Hello everyone! I've dug out the article from before the Chinese New Year, which already stated my viewpoint. I remember later posting an article saying it would surpass $1000 around the earnings report.
On December 21st last year, my article said: "In 2026, SanDisk's stock price will be above $700, and Micron Technology's above $500. The key point is 'above'." At that time, someone confidently claimed SanDisk would fall to $50 in 2026, citing reasons like SanDisk being a consumer cyclical stock and lacking its own factories, etc. Many people in the community know about this; that article is still there, and the comment section conversations remain.
Now I'm bringing this up not to show how accurate my prediction was—that's meaningless to me. I want to express my bullish outlook on SanDisk and Micron. Making money is what truly matters. My current SanDisk position size is the highest it's been since I started trading SanDisk, and it has remained so for a week, demonstrating my firm conviction in holding the stock. The semiconductor 3x ETF has risen for 18 consecutive days, with a gain of 200%, which says it all. Who will be left out of the market's celebration!
The above is just a personal opinion and should not be taken as investment advice. Market risks are borne by the individual!
$Sandisk(SNDK.US)$Micron Tech(MU.US) The medium-term trend is bullish, with short-term adjustments for drawing K-line charts.
*****The New Year is coming soon, first of all, I wish everyone a happy Spring Festival, good health and happiness, and to make a lot of money this year.
Today, let's talk about how people can only make money within the scope of their knowledge.
*****Whether doing business or trading stocks, the essence is the same, and this is related to a person's knowledge. If a nouveau riche's knowledge cannot keep up, the money comes and goes quickly. Stocks can also go on a rollercoaster ride. This logic applies to the vast majority of people.
*****Let's talk about SanDisk and Micron Technology. Their fundamentals are the same. Because the market cap gap is huge, their stock characteristics differ. At the same time, SanDisk's growth is also better than Micron's, so it's normal for SanDisk's stock price to be more elastic. Some people insist on attributing it to other reasons, that's their personal freedom.
*****People's understanding of the market also varies. Some say the cycle has peaked and are going short, others talk about $1000. I said last December that it would reach above $700 this year, and now I'm saying above $1000 in the first half and above $1500 in the second half. That's my understanding of the market. Right or wrong will ultimately be verified by the market. Right now, there are just different bullish and bearish views.
*****Some recommend BE, others recommend LITE, etc., all are relatively active small and mid-cap stocks in the AI infrastructure industry chain. Are their performance and growth better than SanDisk's? Reasons vary, some talk about moats, some about cyclicality. It's just about finding a reason to prove their point is correct. But whether a view is correct isn't up to them to say, it's proven by the market. If SanDisk has peaked, I don't believe other stocks in the AI infrastructure chain can remain unscathed.
*****Whether it's cycle theory, moat theory, or AI theory and Yangtze Memory, ChangXin Memory theory, these are all objective, open cards. Media reports and investment bank research are a mix of truth and falsehood, substance and illusion. The amount and depth of homework done will also lead to different views, different reasoning results, and different bullish/bearish operation methods.
*****Being bullish and going long, being bearish and going short. Precisely because there is disagreement in the market, the market moves up and down and continues to develop. In the end, your knowledge determines your wealth!
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