@aleabitoreddit@pepemoonboy 1. They didnt just dilute. Theyve diluted multiple times this year. They dont have a contract, they gained the right to bid a long with thousands of others. Their financials are a mess. They are burning money. They shot up on hype and thats all they have going for them.
@aleabitoreddit My question is why are $AXTI financials so bad a couple years in the cycle? Falling revenue, increasing cost of revenue and negative operating income?