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 ...
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 ...
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