Bought puts on $SNDK a while back and honestly thought I was early. Nope. Back to $3 like nothing ever happened.
Pulled up the chart on moomoo and it's not even a slow bleed, just straight up rejection every time it tries to bounce. Bears been right on this one and it hurts to watch if you're long.
The bull case here relies on a turnaround that keeps not arriving. At $3 you'd think the bad news is priced in but apparently the market disagrees, repeatedly.
Anyone still holding long or did you get out? I'm starting to think the $3 level isn't even support, just a pit stop on the way lower.