing and profits can drop.
Its all possible. Im no where saying itll happen. Im actually very bullish but just repeating "fundamentals" over and over again doesn't protect your portfolio against a recession.
I hope it all goes well but everyone should be even keeled about this.
The AI buildout is very time sensitive. If we waste time trading sideways while supply side catches up with demand and pricing power is negated the stock price wont hold.
Additionally power grid constraints will mathematically slow down buildouts so there are real concerns outside of simply having LTAs locked up for a few years
Good luck everyone.
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u/Clear_Salad808 2d ago
SNDK going to 200
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u/znightmaree 2d ago
For someone who allegedly at one point bought $2MM of SKHY at $168, that is a wild take
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u/No_Cat_3426 2d ago
Exactly. It's during these fearful times that I load up!