..Someone who's owned it since 2006 🙁.
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..Someone who's owned it since 2006 🙁.
I've always felt it was more like the ghost train than the roller coaster.
More horror than thrills..
Climbing off with one's shirt on will do...😉
Owned it too since IPO but managed to average down to 68 cents starting 2013 when it was there for the taking. Sold a large bundle late last year to realize some paper gains but will hold on to the rest unless someone wants it for no less than 230.
Ghost train has left the platform again for another circuit..🙁
Despite the run up the PE is going to be about 12 for the March 2022 year. That is a big discount to the market. Institutions are well under weight, so if there is a trigger event there could be quite the run.
Listening to tech podcasts, many commentators are predicting a shortage of chips to carry on for a long time. Also the cheaper chips are not where the investment is going. Things like heat contriol chips don't need massive $15 billion factorys but are still needed in big numbers and the investment is not going into those. I am not sure how flexible Rakon is but it seems like there is still a large amount of unmet demand in the 5nm and above chips.
Yes, bodes well for RAK, A good overview on the chip shortage here:
https://www.computerworld.com/articl...p-quickly.html