$Sandisk(SNDK.US)

I still want to remind everyone that SNDK has seen a huge short-term surge, and there's a certain probability that major players will drive the price down around the earnings report. That is, even if the earnings are particularly good, it's a case of 'sell the news'.

It's good for the longs who have made money. I was long SNDK at 600 too, and later shorted it for a few days during the 700-800 range. I realized something was off and closed my short position during a pullback, and haven't shorted it since.

If SNDK's short-term gains are excessive in the future, it might pull back like AMD did, and there could be shorting opportunities there too. You shorted AMD at 354, and now it's at 322, down 10%. Short selling is illegal, huh?

The reason I'm reluctant to short strong stocks is because their trend is consistently upward, that's all. Being used to shorting in the US market makes it easy to get squeezed and lose money.

Of course, SanDisk's big rally is a good thing. In the US market, the main focus is on going long; shorting is merely a tool to deal with downturns. There's no need to attack me in the SanDisk comment section. Are you obsessed with stock trading?

From now on, I'll just mindlessly cheer for it. Long live SanDisk, long live, long live. Is that politically correct now?