To The Moon

$SanDisk Corp.(SNDK)$ CEOs at some of the most successful companies in modern times keep saying memory demand is outstripping supply for at least 3 years. Prices have already moved higher and continue rising as demand grows year after year. SNDK is trading at a PE under 10. This company looks massively undervalued.

$SanDisk Corp.(SNDK)$ SNDK. Base needs to move to the $1,850 range.

$SanDisk Corp.(SNDK)$ Sellers look like they are running out of shares to move, or at least running out of room to sell while staying in the money. Selling pressure has been getting weaker. I think we could see 2k by September 15, about two weeks out. Mark this post.

$SanDisk Corp.(SNDK)$ Management just said they will do $10-$15 billion in share buybacks every quarter for the next two years. Being short here has to feel uncomfortable.

$SanDisk Corp.(SNDK)$  Shorts are going to get destroyed.

$NEBIUS(NBIS)$ $SanDisk Corp.(SNDK)$  Shorts are going to get burned here. There have already been a couple of pop-and-drop moves, but the next one looks like it could keep running higher. They're playing with fire.

$SanDisk Corp.(SNDK)$ Looks like Dell's after-hours earnings slipped under the radar today, similar to how the MSCI news went unnoticed yesterday.

$SanDisk Corp.(SNDK)$  I had my upper line in the wrong place because my phone screen is too small to see the whole thing. We could push up another 20 bucks if we wanted, and make the handle here on the 1hr chart. Probably some consolidating between 1620/30 and 1580/70ish for a while. Then back to at least 1825/1936.

$SanDisk Corp.(SNDK)$ Very positive day for us. I think we could move up sharply higher in September.

$SanDisk Corp.(SNDK)$  Being added to the MSCI index is what drove this. Institutions were buying. The next open should be rough for shorts, with a lot of covering likely, especially if there's leverage involved. It wouldn't surprise me to see a 10% gain right out of the gate.