
$Sandisk(SNDK.US) down another 6% on the second day of the memory profit-taking. two weeks ago it had a $3,000 target and everyone was a genius, classic crowded-trade behaviour. i trimmed above 2000 and i'm not chasing it back down. NAND is still tight but the tape says take a breather. holding a smaller core, waiting for it to base.
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