I think anything short of SNDK declaring world peace is priced into the stock. It is just impossible to say where the momentum will end. IMO, there may be a bump to run the stock higher as the 13th approaches, but I wouldn't be looking for anything special just from that.
In their last earnings report, they said they were capacity constrained. I would not be surprised to see a disappointment there, which would begin a retracement of at least 38% of this massive run.
This run has been a thing a beauty, but I will get some puts on it at some point. A simple 38% fib retrace is good for over $20 at this point. One doesn't even have to be bearish on the stock at all to play a pullback for a nice chunk of change. But, when that happens is anyone's guess.
Could the addition to the NDX be that turning point. I doubt it, but anything is possible.
GT
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