Trade Idea - Sandisk
Enviado: 23/11/2008 13:54It's hard to believe but the share price is falling nearly 75% since mid-September. The technical chart looks oversold short term. A move higher on Friday of more than 5% showed some life. A move above $6.15-6.30 would make things interesting short term. Based on the latest earnings report, I would keep a tight stop on any long position.