“SanDisk faces continued near-term selling pressure as hedge-fund deleveraging triggers margin-call liquidations, though bounces may punctuate the decline.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
they are now in a point of liquidating. And that's forced selling due to margin calls. there's going to be continued selling pressure with some bounces in the near term because of this deleveraging event.
I I did own Sandisk as I told you guys in the smart money stocks portfolio. I did take profits on it when it popped up about 20% or so.
The structured call
The receipt
Publish-day price $$1,288.03 · the claim is anchored to the moment it was said.