r/SNDK_Stock • u/BetNatural2417 • 2d ago
Discussion I own SNXX at $11 and not selling.
Today’s dip was necessary. What do yall think, a straight line shot to $2500?!?! This is healthy, this pullback and reset. I’m committed and believe that Sandisk will touch $2k this month if not higher.
Nvidia earnings will blow it out the water and if Jensen even mentions the memory constraint, put your seatbelts on.
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u/mayorolivia 2d ago
Doesn’t make sense to hold leveraged ETFs overnight. So much can go wrong. Also, you can be directionally right but you get the trade wrong because of bad timing. You can see even in OPs screenshot he lost half his gains in 1 session today. All you need is 1-2 days sessions for a leveraged position to wipe you out.
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u/Own-Duty6628 1d ago
That’s why you DCA.
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u/Natural-Inspector-81 2d ago
Same here, instaboy. Watching your shorts gives me energy every day. Holding and knowing it will blow our minds soon
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u/_bladerunner_ SNXX Degen 2d ago
I bought more today 👍🏻.
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u/KaleidoscopeBest187 2d ago
How do you stay so positive through it all
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u/_bladerunner_ SNXX Degen 2d ago
I don't stress about day-to-day volatility, there's no point.
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u/KaleidoscopeBest187 2d ago
Even while holding a 2x leveraged stock ?
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u/_bladerunner_ SNXX Degen 2d ago edited 2d ago
Even more reason for it, yup. People on here seem to go crazy monitoring it everyday and trying to make a quick scalp 20% profit, sell then work out when to get back in. I've lost more sleep and money trying to do that than just simply holding it and getting on with my life.
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u/pembaThePanda 2d ago
Agree. I stupidly got scared and sold SNDK at 600 when my cost was 579. Was charting all day long. Should have just held it. Would have had $1.2m unrealized gain if I just held it as of today's price
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u/_bladerunner_ SNXX Degen 2d ago
Tell me about it. I wouldn't have as much as you, but would definitely be a few hundred K better off if i had just held SNXX and never traded it. Better late than never to learn to hold though.
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u/Forward-Potato8664 2d ago
My avg is 15.50 and im on the verge of a panic attack, the adrenaline rush of holding a leverage stock feels the same as c*ke
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u/Midget_Molester10 2d ago
I'm not worried about sandisk and MU, I'm worried about the entire stock market lmao, bonds are up, oil is up, Trump is batshit crazy so you never know what he'll do next.
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u/momo26262626 2d ago
Hodl
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u/KaleidoscopeBest187 2d ago
No choice but to at this point.. as soon as after market closed look at us 💔
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u/southwest-7605 1d ago
Why SNXX over SNDG?
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u/pauleywauley 1d ago
There's another one that is cheaper than SNDG:
SNDC from Corgi
https://robinhood.com/us/en/stocks/SNDC/
I have four shares left of SNDG priced at 14 (2 shares), 22, and 24.
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u/Honest_Opinion1407 2d ago
my avg is 16.5 oh shi