SNDK Afterhours

Discussion in 'Stocks' started by mjh, Oct 19, 2006.

  1. mjh


    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!!!!!!!!!!!!!!
  2. rjv27


    More sellers than buyers....:D
  3. mjh


    no0waht I meant was --what market is open that is allowing all the selling?
  4. S2007S


    SNDK down pretty hard. Im sure they will buy it back up and close it back above 55 in a week.
  5. rjv27


  6. 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.
  7. 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.
  8. How did it go playing that bounce?

  9. 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.