Thursday, April 06, 2006

Before its Earnings announcement --- SNDK

SNDK (SanDisk Corp.)

SNDK engages in the design, development, and market of flash storage card products used in various consumer electronics worldwide.

Its earning announcement date is 4/20. Most likely it will release a good number. At least the good speculation will drive its price up. It is a good choice for short term and option player. Its closing price of today is $63.32.

My suggestion: Buy (6.5)
Instruction:
1. Buy gradually in a small amount. You could buy more if there is a price adjustment.
2. To protect yourself, reduce your position and cash some of your gain before the announcement.

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