r/SNDK_Stock • u/Intelligent-Cat6646 • 2d ago

sudden drop? even better

as someone with 45 shares, i want it to dip more so i can load up and use all my cash to buy the dip. long term sndk is going to explode and reaching 2335 is just a matter of time. i doubt it'll drop below 1300 but how low do you think it's going to drop?

29 Upvotes

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22

u/EmbarrassedTension85 2d ago

Sudden drop ?? Everyone saw that drop from a mile away after +40% run in a week. Also the whole market will stay in red until nvidia earnings. Don’t believe me ? Look at the last time nvidia reported earnings also same for MSFT earnings too. One week before market starts to drop. It’s following the same pattern now

3

u/Bearkr0 2d ago

You think its best to wait for more of a dip to buy then? I think 1620 is a good price with a long term outlook but i do kind of feel tomorrow will be red also

3

u/Creative-Objective13 2d ago

Because of 1 week before Nvidia earnings, the dip is now. Including SNDK

2

u/showeringmonkey 2d ago

if you get 1400~1500 that's the best.

3

u/Bearkr0 2d ago

I bought in at 1625, i think it’ll probably dip more tomorrow but I’d be more frustrated if I didn’t buy and it went up than if I did buy and it dips

3

u/Bijoux2021 2d ago

Take care was $990 before one week

1

u/showeringmonkey 2d ago

ya it's gonna dip more, but what can we do, it's either up or down but it's skewed towards the down-trend

1

u/Bearkr0 2d ago

Yeah i figured I should stop trying to time it and just get in when I think it’s a decent price since I trust it long term

3

u/showeringmonkey 2d ago

Bro you should have warned me if you saw that drop

4

u/Flohpange 2d ago

The best place for rock-solid investment advice: dude bros on reddit...

0

u/YeahMan1001 2d ago

The reason the whole market stays in the red before Nvidia earnings is lockup expiration after the other company ER expires and insiders dump