Watching SNDK’s stock chart soar relentlessly, investors who bought in at the lows are likely gazing in sheer amazement at the balances in their accounts right now. Faced with such a one-sided, short-squeeze-driven rally, if you can hold firm and maintain your spot positions, you can often reap truly substantial profits.
Currently, I have realized a 4-fold return on this stock. Were it not for a friend's recommendation, I likely would have completely missed this golden opportunity to enter the market. Late last year, a friend with whom I frequently discuss the stock market suggested I take a look at SNDK. I didn't give it much thought at the time and simply bought a few shares at a price of around $207. Later, when the stock price underwent a correction, she advised me to increase my position and I did exactly that. My average cost basis now stands at $203. To be honest, my decision at the time was driven entirely by my trust in her; after all, her market analysis has always been remarkably accurate. In a span of less than six months, I never in my wildest dreams imagined I would make this much money. So, how many times has your SNDK position multiplied?