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KJP712
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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • Wall Street Warriors - The SanDisk Trade 0 comments
    Feb 23, 2013 9:21 AM | about stocks: SNDK

    The other night I ran across the old Wall Street Warriors series now showing on Hulu.In this 2008 episode,two hedge fund guys James Ayers and Lance Cooley were promoting SanDisk - SNDK - to their clients.At the time the stock was at 34 after falling from the 50's at the end of 2007.They were able to convince some to average down and buy at the lower levels.Eventually the stock fell down to 5.07 after Lehman Brothers collapsed in 2008.What struck me was how right they were about the stock and it's fundamentals.The problem was the timing of their call right before the Stock Market plunge.Think about starting your trading in 2009 instead of 2007 and the different results that would have occurred.Today SNDK stands at 49.47 the only difference now is time.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: SNDK
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