Position trader seeking SMALL & MICRO caps that can grow into MACRO winners πTop Idea β‘οΈ $APP 1/17/24 @ $41.18π ***Always do your own Due Diligence***
$AAOI I would bet the 50dma is in play now. We'll see how it reacts. It's not doing much for $LITE today, second time around. The whole optics trade has become too "easy" for retail, imho. Time for that meaningful correction in the space? I've been waiting...
Insider sales are one of the most non-reasons to sell a stock. Every multi-bagger I've ever owned had huge insider sales during their runs and way before the stock's ultimate top, $APP the most recent. Many insiders have waited years and years "to get paid" and aren't looking for max returns. Much of the recent insider selling in $AAOI are RSU's which are taxable at the time of vesting whether sold or held. Having said that, from a charting perspective, many of the optic stocks have short term topping patterns/indicators, $AAOI included, and IMHO still have meaningful downside ahead. I have recently sold my entire position but will be looking to rebuy it entirely and some, due to the lower cost basis. GLTA and, ofc, NIA
What more did they need to say outside their mid '27 revenue projections? I'm with you but words v execution are 2 very different animals. I was in during their 2015-16 run. You knew once they "missed" back then it was over and over fast. My one fly in the ointment now is they weren't forthright back then once the sh!t hit the fan. Let's hope they learned their lessons
@kenswift Total freelancing down the stretch again. When the going gets tough, Steph White hasn't a clue. How long is the ineptness going to be ignored. Unfortunately, we all know the answer
@CraigMilkowski Final word: I follow 28 horse related people I respect in the game, and yes you included, and you're the only one who felt the need to even mention the "old" story. Hope you feel better about yourself and good luck in the Preakness. I'm betting Incredibolt
You don't see the hypocrisy of it all huh? Laughable. The sport you obviously have a passion for, the sport that consumes the majority of your being and, if I'm not mistaken, you make a living at has far FAR more egregious goings-on than a couple of jockeys involved in cock fighting. But hopefully you got your virtue signaling out to the wokes and feel morally superior to those who have their eyes wide open and see the hypocrisy. Btw, who you like today? π
@Michael72017843@Sudharsan_ak Operative word "arguably." Coaching defense when mugging was encouraged and accepted plus you had the league's #1 thug leading the mob had little to do with coaching basketball