After the spin off of SNDK from WDC last year, WDC had sold 80% of their SNDK holding last year when SNDK was around $45-50, making WDC as a respected member WSB regard club.
https://www.gurufocus.com/news/8624993/western-digital-wdc-to-divest-shares-in-sandisk-secondary-offering
Posted by iamshubhampathak
1 Comment
Nothing says WSB like selling the parts right after we finally learn the ticker. Guess I’m bagholding nostalgia now.