$SNDK -42% since reporting on 10/29 and as ya'll know I'm buying. Rev + 378%, Oper Inc + 30x... Net Inc looks nuts Here's the deal. The stock trades at 6x after ya'll dumped it like mad yesterday. I get why you did that. When the company spun out of $WDC the massive move has folks likely in it, but very tentative to any negative news flow on AI. And that's cool and everything. But the fact is this. If you're wrong (which I'm pretty sure the bear thesis is wrong on AI) then you're very wrong with $SNDK, which only trades at 6x. In the meantime, if we're actually in an early cycle instead of mid or late cycle, then this company will continue to experience massive Gross margins. Maybe not the 85% they got this quarter, but still... massive. And you can actually always just buy back stock. Like, that's a real vibe and at 6x, why not do a bit? Esp if you're gray-haired, your shareholders are that disloyal, and you've seen what happens if you overspend on CapEx. And in fact, they did talk about returning cash to shareholders on the call... Just saying....
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