SNDK - Sector: Technology---Industry: Computer Storage Devices

[setravis]

"SNDK" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.        
All history on a stock pick in 1 thread is awesome.        
Even if the thread has not been posted in in more that 120 days, post to "run an update" the thread is alive again......Why create a new one.... 
The use of some common sense, you will know that you post are where they are,1 stock , 1 thread, not hard to find  !! 
Thank You....and good luck with all your trades....make some $$$     



I will leave you today's chart.......
   

[boatguy]

Bottom?

SanDisk rolls out flash hard drives for laptops

http://news.com.com/Sandisk+rolls+out+flash+hard+drives+for+laptops/2100-1041_3-6147032.html

[boatguy]

Moving up

[daiwa]

Both, flsh + sndk should rally in here now. There are many stocks now in cubes should perform well like Intel, Applied Materials and Juniper.

[nutsterrt]

In case anyone didn't notice, SNDK is getting creamed after hours following their earnings and guidance. Shorted at 41.24, doubt I'll be holding through the night. Will set stop cover at 39.50.

GLTA!

EDIT: Covered my 500 shares at 38.40 for a gain I'm unsure of, as I still don't really know how to calculate percentage gains on short positions 

[Terliso]

In case anyone didn't notice, SNDK is getting creamed after hours following their earnings and guidance. Shorted at 41.24, doubt I'll be holding through the night. Will set stop cover at 39.50.

GLTA!

EDIT: Covered my 500 shares at 38.40 for a gain I'm unsure of, as I still don't really know how to calculate percentage gains on short positions 

Nutsterrt,

You shorted 500 shares of SNDK @ 41.24

Shorted  41.24 * 500 = 20,620
Covered 38.40 * 500 = 19,200
20,620 minus 19,200 = 1,420 or 6.89% gain <-- your profit

[nutsterrt]

Nutsterrt,

You shorted 500 shares of SNDK @ 41.24

Shorted  41.24 * 500 = 20,620
Covered 38.40 * 500 = 19,200
20,620 minus 19,200 = 1,420 or 6.89% gain <-- your profit

Ahh, it's gains divided by short sale amount. I could never figure out whether you divided by the cover or sale value. Very helpful. Thanks Terliso! Applause for your help.

[Terliso]

You can also check your percentage gain at this website, just plug in
$41.24 to $38.40 and you will get 6.89%.

http://www.marshu.com/articles/calculate-percentage-increase-decrease-percent-calculator.php

[la-onda]

update:
1)
SanDisk upgraded to "sector outperform"
Monday, July 16, 2007 9:29:29 AM ET
CIBC World Markets
NEW YORK, July 16 (newratings.com) - Analysts at CIBC World Markets upgrade SanDisk Corporation (SNDK.NAS) from "sector perform" to "sector outperform."
The target price is set to $65.

2)
SanDisk downgraded to "neutral" - update

Monday, July 16, 2007 3:17:20 PM ET
UBS
NEW YORK, July 16 (newratings.com) - Analysts at UBS downgrade SanDisk Corporation (SNDK.NAS) from "buy" to "neutral," while raising their estimates for the company.
The target price has been raised from $53 to $60.
In a research note published this morning, the analysts mention that although the improving NAND demand would result in encouraging 2Q results and revision in the 2H estimates, this is largely reflected in the company's current share price. The pro forma EPS and revenue estimates for 2Q have been raised from $800 million to $871.2 million and from $0.16 to $0.23, respectively, to reflect higher gross margins and ASPs. The EPS estimates for 2007 and 2008 have been raised from $0.50 to $0.59 and from $1.50 to $1.55, respectively.
Chart:

[WallStreetnBio]

Triple Bottom

Might be bought by INTC

[WallStreetnBio]

I expect some near term resistance in the $45-46 range because of the moving averages falling.  Long term I'm still bullish though. Positive catalyst is the CEO just bought 50,000 shares.

[notbeln]

Do we have buying opportunity here?
SNDK is now at book value!

http://finance.yahoo.com/q/ta?s=SNDK&t=5y&l=on&z=m&q=l&p=&a=&c=

http://seekingalpha.com/article/81734-sandisk-will-samsung-help-or-will-intel-hurt?source=yahoo

[setravis]

"SNDK" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                   
All history on a stock pick in 1 thread is awesome.                                                
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                   
Thank You....and good luck with all your trades....make some $$$             

[notbeln]

Well well well 
Missed

[setravis]

Sandisk Unveils New Products...
Friday September 16, 2011

Storage solutions company Sandisk Corporation (NasdaqGS: SNDK) recently rolled out a number of retail products and introduced a new preservation solutions category. SanDisk's product portfolio addresses all market segments—from mobile phones and cameras to notebooks and tablets—and use cases ranging from entry level to professional.

The recently released product categories include SanDisk Memory Vault: a new product that is tested to preserve images in their original quality for up to 100 years. 64GB SanDisk Extreme Pro SDXC UHS-I Card, which doubles the performance and capacity of its professional-grade imaging line-up to create a new SD card based on the latest SD 3.0 specification's Ultra High Speed (UHS) bus architecture.

Moreover, the company unveiled 64GB SanDisk Mobile Ultra micro SDXC Card, which will enhance the capacity of even the most advanced smartphones and tablets.

Apart from rolling out hard drive storage products, the company introduced Sansa Clip Zip MP3 player, the latest addition to the popular SansaClip family of products. Sansa Clip Zip MP3 player is a user-friendly, feature-rich music player with attractive pricing and is expected to gain massive popularity amongst music lovers.

The Sansa Clip Zip MP3 player offers rich sound quality and is compatible with all major music formats, including the AAC codec (DRM-free iTunes compatible). Moreover, the product comes with a new 1.1-inch LCD color screen, which offers 83.0% more viewing area than previous models. Its updated graphical interface displays album art and makes song navigation easier.

The company is slowly expanding its product portfolio, and has introduced products catering to a variety of customers. According to the terms of the recently-signed deal with ASUS TeK, ASUS will use SanDisk's recently launched U100 solid state drive (SSD) in its upcoming UX Series ultra-thin notebook. We believe the new products will help the company win new deals and counter competition.

SanDisk posted decent second quarter 2011 results, surpassing the Zacks Consensus Estimate. Both OEM and retail businesses improved, enabling solid product revenue. Though revenue guidance was decent, margin guidance disappointed, as SanDisk continued to witness memory price declines and currency headwinds.

We understand that demand for flash memory could grow in the coming years, backed by the popularity of devices such as smartphones and tablets. Apple Inc.'s (NasdaqGS: AAPL) iPad being one of them. But we believe that slower cannibalization of PCs would slow down the demand for SanDisk's memory products and rationalize revenue growth. Customer concentration, competitive pressure and the European weakness are other headwinds for the company.

Technicals
13-day EMA Cross Above 50-day EMA
Most Actives

Last Price Quote is:
7.87%above 13-day EMA
8.83%above 50-day EMA
RS Rating: 62