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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 207.28-4.2%Nov 6 3:59 PM EST
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To: deepsee who wrote (3930)8/17/2018 11:09:04 AM
From: Unwelcomeguest2 Recommendations

Recommended By
FJB
Sam

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I don't see her posts anymore, but she has already made the mistake of calling the bottom a couple of months ago when it was around $90, if I remember correctly. I think it was 'back up the truck' time or something like that.

Regardless, as you mentioned, there certainly isn't much risk in calling a bottom on any stock sitting at a 5X multiple and the industry press is more or less unanimous in saying the stock is extremely undervalued.

That said, those of us that are individual investors are really not much more than waterbugs scooting around on the ocean's surface characterized by giant waves of money movements created by billion dollar funds. The financial metrics for all of the companies in the market are secondary to whatever the prevailing trend happens to be with the wavemakers and we all think we are outsmarting them by examining the financials.

We are too naïve.

UWG
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