Tuesday, October 20, 2009

SanDisk Blows Thru 52-Week Highs (SNDK)

You probably already saw how much SanDisk Corp. (NASDAQ: SNDK) blew through its earnings estimates.  We have full details over at 24/7 Wall Street but essentially all we care about now is the reaction now that shares have been frre dup to trade at 4:25 PM EST.  At 4:34 PM EST we have already seen some 2.35 million shares trade hands and the stock is up 10.85% at $23.81.  Unless it adds in some cautious calls in teh conference call, this will be a top gainer to watch in Wednesday morning early trading.  The prior 52-week high was $23.20.   JON OGG


No comments:

Post a Comment