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Sandisk (SNDK) has been one of the most explosive momentum names, rising by 145% year-to-date (YTD) and an astonishing 1,050% over the past year. However, the rally is now being put to the test by the high-profile short call by Citron Research. The firm argues the NAND flash cycle can turn quickly, which could reverse the trend.
Citron Research argues the following: