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researcher59

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Re: wadegarret post# 109064

Thursday, 11/30/2023 11:54:51 AM

Thursday, November 30, 2023 11:54:51 AM

Post# of 114149
Wade - AAOI - I don't see how this news can affect your core thesis that the company is going to have huge growth in 2024 with EPS of $1.33+. It seems like dilution of 2% or 3% max since one convertible is replacing another. However, on a technical basis the stock was due for a pullback, so maybe you can get back in at $13 or lower in the coming days ..... it seems to me that the news was simply a catalyst for day traders to take quick profits, hence the selloff.
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