Traded Value[260405] SanDisk Earnings Forecast
No doubt, $Sandisk(SNDK.US) will definitely report impressive earnings on April 30th, and volatility will inevitably increase. The market is surely filled with countless people betting on it exceeding expectations, but I believe this will be its turning point. The peak of this earnings expectation wave will also be its last highest point, and its rally will end accordingly. It might drop after the market closes on April 29th, or it could gap limit up and then drop on April 30th. The price action is highly likely to repeat the pattern around the Q1 earnings release.
Personal observation, welcome to witness, not investment advice.
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