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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (39126)3/26/2008 4:20:53 PM
From: FJB  Read Replies (1) | Respond to of 60323
 
Unfortunately not much short interest in SNDK. Lowest in a year

Contrary to popular belief, high short interest is usually terrible for a stock. There have been a few studies that indicate that(just google). If the shorts aren't interested in this one, that might indicate a bottom.



To: sylvester80 who wrote (39126)3/26/2008 4:54:40 PM
From: im a survivor  Read Replies (1) | Respond to of 60323
 
Right. That is because as SNDK has been dropping the shorts have been covering and booking their profits. They know SNDK can rise just as quick as it fell....as it has done many times in the past with fast and large up and down moves.

The lower sndk gets the lower the short position will be. The time to short sndk was higher....not at $20, although sndk could fall more.

IMO, sndk is far closer to a bottom then a top. Cash alone values them at about $8 a share so although it could keep dropping it is becoming a quality value play the lower it goes. Could it fall to $5 a share? Sure it can. And I'll load several boats if it hits that level.......But, I still think SNDK will survive and prosper and if they do then I see no reason why it cant run back or above previous highs which would be very nice gains from this level.

Lets take a poll.......who thinks SNDK is dead meat? A decent company but one whos best days are behind them and whose shareholders will not profit too much in the years ahead? And who thinks sndk will be just fine and prosper while delivering profits to shareholders in the years ahead?



To: sylvester80 who wrote (39126)3/26/2008 10:42:23 PM
From: Pam  Respond to of 60323
 
2/29/2008 12,621,148 8,338,096 1.513673
2/15/2008 13,422,883 8,146,581 1.647671
1/31/2008 12,552,884 12,458,892 1.007544
1/15/2008 13,716,802 10,292,716 1.332671
12/31/2007 13,388,142 6,195,822 2.160834
12/14/2007 15,587,989 6,905,556 2.257311
11/30/2007 14,023,413 6,682,161 2.098634
11/15/2007 13,195,830 8,511,315 1.550387
10/31/2007 13,075,073 16,579,712 1.000000
10/15/2007 13,811,797 9,612,594 1.436844
9/28/2007 18,415,184 7,349,787 2.505540
9/14/2007 21,346,580 9,653,573 2.211262
8/15/2007 24,970,776 13,327,844 1.873580
7/13/2007 25,477,394 8,395,057 3.034809
6/15/2007 24,578,575 7,850,652 3.130769
5/15/2007 21,587,838 8,100,650 2.664951
4/13/2007 22,336,310 9,209,228 2.425427
3/15/2007 21,379,808 10,871,559 1.966582


You can add this for latest number-
03/14/2008 14,431,735 14.35 9,710,191 1.49