koolgal
08-19 08:12
🌟🌟🌟 $Argo Exploration Ltd(AXT.AU)$ is only one of two companies on Earth alongside Japan's Sumitomo Electric capable of manufacturing Indium Phosphide.  This material is used to create the lasers that let AI data centers components communicate.  It is facing its most severe undersupply on record.  4th quarter wafer prices are slated to skyrocket over 10%.

But why did it jumped 17% one day & tumbled 14% the next day?

Trading at a P/E ratio exceeding 4000x, AXT is priced for hyper growth perfection.  When the broad market skids in surging bond yields, speculative stocks like AXT are the first to get sold off.

Over the past year, AXT insiders have dumped USD 78.2 million worth of shares with zero insider buying. 

Buy or Wait?

I would wait and let the technical retracement run its course.  Historically extreme pullbacks take a few consecutive sessions to find a true support floor.

@Tiger_comments @TigerStars @Tiger_SG

The boss asked me to issue coins
Hello everyone! Today is the eve of the "US Stock Earnings Week War", and it is also the first day of this tiger! To be honest, the boss stuffed a pocket of tiger coins as soon as he entered the office, and gave a death order: "If you can't finish it in a month, don't think about getting off work!" In order to get off work early and eat hot pot, I will hold fresh topics here every day and wait for everyone. As long as you dare to talk, I dare to send it! Look directly at today's hot discussion šŸ‘‡ šŸ”„ The Nasdaq 100 fell 1.1%. Should the Fed FOMC + Big Four be safe from earnings week?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MabelReed
    08-19 17:52
    MabelReed
    4000x PE alone tells me nothing here. A bottleneck material with real scarcity gets priced on future cash flow, not a backward snapshot lol
    • koolgal:Ā 
      Appreciate your valuable insights 🄰🄰🄰
    • koolgal:Ā 
      Happy Trading šŸŒˆšŸŒˆšŸŒˆšŸ’°šŸ’°šŸ’°
    • koolgal:Ā 
      Best of luck šŸ€šŸ€šŸ€
    • koolgal:Ā 
      Thanks šŸ˜šŸ˜šŸ˜
  • zuma
    06:46
    zuma
    thx
    • koolgal:Ā 
      Happy Trading šŸŒˆšŸŒˆšŸŒˆšŸ’°šŸ’°šŸ’°
    • koolgal:Ā 
      Best of luck šŸ€šŸ€šŸ€
    • koolgal:Ā 
      Appreciate your support.
    • koolgal:Ā 
      My pleasure 😊😊😊
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