Wolfspeed Stock Discussion

Davidevil : Over 10 today?

70946801 : Probably

71679526 : Cool story, long since Wednesday.

72331255 : English please! What are you trying to say?

Aminuddin 777 : lol .. why so trying so hard ? lose the opportunity to catch the bottom ?

71679526 Aminuddin 777 : The companies that lose money or promise growth are the ones that go up lol. Even if a ponzi chart looks bottomed

TheOracleOfBroMaha : But you’re saying what people have been saying about this stock every year for five years and for five years this company has lost $200 billion a year or more every year. Will it make money next year? It’s projected to lose even more money next year. I don’t know why it is cause I haven’t done that deep dive, but it’s projected to lose a butt load a butt load of money next year. It doesn’t look like ashiny penny to me.. It looks like dog food with an old thing of lipstick stuck out of the middle. Again, if the only you’re saying that it has some long-term value, but I don’t see it. So I want to know what long-term value it has what you see that I don’t because, that’s what 2025 expectations are it’s based on their financial statement which I’m not gonna get into because that’s too much work for me personally. But if you’ve already done it, tell me what I’m not seeing and tell me when it will start making money because I think the company right now is saying that they expect to lose $700 billion in 2025. If that’s the case, the only hope is a possible short squeeze and that’s not a good reason to ever own a stock. Is all these people who cry and moan on a daily basis about why it’s not fair and why they should’ve made all this money demonstrate if you want to get into why I think that way I’d be happy to. I’d love to make money in a short squeeze. I just see the potential money to be made almost never equals, the huge potential to lose money in the relative short term for a 30% gain one day which happened yesterday or Friday obviously but that’s only if you got it at the bottom and got out at the top if you’ve been holding as it went down from 10 to 6 and then held on while it went back up to eight is a bad investment to me. You didn’t make money. You need another short squeeze. And that’s a scenario of people that bought the stock at 11 last month. So yay Wolf speed… Yayyy I bought in at 15 and I just had a huge day yesterday

TheOracleOfBroMaha TheOracleOfBroMaha : I really have to stop smoking weed

TheHumbleGambler OP TheOracleOfBroMaha : It’s loosing money as predicted. Hopefully it’ll be loosing less money in upcoming quarters per prediction and make money in the future. A new CEO is a good sign since previous CEO is under performing. A good new CEO hopefully can bring the company up 2-3X in short term. The next news of new CEO appointment should bring the price higher. GaN & SiC is a future technology necessity. But how the company runs strategically depends on management. A good company will fall because of poor management. To cut long story short, nobody can be 100% sure what’s gonna happen. It’s just our view. Your view has its points as well. I’m just a gambler. It’s up to you.

I Am 102927471 :

I Am 102927471 :

71679526 : Feels like a bottom. Not saying can’t go back but that was a big faith move. I started a position yesterday so not adding up here lol. What a move