why is Sandisk still selling (8.43 down) after hours??? Damn I'm never holding thru earning again Crap Crap Crap--now///wheres's my cognac!!!!!!!!!!!!!!
It's been a large overreaction, in my view. Based on the results given, Sandisk didn't too terrible. Sure, they weren't the best, but enough to justify a 15% drop? I'm definitely going to try and get in on the rebound.
SNDK is down over 20% right now. SNDK: SANDISK CORPORATION - 10/20/2006 10:47:19 AM ET Price *Change *% Change Bid [tick] Ask BxA Size Open Volume 49.37 -12.36 -20.02% 49.37 [+] 49.38 7 x 5 51.91 32,671,227 There is a huge glut in memory storage. I'm not convinced this is a buying opportunity at all even though SNDK is getting slaughtered.
do u have an idea how good and bad reports affect the stock for the followin' day and week? have u drawn some statistics about how large gaps either ways influence movements? strongly reccomended more study.