Episode 954: Dark Clouds Over SanDisk. Jazz Stock Review, Sun Pharma, Samsung Biologics, Kioxia

**Martin** (0:00)
It's Chip Armageddon, what's going on? Federal jury finds Avalar Therapeutics and RA willfully and maliciously misappropriate and trade secrets developed at Yale. I love it.
CXMT, founded in 2016, worth 488 billion. Intel shipped the first DRAM in 1970, worth 465 billion. It's over, pack it up, boys. Flash crash. See a really sharp V recovery pretty soon here. Or not, we'll see.

**SPEAKER_2** (0:28)
Cope.

**Martin** (0:28)
Let's see here. Cytokinetics.

**SPEAKER_2** (0:31)
I haven't looked at that one in forever.

**Martin** (0:33)
$80 stock, under 24 million. Shares outstanding. That's 10 billion market cap, almost exactly. Only 10Q with the glossary. About a billion in cash. Some debt. Massive amount of debt. Offsets the cash. And they have like some royalty sell-off they've already done. All right. Best things. Read the press releases. This is my cortisol. Finally got approval. AfiCampton. Launched in late January. There's a REMS. Markets are wild. It's like, can you survive the flash crash? Did you survive, Anon? Or will it just continue? People all over Wall Street hitting me up. You had it right on CapR. Yeah, don't I know it. That drug Omicamptov has been being developed forever. Make sure you check out Goodell Terminal, goodellterminal.com. Nice little V recovery, as I mentioned a minute ago. So saw fast, they usually recover pretty fast. SanDisk down on Whopper, 11%.
As I mentioned, trying to figure out, I really have no clue, by the way. Workday up 8%. I see Baker Hughes, Coherent, Western Dig AMD, LAM, all getting shellacked, as is Lumentum, Sienna, Corning, GE Verona, AMAT, and there's Micron and KLA, joining the party.
NVIDIA, again, usually been resilient on these sell-offs, but NVIDIA is bleeding a little bit here, as is Intel.
Intel's not recovered quite a bit. It's quite oversold, in my opinion, but we're not out of the woods yet. One question is, how is that Bristol Drug doing?
I think the Bristol Drug is similar, but I'm not 100% sure.

**SPEAKER_2** (2:11)
Okay, it's selling.

**Martin** (2:12)
Say trailing 12 months, 1.2 bill, forward 12 months, 1.4 bill. To grow the syndication together, maybe it gets, eh, it's still kind of cheap. It takes time for some of these pharma markets to grow.
They don't just show up as massive markets. There's RTW with a sizable stake along with Armistice, the funds I like, a couple of good funds here.

**SPEAKER_2** (2:34)
Yeah, it seems like a decent, decent little guy.

**Martin** (2:37)
Micron really struggling. Must be a short report coming out on DRAM, I'm kidding. Report issued by Microsoft. Satya Nadella here. We made fungible data centers with fungible RAM. How are we going to alleviate DRAM pressure?
We're not going to use Flash either. No, we're not going to use Western Digital. We're just going to stop. AI is fake. Thank you.

**SPEAKER_2** (2:58)
It's Jover.

**Martin** (2:59)
Here at Microsoft, we can honestly say that you fell for it. AI and these data centers and AI factories, it's not real. We made it up. AGI, all of that. It's okay, Micron, go home. You're drunk. You'll be fine tomorrow.
Let's take a little rest, alright buddy?

**SPEAKER_2** (3:13)
Have a little rest.

**Martin** (3:14)
Alright?

**SPEAKER_2** (3:15)
It's no big deal. Have a little rest.

**Martin** (3:17)
Okay? Alright, Micron, just have a little rest, okay? Alright, I don't know. Cytokinetics looks good.
Let's see what's going on in Godel. What are my custies saying? People finally did the math on the steak. Okay. Don't look back in anger.

**SPEAKER_2** (3:30)
I heard you say.

**Martin** (3:31)
AI says, I noticed your portfolio is down 7% today. I listed your car for sale on Auditrader, canceled all your streaming services, and found a two-bedroom apartment for your family, and listed your home for sale. My son, Budbud, he often says, he knows he wants to make a sound, but he doesn't know what to make. So he goes, what's wrong with our chat server? Capra put out a press release?

**SPEAKER_2** (3:51)
No way. No way.

**Martin** (3:54)
These fraudsters, bro. Capra Corps fully engaged transparently at the FDA, which our results are governed by the final analysis plan, which was finalized prior to unblinding.

**SPEAKER_2** (4:06)
What?

**Martin** (4:06)
Bruh, you have to finalize it with the FDA.

**SPEAKER_2** (4:10)
These guys are real scammers.

**Martin** (4:12)
Real scamming. Is scamming?

**SPEAKER_2** (4:14)
How do you scam like this, bro?

**Martin** (4:16)
Come on.

**SPEAKER_2** (4:17)
Can't scam like this.

**Martin** (4:18)
This bitch wants to be in the scamming hall of fame. I can tell you, I know two or three women who have been to prison.
And I can tell you right now what women's prison is like. It's basically the same. You know, that's what, that's what women's jail is like. You're ready for that all day. Hope you learn your Cardi B. That's what I would do if I were her. Stop preparing for the FDA Advisory Committee. That shit is, that shit's a wrap. Start preparing the Cardi B lyrics. It's gonna make a good tweet, man. Look at this guy, cap over 400,000 shares added.