Brothers, have you ever seen a paper directly take down an entire sector? Google did it! Storage concept stocks have fallen so much these days that even their mothers wouldn't recognize them, while some people shorted accurately in advance and made a fortune quietly!
Text:
This matter is really quite outrageous. On March 25, Google released a paper on compression technology, and as a result, storage stocks plummeted as if they had taken a laxative, falling sharply. Micron Technology (MU) has already dropped for six consecutive days, closing today with a nearly 7% decline, totaling almost a 25% drop! SanDisk fared worse, plummeting directly by 11 points, briefly falling below 600 dollars during the session.
What's the most outrageous? A big player sensed something ahead of time and shorted the stock before the paper was published! Now the paper profit is already 250,000 dollars, with a 30% return rate in hand. This guy currently has nearly 3 million dollars in short positions on Micron and SanDisk, with average prices around 389 and 673 respectively, and he hasn't closed the positions yet.
My opinion:
To be honest, scenes like this where 'the paper comes out and the stock price crashes' may be common in the crypto world, but it's still quite rare in the traditional stock market. To put it simply, Google's technology makes storage less of a 'necessity,' and as soon as capital hears this, they panic and flee.
But what's more worth pondering is the large player who shorted in advance—you wonder if they were lucky or well-informed? It's hard to guess randomly, but one thing is certain: in the face of information asymmetry, retail investors are always the ones getting harvested.
Ending:
Anyway, the storage sector is still falling, and the bears haven't let up yet. There may still be more to see later. Ordinary people like us can't play such insider-level operations, but at least we can be more vigilant—next time we see a big company release a technical paper, don't just enjoy the show; think about whether there are opportunities or pitfalls behind it.