Thursday, April 19, 2012

ANOTHER LEADER STAGGERS


Shares of solid-state drive maker SanDisk (SNDK) are down $2.76, or almost 7%, at $37.71 in late trading after the company reported Q1 revenue and EPS below analysts’ estimates and offered a Q2 and year revenue outlook that also disappointed.

We have had 2 key reversal days in APPL stock as well......yet VIX around 18 level not showing too much fear, if you are bearish that's exactly what you want to see...DENIAL

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