SNDK 2X Short ETF

$Sandisk(SNDK.US)

1️⃣ After I sold around this price, the stock stayed highly volatile, reflecting both profit taking and ongoing optimism about AI driven memory demand. Analysts remain broadly positive on this stock, with many maintaining buy ratings and targets above current levels.

2️⃣ Despite the recent rate hikes and other macro headwinds, I am still watching how the market responds to its exceptionally high share price.

3️⃣ The business outlook remains strong, but great companies can still become expensive if expectations run too far ahead. I want to see whether buyers continue accepting high valuations in the new rate environment, they often do not return to previous levels, but that does not guarantee a stock cannot face meaningful corrections before moving higher again.

$Sandisk(SNDK.US)

Oh baby you too will be falling down 🎢

Context

SanDisk Corporation (SNDK) has undergone a massive structural shift since completing its official separation from Western Digital. Now trading as an independent pure-play AI memory and high-performance NAND storage provider, the stock experienced a meteoritic +1,600% run over the past year before enduring a severe 35% drawdown from its summer high of $2,354.39.

Despite the technical cooling off, SanDisk’s underlying business metrics are powerhouse level: the company reported fiscal Q4 revenue of $8.97 billion (a 372% year-over-year surge), an industry-leading non-GAAP gross margin of 84.6%, and secured an astronomical $93.9 billion backlog via multi-year contracts with 8 core hyperscalers (including Meta). Essentially, memory is shedding its historical “cyclical commodity” discount and re-rating as critical AI enterprise infrastructure.

My trade

Given the massive gap between the company’s stellar fundamentals and the recent technically-driven chart drawdown, I executed a Buy the Dip strategy:

Entry Point: Will load on more shares heavily as the stock bottom out near the $1,500 – $1,550 support band, capitalizing on the panic sell-off triggered by temporary sector-wide macro rotations.

Takeaway

SanDisk is no longer a legacy flash drive producer; it is now fully entrenched as a structural AI infrastructure engine. The massive multi-year contracts provide predictable revenue visibility that is practically unheard of in traditional cyclical semiconductor history. With management holding a robust, debt-free balance sheet and ample runway for extensive share buybacks, the fundamental bull case remains incredibly strong.

Traders should ignore the short-term noise and use steep drawdowns to accumulate exposure, keeping a close eye on whether upcoming guidance can continuously sustain these historic 80%+ gross margins.

$Sandisk(SNDK.US)

Recently after news about

AI safety

Add

Imposed add 77% new hikes.

Add

Another Oct new hikes, likely increasing

Sub

No other good news is call total bad news…

Therefore, money say USD1 is equal to Buying power of more than 1 but less than ❓⁉️

All selling assets = higher value.

What does investors re assess the

Add higher selling assets there4 must equate to

Add increasing revenues or booked in sales minus lower valuation since buyer power of USD 1 becomes higher.

Shown : fear of buying this stock last few days after news breakout, it is unable and most unlikely to shoot up above USD2000 level unless

Add

Any more good news to cushion over all the bad news.

Whether or not software not affected is still the same, the buying value became higher already.

Trump has just rejected Iran’s 7-day ceasefire proposal which offered to reopen the Strait of Hormuz and resume nuclear talks in exchange for lifting the U.S. port blockade.

Trump reportedly expects to launch a renewed U.S. bombing campaign after the November midterms, extending the 209-day conflict.

Source- Wall Street Journal

Just got my first payout from the new Original Content Rewards program!

I think this market weakness will spillover to October. Singapore's inflation is now over the annual 2% target and unemployment period is also getting longer, a potential warning for the foreseeable future.

Markets movements will be clearer as we come to the end of the month. Unsure if it is directional bearish or bullish but if the macro problems are persistent I do not think we will have big rallies but might have sudden drop. DCA slowly into stocks to participate in the market and chill over the weekends.