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$SNDK Today’s decline was influenced by SK Hynix. The drop in SK Hynix was due to the leadership of Korean securities regulators stating that Samsung and SK Hynix are over-leveraged, which caused a sharp decline. This view is incorrect; even though SK Hynix has risen so much, its price-to-earnings ratio remains very low. SK Hynix’s fundamentals are far superior to Micron, yet its market capitalization is only slightly higher than Micron’s. Additionally, SK Hynix is about to list on the U.S. stock market. Wall Street funds are very aggressive and will definitely drive SK Hynix’s stock price up sharply, at least by fifty percent, to leave Micron far behind. SanDisk will also see a big surge.