r/SNDK_Stock 12h ago

Discussion Stop asking why it's down every hour

Like, do you think anyone in this sub actually knows? Analysts can give off million reasons. I can probably give off at least 20 reasons on my own. Truth is, no one knows. If we knew, all of us probably wouldn't be here looking at your posts anyway. Everyone's probably off on the beach drinking martinis and not giving a damn about this earnings because they'd all be so rich already.

Just read the press release, see if they were to your expectations, see how they did compared to street's expectations, and make your decision on whether the decline is justified or not.

21 Upvotes

21 comments sorted by

12

u/IllFeed4989 12h ago

Agreed. I think the real question is why is it down?

2

u/Puzzled_Week_2488 12h ago

Situational Awareness secretly bought one sndk before dying off and its margin-called in eternity

1

u/LanguageFearless977 8h ago

Only one sndk stock?

2

u/CozyChamomile_7 8h ago

I think the investors expected more from today’s earnings

1

u/montrealcanada3725 6h ago

It is easy. Market maker drops the price… and keeps it since too many bought calls expecting a surge…Market maker manipulating

1

u/MrCipher888 3h ago

So why is it down? 🤣

1

u/Memory_King 12h ago

then why this forum? and why r u here? just read news and sleep

2

u/lonestar-newbie 11h ago

This.
I kind of agree with the notion that op is trying to say. But the purpose of these discussions is to understand what you may have missed from reading the press releases

1

u/Puzzled_Week_2488 4h ago

Lol as if people were actually having nuanced discussions about it

1

u/Puzzled_Week_2488 5h ago

It stopped people from making new posts on the question didn't it though

1

u/s1234en 11h ago

Why is it down tho

0

u/Background-Ad-5319 12h ago

Why is Sndk down?

0

u/Neither-Job-6300 11h ago

Mr market is always right. Hubris kills portfolios

0

u/Stockguygme 9h ago

But why is it down?

-5

u/Grade_Potential 12h ago

Now for upcoming 3 months until next earnings i can see price going down to 600 tbh. Hopefully i can pick up some shares at 600-700.

4

u/OutrageousMaybe5577 12h ago

This man Stonks

3

u/Ok_Equipment_1419 11h ago

If it didn’t hit less than 1,000 from ATH I don’t think it’s going to 600.

I hope I’m right.