Sep. 9 at 10:14 PM
$PATH
People getting too emotional IMO
Often times, if something gets slammed down like this on good ER it’s because tutes want retail to convince themselves the ER was bad so they’ll sell cheap shares
The initial reaction was a jump to
$21 - before being slammed down 35%
$21 was going to initiate a short squeeze tutes couldn’t afford
The initial decline was MM manipulation (IMO) - and stop losses and psychological second guessing did the rest
Investor day will be a catalyst and we’ll probably get a run up into it
Regardless, management said there wouldn’t be meaningful AI revenue in Q1 or Q2 - so I didn’t expect it anyways
Fireworks will likely start here - just at a later date IMO
Still a long term hold for me 🍻
Good luck everybody