I told you so Wolfspeed to the Moon

Tobias@tobite

1Anno

Great, now I'm only 70% in the red 😁

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Aktien4Million@Aktien4Million

1Anno

Wait and see and drink tea

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Tobias@tobite

1Anno

@Aktien4Million There is still a very long way to go to €10.50 😂

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Fredi K.@equity_expert_1695

1Anno

Then why not go all in? 😕

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Aktien4Million@Aktien4Million

1Anno

@equity_expert_1695 Unfortunately I haven't been with wallstreetbets long enough. I'm sure my balls will grow, then I'll borrow 10k from the bank and put it into 5x leverage

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Epi@Epi

1Anno

995€.
Looks like a low conviction trade. 🤷

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boz@boz

1Anno

What else does the share have apart from terrible fundamentals?

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Aktien4Million@Aktien4Million

1Anno

@boz Well, it could be a big beneficiary of the America First policy. Since the company manufactures chips exclusively in the usa

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Epi@Epi

1Anno

@Aktien4Million And the suppliers and customers? Only Americans too?

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boz@boz

1Anno

@Aktien4Million the company is highly indebted and primarily supplies the US car industry, which is currently going down the drain. Production capacity utilization to date was 30%, BEFORE the Trump chaos. The promised few million USD from the Chips Act have not yet been paid out and will most likely fall victim to Doge's red pencil. Even if large orders come in, Wolfspeed cannot ramp up production capacity without additional external investment in the mid single-digit billions to fulfill these hypothetical orders. But if it's fun for you.

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Fredi K.@equity_expert_1695

1Anno

Has the moon crashed? 😕

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Aktien4Million@Aktien4Million

1Anno

@equity_expert_1695 sold long ago