$Maxeon Solar Technologies (MAXN.US)$ Following the reverse ...

Tonyco commented on a stock · Oct 20 00:21

Following the reverse split you can expect prices to continue to plummet

New CEO George Guo former TCL ceo, lots of experience in tech and scale-up

Almost 60% of their products are held up at CBP, resulting in the cratering revenue.

This point is particularly important because depending on the election, it may get worse for them. Trump win will result in more Anti-asian policies and anti-trade legislation. Harris win has more hope for them due to focus on global trade and renewable energy incentives.

They expect Q3 and Q4 revenues to crater further.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

7056 Views

Comment

XSpace : The situation is quite the opposite of your description. The reverse split is complete, and the valuation now aligns well with the conditions for growth. The company is well-positioned for stable operations, transformation, and expansion. The new CEO perfectly fits the strategic adjustment needs of the company. The CBP hold-up issue is about to be resolved, with a full resumption of imports to the U.S. market expected next week. Additionally, their new factory in New Mexico, U.S., is set to break ground in Q4, and the plan has received support from both Trump and Harris. The company currently has ample cash and significant growth potential, with revenue and profit expected to increase dramatically.

Report
Reply

Cancel Reply
WJJG XSpace :

Report
Reply

Cancel Reply

Tonyco

Learning trading after I had to leave my job to take care of my daughter. My work now is generational wealth for her!!

384Followers

252Following

2440Visitors