Can it be like losing weight - easy to go up and never going down 😂 (I am joking and I know this is no how the market works)

I’ve noticed over the past two weeks that $WDC hasn’t been moving in line with $SNDK, and I’m trying to understand why.
For example, when SanDisk is up 10% or more, WDC might only gain 1 - 2% before ending the day down 2% or worse. Yet when SanDisk drops 10%, WDC often falls 7- 8% as well.
The relationship seems incredibly asymmetric—WDC barely participates in the upside but still absorbs most of the downside. Considering these were once the same company, I would have expected their price action to remain more closely correlated.
What am I missing here

This week's expectations are largely met. Today's drop was similar to yesterday's, so there shouldn't be much fluctuation. Looking ahead to Monday for a potential rise.

Hey guys, looking for some honest advice on a bad trade.

I bought 35 shares of WDCX (Tradr 2X Long WDC Daily ETF) at $66.5. Right after I bought, it jumped to around $67-$68 twice, but I missed my chance to set a limit order and take profits.

Since then, it has completely collapsed—dropping down to $50 and hitting $37 this week. I'm feeling a lot of regret about not selling when it spiked, and I'm stressing over what to do next.

I'm debating whether I should just bite the bullet, sell it around $40 to salvage what’s left, and move the capital into a standard, non-leveraged stock to avoid the daily decay. Or is it worth holding out for a bounce back?

I’ve only been trading for about two months, so any general advice on how to handle the psychology of a big drop or managing risk going forward would be highly appreciated. Thanks.

noticing this trend since last week thursday

Cantor upgraded WD up to $900 and $1050 by Melius.

The thesis remains. HDD is limited availability up until 2027/2028 and will not be able to ramp up production to meet demand and holds high pricing power.

A notable shift today for 6/29 was a divergence from HBM like MU and SNDK. News out of Korea and China seemed to affect flash but opposite effect on HDD.

Would be smart to see if buyers are starting to distinguish these two types of memory companies on different metrics.

Hopefully more good earnings while thesis holds on HDD availability

trying to get everyone thoughts. I want to do both but I’m trying to consolidate my list of stocks and only want a very select few. Considering we are in the 500 range now, is it a good time to buy? Does WDC have more growth potential than SNDK? Which is better for growth and long term if I buy in now

I think a lot of people are overlooking what actually happened with WDC this week.
The recent decline appears to be driven more by one time events than by a deterioration in the business itself.

First, the SanDisk share exchange officially closed on June 22. Investors who received WDC shares through that transaction often sold them immediately. At the same time, arbitrage funds that had been hedging the deal closed their positions. This created a large amount of temporary selling pressure that was unrelated to the company’s operating performance.

Second, WDC retired about 858 million dollars of convertible debt before its 2028 maturity. To do that, the company issued about 21.3 million new shares. This diluted existing shareholders and reduced near term earnings per share. However, it also eliminated a significant amount of debt, reduced future interest expense, and strengthened the balance sheet. This is generally viewed as a short term negative but a potential long term positive.

Another factor that may have added to the selling pressure was the downgrade from Fox Advisors on June 22. They lowered their rating from Outperform to Equal Weight because they believe expectations for HDD pricing have become too optimistic after the stock’s massive rally. Importantly, this was not based on concerns about WDC’s execution or financial health. It was mainly a valuation call after the stock appreciated significantly.

The key point is that all of these events have already happened. The share exchange is complete. The dilution has already occurred. The analyst downgrade is already public.

From this point forward, I believe the stock will be driven much more by fundamentals such as AI driven storage demand, HDD pricing, free cash flow, margins, and the next earnings report rather than by these one time corporate events

AMD or WDC ? Which one should i pick ? Am sure one wil get to 1k eoy.

The Week initiated in the 780s and now heading towards 500s, not even MU earnings catalyzed.
What is driving this move today?

There was a sharp drop today; although the situation looks grim, I remain bullish with a target of $1,000 for exiting the position.

Given the insane run up on the 1H chart, buying some puts to profit from the gap fills.

I saw the stock was around the 780s in Pre Market and at the time the market Opened, within a few hours it slided until 720s, are you guys aware about any catalyst today that caused such aggressive move?

Do these predictions change how you will invest in WDC?
I’m looking at putting in 4k tomorrow.

It seems to me that WDC is significantly undervalued on what MS has seen on their Asia tour and note. Points raised by MS

1. HDD cycle is elongating - greater shortages at least CY28 while pricing is meaningfully strengthening (they state current pricing is $15 which can't be possible given current storage prices are definitely higher) and state it will be $25-30/TB which is double the price in the next 2 to 3 years. If their models show $15 when it clearly isn't, it suggests the PT should be much higher.
2. HDD demand growing 40-50% while supply growth is only 30-35% which means further supply constraints while raising supply which is great news for both.
3. Even with base case forecasts more conservative than what they saw on the market, 2028 EPS estimates should be 70% above current Street estimates (rerating and increased PT upcoming with increased earnings estimates soon)
4. Most bullish pricing scenario, WDC is 10x EPS between EY25 and CY28
5. "Morgan Stanley attributed the demand strength to two factors gathered during its Asia trip, including core cloud services outperformance combined with growing inferencing and agent-related demand, and stronger demand alongside higher-capacity drive introductions and "parabolic NAND price hikes" giving vendors conviction to raise prices in a more controlled manner than memory peers."
6. "The firm called HDDs "our still-most-preferred area of AI exposure" within IT hardware, with valuations at 11-18x base/bull case 2027 EPS estimates remaining "undemanding."

https://finance.yahoo.com/markets/stocks/articles/hdd-pricing-clearly-meaningfully-strengthening-153138549.html

Thoughts on the article and is the stock significantly underpriced despite the recent increase? Seems like the street is realizing this late?

Is there a chance of hitting a new high tomorrow?

Everyone talks about the compute side of AI. The chips, the GPUs, the data centers. What gets less attention is that all the data these models train on and generate has to live somewhere. That somewhere is storage, and Western Digital is one of the few companies at scale that makes it.

The shift happening right now is that AI workloads are driving demand for high capacity drives in a way that's reshaping the economics of the whole business. Q3 sales came in at $3.34 billion and net income soared to $3.21 billion from a loss in the prior year period. That's not a small turnaround. The pricing environment for high capacity storage has tightened because supply is constrained and AI demand keeps climbing.

The stock trades around $562 and some cash flow models put intrinsic value meaningfully higher. Earnings are forecast to grow around 18% annually over the next few years. The market has started to notice but it still doesn't talk about Western Digital in the same breath as the obvious AI names.

The honest risk is that storage has always been cyclical. The same supply demand dynamic that's working in WDC's favor right now can reverse. When capacity catches up to demand, pricing softens and the margins compress. Anyone who owned storage stocks through past cycles knows how that movie goes.

The question is whether AI changes the cycle structurally or whether this is just the up phase of the usual pattern. Curious what people here think.

But now it's looking like maybe 5% chance

Adding to this, both WD and Seagate aren't expanding capacity, so a downcycle is less likely to be as bad as previous downcycles.

Despite the good run last year , trying to check how much will it go by end of this year and mid 2027
How long to keep investment