ACM Research Stock Discussion

The Real Wojak OP : Average $16.35

Shane Gleaves :

The Real Wojak OP : If I had to chose which of the 2 will double first it would have to be ACMR

The Real Wojak OP : Bought more at $15.60

73966792 : I really don't understand the valuation here.  Its subsidiary in Shanghai trades at ~$7B market cap on the Shanghai exchange.  What am I missing?

73966792 : Today's news of the US putting export restrictions on ACMR does not help either.
https://www.cnbc.com/2024/12/02/latest-us-strike-on-chinas-chips-hits-semiconductor-toolmakers-reuters-reports.html

The Real Wojak OP : Average $16.60

The Real Wojak OP : Plan is to buy more until it stops dropping. This share price is insulting to the company. They do nearly a billion dollars in revenue and market cap now under 1 billion.

SWEJNC : what do you mean

The Real Wojak OP : Bought more $18.02

The Real Wojak OP : 2 weeks and zero movement. It’s coming soon. This stock is not getting the attention it deserves

The Real Wojak OP : Always good to add on dips

The Real Wojak OP : Should not be red

The Real Wojak OP : Looking forward to lower prices

Strike freedom : How do you rate this Dec will it go to $1?

The Real Wojak OP Strike freedom : I don’t know if it will go any lower at all tbh. It’s worth at least $1.5-$2B imo where it stands right now and that’s not including next years growth expectations

The Real Wojak OP Strike freedom : I just meant that if it goes any lower I will be looking forward to the opportunity to add more shares to my position. Gonna let it ride out for a couple weeks probably into December but I expect $20+ by then

70836552 : Can't do it.

Yolion OP 70836552 : do what?