Citron Research Shorts SanDisk, Claims NAND Cycle Is Peaking - SanDisk (NASDAQ:SNDK)
SanDisk Corp (NASDAQ:SNDK) is in the crosshairs of Andrew Left’s Citron Research, which on Tuesday announced a short position in the memory storage company.They argued that the NAND cycle is approaching a peak just as Samsung Electronics Co Ltd (OTCPK: SSNLF) escalates competition in the premium Solid-State Drive segment.Citron Flags Western Digital’s Exit As A Warning SignIn its note, Citron pointed to a significant move by SanDisk’s former parent, Western Digital Corp (NASDAQ:WDC) , as a key tell.Western ...