Ausdauer,
Same is happening to a lot of semi stocks, the group that the market lumps SNDK into. Cf an earlier post, where I pointed to leading semi companies--established companies, with relatively long histories of making money, dropping close to or below book, and in some cases BELOW cash value (ASYT, now down to a little above 6, with about $7/share or a little more than that in cash). Cf. also CHS (symbol HS), an electronics distributor, which now trades at a PSR of around .03, or a little more than that. Bargains galore are being created here for those with some cash and strong stomachs.
Good luck,
Sam |
