To The Moon

$SPDR S&P 500 ETF Trust(SPY)$ $iShares Semiconductor ETF(SOXX)$ $Advanced Micro Devices(AMD)$ $SanDisk Corp.(SNDK)$  The opening gap has closed. Time to drop the inverse positions and get moving. Bring it up now.

$SanDisk Corp.(SNDK)$  Does anyone who owned this when it traded below $150 actually still hold those shares? I can't imagine not selling once it went above $2,000. I doubt such an individual exists. Prove me wrong.

$SanDisk Corp.(SNDK)$ Just picked up 8 more shares at $1,250. Couldn't help it.

$SanDisk Corp.(SNDK)$  If you're holding it at a much higher cost basis, this looks like a reasonable point to average down.

$SanDisk Corp.(SNDK)$ Before earnings, I don't expect anything dramatic. There isn't enough volume to break below the $1300 support, and not enough strength to break above the $1700 resistance. That said, SNDK is projected for $400 EPS/year for many years, so the share price looks hilariously undervalued right now.

$SanDisk Corp.(SNDK)$  Current price looks like an early Christmas gift. The stock traded at $1,906 on 9/22 before the F.U.D. around CXMT started. It should be back above $1,700 by the earnings report on 10/29. Record earnings and an additional stock buyback are still to be announced. Bank of America has a $2,500 price target.

$SanDisk Corp.(SNDK)$ Futures are up. KOSPI is up. SMCI pre-guided higher. SPCX smashed earnings. META earnings are coming up. Sandisk looks set to move higher as well.

$SanDisk Corp.(SNDK)$ Cluster of 9/13 signals triggered again. Last time this showed up was quite a while ago, and price ran from 35 to 280, then kept going.

$SanDisk Corp.(SNDK)$ I've been holding SNDK and MU for more than 16 months now. The biggest catalyst for me is when shorts push fake news and run their usual tactics, I just keep buying more shares.

$SanDisk Corp.(SNDK)$ The one-year analyst targets for SNDK span $1,000 to $3,600, roughly 27% downside to 162% upside from $1,375. That wide spread shows considerable disagreement. The source labels its analyst data last updated October 9, so these targets largely precede the latest selloff. Analysts' current average target is about $2,173 over the next 12 months, roughly 58% above its price of about $1,375 this afternoon. Beyond that, I couldn't verify a published analyst consensus for time frames further out. Welcome to the casino. I'm leaning toward better than 15% in 12 months from here. I have modest goals.