AAOI($10.01) back over $10
I posted on the board that the disappointment after earnings was because guidance was only for 5% higher in Q4 revenues. However being that the previous qtr had revenues up 50%, another 5% wasn't all that bad. After listening to the CC, and hearing that Q1 should be unusually strong, I could see this will take time, but it's still a strong growth story, that will show fruit in 2024. I believe AAOI will post $1.50+ in 2024, and that the share price will go to at least $20. I sold around half my shares into earnings at about $10, and bought them all back after earnings at around $9. I still very much like the story here, as data centers will continue to upgrade for the next 2-3 years to be AI compatible, and AAOI announced that they are now 77% revenues from data center orders for their 100G & 400G laser product.