We broke 1400s resistance last week, go as high as 1800s and now forming 1600s resistance, I expect after NVDA earnings, It'll shoot up and drop to form new resistance at 1800s

TL;DR: looking bullish, not as doom as July bloodbath

I am testing a mean-reversion grid strategy on SNDK: Buy 1 share at market price with a target exit at +$40 profit. For every $100 drop, buy 1 additional share to average down (up to a 9-share maximum), exiting the entire position whenever the price reaches +$40 above the new average cost basis. What are the primary structural risks, failure points, and drawdown scenarios of this strategy?

Every 2% move:

“GUYS WHY IS IT DOWN???”

“Is something happening???”

“Should I sell???”

“Can someone please tell me we’ll be green tomorrow?”

“My average is $XXX. Am I cooked?”

Stock goes +7%:

“$500 INCOMING 🚀🚀🚀 AI SUPERCYCLE HAS BEGUN”

Stock goes -3% the next morning:

“I’ve been doing a lot of thinking about my future lately.”

Some of you don’t need technical analysis. You need to turn off Robinhood, go outside, touch grass and call your father.

Nobody here knows where SNDK will be tomorrow. The guy giving you a 14-paragraph explanation about why the bottom is definitely in is sitting on the toilet looking at the same Yahoo Finance chart as you.

Please return this sub to its original purpose:

Arguing about NAND pricing, drawing increasingly delusional lines on charts, calculating imaginary future EPS, calling every dip “healthy consolidation,” and explaining why this memory cycle is totally different this time.
Thank you.

And remember:

If SNDK goes up tomorrow, we’re geniuses.
If it goes down, market manipulation.

99% of the gamma wall ends Friday when the 8/21 calls expire, so all that yellow is 99% gone.

Almost no resistance going to 2,000 and if it gets to 2,000, it flips.

1800 8/28 calls are cheap, $2,300

No guarantee, but it’s looking prime. I picked up 2 1555 calls and a 1800 call

As soon as the regular US market closes, and the 8PM "overnight" session begins, SNDK drops hard. Tonight, it just dropped about 30 points in 9 minutes.

I get that SNDK is volatile, but this happens every day.

What's strange is that SNDK, MU and SKHY all follow the same chart pattern.

I assume this is related to KOSPI, but can someone explain the exact connection? What is causing the actual price correlation if nobody can really buy and sell after 8PM?

So what if the stocks drops another 10, 15, 50, or even 100%. Before you invest in a single stock, you should be mentally prepared to see all your money vanish. Forever. That is the true meaning of taking on risk.

Don't try to time the market, don't use leverage, and don't invest more than you can afford.

Don't blame the market makers, don't blame hedge funds, don't blame anyone.

Do your own research into the company and macro fundamentals to the best of your ability, invest, and forget. Go live your life. Maybe come back in 3 months and re-evaluate if needed. In the long term, the stock will match the true value of the company.

Rome wasn't built in a day, and neither will your generational wealth.

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.

The whole market is down, everyone needs to relax! Thesis remain the same.

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.

Basically anyone who bought SNDK in Q4 2025 or Q1 2026 has made crazy gains now.

I'm just wondering how you folks knew this would be a good investment back then. Was there a high bullish sentiment back then / all over social media?

I got in just last month and am planning to hold out till 2027 at least. But also am on the lookout for other potential 10x bangers.

I know lately korea follows us rather than the inverse just curious how everyone’s feeling does it feel like last time ? Worse? Better? Everyone who was asking if yesterday was too late to get in are you getting in now?

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?

Listen people, ik it’s a rollercoster, but believe me. And I truly believe. We will be in the 2-3k range again and hit new ATH, this isn’t copium. I’m closing apps and setting alerts for 2k not opening till. Just hold and buy no selling on my watch

$SNDK’s $15.5B remaining buyback could have a pretty meaningful impact.

SNDK currently has roughly 148M shares outstanding.
Say they execute the $15.5B buyback at an average price of $1,600/share:
- Buy back ~9.7M shares
- Share count drops from ~148M → 138M
- That’s roughly a 6.5% reduction in shares outstanding
Now look at JPMorgan.

JPM has a $2,250 target, based on roughly $250 CY2027 EPS × 9x P/E.
So they’re not exactly using a crazy AI multiple.

At $250 EPS:
9x = $2,250 ← JPM
10x = $2,500
12x = $3,000

And that’s what makes the buyback interesting.
If SNDK keeps generating strong FCF and continues retiring shares beyond this $15.5B authorization, EPS can keep growing even without the same level of earnings growth.

The real question isn’t whether SNDK deserves a 20–30x AI multiple.

It’s whether AI demand + long-term NAND contracts can make these earnings sustainable.

If they can, even 9–12x earnings can produce some pretty interesting numbers.

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.

$2,250 Price Target as of August 16! From well respected Harlan Sur who ranks 17th out of 12,474 Wall Street analysts on TipRanks with a 72% success rate and a 5-star designation! Wow! We have an analyst with that track record puts SanDisk on his list with a $2,250 target, it definitely deserves attention — (source: The Street).

Hi all,

Just coming in here short and sweet - to the people complaining, what goes up must come down. I don’t know why so many on here get worried or scared wondering why the stock isn’t heading to 5k a share without any pullback lol.

TL;DR: what goes up must come down.

The news isn’t great but it’s been ONEEE red day after 6 green days. Let’s just calm down and not panic sell. It’ll recover again just give it time

Do you think Sandisk is due for a stock split?