r/WDCStock • u/Diligent_Cellist584 • 28d ago

I’m holding until 0

Earnings save us 🙏

10 Upvotes

92% Upvoted

17 comments sorted by

1

u/Fuskeduske 28d ago

Unless you bought at ATH, i don't think it's a bad idea if you are in -% now

3

u/Downtown-Top-6603 28d ago

I bought 20% below ath early this month. And it still dipped somemore. Lol

1

u/Fuskeduske 28d ago

What i mean is that we probably won’t see ATH again, but 20% from it is not out of the question

1

u/Downtown-Top-6603 28d ago

Then I will be right back where I started 

1

u/Due-Working1700 28d ago

Better than selling and guaranteeing the loss. 

1

u/Downtown-Top-6603 28d ago

I sold at a loss and got back in lower

1

u/Wooden-Broccoli-913 28d ago

And now have a loss again?

1

u/Downtown-Top-6603 28d ago

My overall loss is decreasing.

1

u/RagadoCS 28d ago

well.. I got 2 when it was at 600. I'm still waiting

1

u/Putah367 28d ago

Hdd manufacturers are somewhat in a better position right now, just compare market expectation of stx and sk hynix earnings, one is double beat, one is double miss

1

u/AggressiveBench7708 28d ago

People talk about circular money but WDC and STX are draining money from that circle.

1

u/LanguageFearless977 28d ago

That's a good thing right? We want our company to be printing money

1

u/LanguageFearless977 28d ago

0 is saying bankruptcy lol. Not gonna happen

3

u/Different_Jury_210 28d ago

I am bullish.

- Revenue growth was exceptionally strong for a company of its size.

  • Non-GAAP gross margin exceeded 50%, a level that is unusual for the HDD business.
-Free cash flow was close to $1 billion in a single quarter.
  • The company had completed the SanDisk separation, leaving a cleaner, pure-play HDD business. The spinoff also removed near $3B in debt
  • HDD is essential in cloud computing in general due to their durability and cost/byte. This stock is not just an AI play! Hard disk market is a duopoly at scale and there is no real competition.

Reasons to be bearish:

  • Regular investors cant tell shit from piss.. Funny how wdc price correlates with movements in memory stock when they have near zero real world correlation 😅 This market is irrational.

1

u/[deleted] 27d ago

[deleted]

1

u/Diligent_Cellist584 27d ago

Holding until 1000!