prostocktrader
Nov 12, 7:22 PM
$LPTH LET'S STOP BLAMING NVIDIA & JENSEN HUANG FOR TODAY'S DROP IN LPTH!
Let's get serious & call it what it is.
• Nasdaq flipped positive. Did LPTH come close? Not remotely.
• Volume over 3M shares with less than 2 hrs left. Fairly heavy volume.
•
$RDW,
$UMAC &
$ONDS are down too. Sector-wide weakness, not just Nvidia.
• LPTH didn't deliver an exceptional earnings beat. Where are our upside surprises?
• Rubin sounded more businesslike than his usual enthusiastic self on the call.
• Endless dot connections, conferences & opportunities. Where are the surprise
$20+M contract wins?
• Does attending more conferences or speculative connections matter without meaningful contracts?
• Nvidia's situation doesn't help, but blaming Huang misses the bigger picture.
• LPTH remains in a basing period. Year-end tax-loss selling could add continued overhang but at some point it will EXPLODE.
Exceptionally BULLISH but need meaningful contracts & upside surprises. Not more dot connectors.
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