I do not think you will see it at $15, of course, I am known as the great optimist, and have been wrong before, but I believe that here at around $19 to $22, SNDK is a steal, and within six months, you have a very good chance to have yourself a double bagger if not a triple bagger. I hate to disagree with my friend Larry on this, but his $10 suggestion a few days back is close to $3 under the book value of SNDK. Now, in the next few days, is a very good time for LTB&H to get on board of this stock and enjoy a good stretch of exilarating ride up the elevator. I know the ride down was painful, but only when refusing to get off (g).
Good luck to all. Limtex as well, time to come back and serve yourself some cheapies blue chip growth company.
Have I ever sounded that bullish about SNDK? Yes once, when it dropped for no reason to $40, before the ride back to $100, but then, I did not invite everyone for a "long term" party, this time, I say buy here and do not despair even if for a very short swing it drops under $19.
Zeev |
