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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 223.28+3.8%Nov 28 9:30 AM EST
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From: SiliconAlley11/21/2017 10:39:32 AM
   of 4833
 
Stock up this morning on relatively low volume, on reports that outside investors may pressure Toshiba to change their ways. Those who have stepped aside may be tempted to reenter, however my recommendation is to avoid doing so at this time. This stock remains purely speculative, with lack of required long term supply.

An appropriate long term supply agreement is required for this to become investment grade material. Recommend avoiding the stock unless WDC announces that such an agreement has been reached. The stock would trade at a higher level on such an announcement, but deferring any purchase avoids the excessive risk currently in this stock. Without such an agreement, limited upside, downside 60.
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