Nov. 6 at 2:05 PM
$ACMR This was less than a year ago. I trimmed most of my position around
$30 (too early but oh well). I see 2-3 year value around
$40.0 -
$50.0 . The stock price (not company) has a pattern of overreactions and large swings. Wouldn't be surprised to see price come back down to
$23 -
$26 in the next 3-4 months. Like I said in the bottom post, buying at
$15.5 last December was better or at least similar value to buying at
$14.0 the previous August, which was better/similar value to buying at
$13.0 the previous November, and a similar value to
$8.0 Jan 2023. Now, the values have shifted slightly due to missed earnings, tariff uncertainty, China tensions, etc. but I think it this stock overreacts again, and it hits near the
$22.0 range, it would be a similar value to the above. Definitely anything under
$18.0 would be similar value to the above. Bullish but expect price to come down a fair bit in short term.
