Replies to post #269614 on Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

RE SNDK

Do you think more pop in SNDK based upon clarification on margins going forward or is $24 where we stop.

I think from that snippet I posted yesterday that card prices dropped 17% as of Jul 1.

[nancy2]

the MP is no longer between 36 and 37, fwiw.

it is more like 35.5 to 36.

[nancy2]

the MP is no longer between 36 and 37, fwiw.

it is more like 35.5 to 36.

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=20309847

he has designed a spreadsheet based on the theory of the MP site, and charts it every morning when the prev day OI numbers are available. so i believe the result is more timely than that website.

[Avru]

Hi Zeev,

usually QQQ or for that matter when very liquid stock is far away from max pain, they take it further apart rather than taking it towards the max pain. In about 2 days we will know for sure.

Response to SNDK earnings will be interesting to watch. Listening to the conference call (first time), I thought that there were couple of things which might trouble the street;

Backend loaded quarter (if summer is going to be dull... why is it backend loaded). OEM sales were down but retail was up. I actually think this is a negative. I will be watching $25 level to play it as it goes.

Good luck.