Zoom out on the charts, we’ve just about priced in a complete catastrophic failure (much like pl3 , which later was just mask etch). When all that has actually happened is we’ve got a functioning pl4, need some cash to advance with Infineon, and yet to get pl 5 or 6 results. The company from a technology perspective is light years ahead of the pl3 failure. This is either one of the biggest dummy spits I’ve ever seen, or major holders have been given a tipoff to info the average holder does not have (imo)- which is unprovable , but my fear. However, a functioning pl6, a cr success, and 12-18 months will put a firecracker under this. The time to sell was immediately we saw the price action switch in Dec, the risk/reward has now pivoted , it’s very clearly buy time (imo). Daily dose of hopium.
4DS Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
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