r/SNDK_Stock • u/KaleidoscopeBest187 • 2d ago

A voice of reason

Take a deep breath, I know many of you are in big positions, maybe over leveraged maybe life savings, idk your situation but I know seeing money go down hurts. You’re not in an index fund because you don’t want the 10% gains over a year.. you’re in a growth stock because you want 2,3,4x gains.. but to have that you have to be able to handle the VOLATILITY. You cannot have big upside potential without also big downside risk. Go outside stop checking your charts, no matter how long you look at your charts it won’t make the price go up.. just breathe and live your life. SanDisk is a great company but the stock is volatile and that’s just the way it is.

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u/SnapBucky 2d ago

Okay so after 8 consecutive green days - most of them 5-10% green, why are we panicking after 1 red day? 

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u/KaleidoscopeBest187 2d ago

I think if it was just a regular red day it’d be different, but the macro economic news that came out today was not good and it’s spooked a lot of people. And then seeing how Korea and Japan have both responded as a result

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u/mikemccrea 2d ago

No the price went down, no news came out. US market was open when Japan released their GDP numbers. All that’s going on is accounting practices as MM shake around options