Shorting SNDK?

Discussion in 'Stocks' started by CalScholar, Feb 27, 2007.



  1. just for the sake of another side, isn't it a little late to start shorting after we've already hit 36? Furthermore, it didn't break the old support with all that much conviction. Otherwise, it would be 30 by now.

    This is either a good long or dead money right now.. Not a good short.

    ICE at 167 was a great short.

    that said, its a tough stock to trade, because its essentially a proxy to a view of commodity demand.

    and I'm calling a low on NAND (in margin, not price per/gb).
     
    #51     Mar 8, 2007
  2. I admit defeat on this trade, maybe I can trade the breakout to the upside after a pullback :(
     
    #52     Mar 8, 2007