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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 200.32+2.2%Nov 21 3:59 PM EST

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To: Art Bechhoefer who wrote (3686)5/4/2018 5:57:58 PM
From: bigchad  Read Replies (1) of 4828
 
What's changed in the last few weeks other than $20 being lopped off in stock price? Nothing. Exceeded earnings estimates again, guided higher for next Q even though they are sandbagging (listen to conference call), and they are going to earn 20% higher this year over the $12 estimate that they put out last spring for 2017 year which shocked everyone because it was such a great number yet the stock is $20 lower from then. Remember last week when everyone in the world was convinced Apple was going bankrupt, at least that's what you would have thought. Supply chain analysis was awful, Iphone X was going to be discontinued (its their best seller), stock price going to tank (it hit all time high today). Sometimes those in the know don't know anything. I think one of two things is happening. Either WDC is going to come out with some very, very bad news here soon (doubt it) or some big holder is selling. Other than that I don't have much else. I still think patience will pay off.
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