$SanDisk Corp.(SNDK)$ I'm long 200 shares and down high six figures... correct my math if it's wrong.
If Sandisk drops 10% a day, that means the stock is worth essentially zero dollars by next Friday, right?
At some point, these institutions have to buy the stock, don't they? I mean, they have reputations to maintain, and investors to answer to. This stock is almost fully owned by institutions — it's not a retail play like Micron.
So what the actual f?
Down 46% in 5 weeks.
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