SNDK Afterhours

mjh · Oct 19, 2006

why is Sandisk still selling (8.43 down) after hours??? Damn I'm never holding thru earning again Crap Crap Crap--now///wheres's my cognac!!!!!!!!!!!!!!

rjv27 · Oct 19, 2006

More sellers than buyers....

mjh · Oct 19, 2006

no0waht I meant was --what market is open that is allowing all the selling?

S2007S · Oct 19, 2006

SNDK down pretty hard. Im sure they will buy it back up and close it back above 55 in a week.

rjv27 · Oct 20, 2006

Quote from mjh:

no0waht I meant was --what market is open that is allowing all the selling?

ECN's

SlackerSS23 · Oct 20, 2006

It's been a large overreaction, in my view.

Based on the results given, Sandisk didn't too terrible. Sure, they weren't the best, but enough to justify a 15% drop? I'm definitely going to try and get in on the rebound.

ByLoSellHi · Oct 20, 2006

SNDK is down over 20% right now.

SNDK: SANDISK CORPORATION - 10/20/2006 10:47:19 AM ET
Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
49.37 -12.36 -20.02% 49.37 [+] 49.38 7 x 5 51.91 32,671,227

There is a huge glut in memory storage.

I'm not convinced this is a buying opportunity at all even though SNDK is getting slaughtered.

slidertrader · Oct 20, 2006

How did it go playing that bounce?

Quote from SlackerSS23:

It's been a large overreaction, in my view.

Based on the results given, Sandisk didn't too terrible. Sure, they weren't the best, but enough to justify a 15% drop? I'm definitely going to try and get in on the rebound.

Bitstream · Oct 20, 2006

Quote from SlackerSS23:

It's been a large overreaction, in my view.

Based on the results given, Sandisk didn't too terrible. Sure, they weren't the best, but enough to justify a 15% drop? I'm definitely going to try and get in on the rebound.

do u have an idea how good and bad reports affect the stock for the followin' day and week? have u drawn some statistics about how large gaps either ways influence movements? strongly reccomended more study.