Came out during market hours. Street didn't mind I guess. But yeah another Q with another charge, So Q4 before profit will show.
I'm still here although I have taken some profit off the table. Hard to give up 100% profits on so much money. Still have a nice amount going forward.
Are OCAT holders the worst investors ever? Never have so many been so wrong for so long and so arrogant about it. Most of them are so old at this point they may not live to see a single dime returned to them. It's almost depressing except for the fact that they are complete crackpots.
I'm still waiting for them to complete the AMD P1 trial. It's been 4 years. Remember when the longs claimed it would be done 2 years ago?
you should read his twitter posts. he's a complete loon.
It only took 8 years to get there from $8 last time. Totally doable!
Sentiment: Strong Buy
Of course all the analysts already know this and it's likely already factored into the price. If LED revs are up and costs to manufacture are down then it's going to pop. Because that's the future. The charges are one time and they just picked up a rock star CEO from one of their largest competitors. After this Q it should be quite obvious where this company is going.
Well lets not get ahead of things. This earnings report will include a bunch of one time charges and thus will look horrible. We don't know how much of the CREE problem is also TCPI's problem. What if there turned out to be a price war? We still haven't heard what the final settlement with Hauser is and TCPI still has a class action lawsuit ongoing. We better see that growth in LED revenues continuing.
I made 200% in a week with AAPL calls. Meanwhile the OCAT losers have held for 7 years to get an 80% loss. But they're going to be rich right? hahahahah
But Gosh 2% bump. So much. I'm getting more from AAPL today lol.
Still trash ACTC. :)