u/Big_Bad_Fish11 ·
Reddit — r/wallstreetbets
· February 25, 2026 at 23:59
· ⬆ 32 pts
· 💬 78 comments
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Summary
The post discusses the recent price action of SNDK, which has seen a significant run-up followed by a sharp drop after a short report from Citron and NVDA's earnings release.
The author is holding shares of SNDK, is concerned about the recent downturn, and is questioning whether the stock's growth is sustainable or if they should sell to cut losses.
Quality assessment: This is speculation and a request for community opinion, not well-researched DD. The author is reacting to recent price movements and news events.
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This stock has had a really impressive run that was halted rather abruptly by Citron's short yesterday. However, the company is still experiencing a significant demand for its memory units, and with NVDA's earnings as somewhat of an indicator, demand should continue to grow. But is it sustainable for a stock to continue to perform like it has over the past year?
There was a lot of speculation that SNDK would hit $1,000. As I type this right now it is falling pretty precipitously off the backs of the NVDA earnings, which is concerning, especially in addition to Citron's short report yesterday.
I'm holding 50 shares of the stock at a $636.50 average and am considering cutting my losses in case this falls back under $500.
Curious to see how you see the stock performing in near term and longer term.