After the close, Samsung announced $26 cash bid for SNDK. The offer is not contingent on financing.We believe there is a distinct possibility of a competing bod from Toshiba. On the other hand there ...
CONSIDER PARTIAL SELL SNDK (SANDISK)
Recently, we warned against shorting SNDK and recommended buying SNDK around $13 due to possibility of a buy out. Today Korea's ETimes reports that Samsung may be considering buying SNDK. Our sources indicate that report ...
CAUTION AGAINST SHORTING SNDK ( SANDISK )
As our readers know, we have been very negative on SNDK and have made money shorting it.Today stock dropped $1.79 following cautious comments by Citi. Citi's comments today are similar to our concerns provided to ...
BUY TO COVER AFFX,WFR,KEY,ANAD,GE,SNDK,IBN,MOT
Using our methodology, all of our short positions with the exception of VMW, AMLN and RHBBY should have been covered by now. If not fully scaled out yet, we suggest aggressively covering AFFX, WFR, KEY, ...
SHORT SNDK ( SANDISK )
Wall street is underestimating the price pressures in flash memories and overestimating the demand. Further our proprietary indicators show that aggressive money is accumulating Sandisk. These bulls will be trapped and rapidly exit their positions ...
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