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AXT Inc. Message Board

  • beav909 beav909 Jan 20, 2013 2:30 PM Flag

    The Valuation of AXTI is Ridiculous

    What gives, folks? Why is this trading like it's dirt?

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    • Here's why.

      Keep the numbers going in that direction and the valuation will get even more ridiculous. Get those numbers going the other way and AXTI will be on the rise...and book value will mean something again...

      My opinion only. Do your own DD.

      • 1 Reply to seahorse20000
      • As long as Gallium prices continue dropping, this stock is going no where. this isn't truly a growth stock any longer, it is a commodity stock by large.

        Gallium prices have fallen off a cliff...AXTI has made their bed by mgmt decisions the past few years. It was a risky move then and much like solar companies deciding on building plants to produce their own poly-silicon...instead of growth companies, they got burnt as a commodity holding w/ severe over-supply issues w/ the build outs.

        Mgmt made what looks like a mistake...being debt free saves the company but I doubt highly any "smart firm" comes knocking to buy this company out...their gallium operation is an albatros

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