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Technology Stocks : Semi Equipment Analysis

SOXX 309.36

+2.2%

4:00 PM EST

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Donald Wennerstrom

oldbeachlvr

To: Donald Wennerstrom who wrote (80594)	7/26/2018 1:01:07 AM
From: Sam	2 Recommendations of 95520

This used to happen with alarming frequency with Sandisk. At some point in August or Sept, some analyst would come out with a report that claimed that NAND pricing was weak, there was a developing glut and people had better sell. And sell they did. Later--usually at the next earnings report--Sandisk would report that there was no glut and all was OK. The stock would shoot back up again. That must have occurred at least three or four times. Of course, occasionally, the bear call was correct and the stock would sell off even more. I know that somewhere in 2012 or 2013, I think it was, I wrote a post or two showing how this had worked over the years. I'm too tired to try to find it now, maybe later, over the weekend if I get ambitious. IMHO, now that Sandisk is part of WDC, Micron has become the new Sandisk. A plaything for lovers of volatility.

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