Wolfspeed, Inc. stock forum
WOLF If you bought at $8 to $8.30 I hope you sold ;/ What a fake out to trap the bulls. Anyway it is Friday near close of market. Maybe next week...
WOLF shorts are going to get smoked, I think this is the next NVDA.
WOLF grabbing some $8 and 9$ puts for Jan 17 since they are dirt cheap and it still has to cover the 6.60 gap, seeing as tho its gap hunting at this point so that it can make a clean move up at the begining of the new year and we are still in the midst of this china debacle. Suggestion and my personal train of thought , not investing advice
WOLF the fundamentals show considerable financial distress, but some insider buying occurring.... sitting this out, but interested to see where it goesWOLF struggling to break 11.20 area since Nov. I believe that it has hit its yearly average or relative to the intrinsic value for the year. Keep in mind that China has placed a ban on certain materials which includes Sic ,so that may cause some issues in production and distribution . For those holding long, 62 is the intrinsic value of this stock (based of course on its future performance and revenue) and once BIG MOUTH gets into office he will definitely be singing a different tune unless he wants to usher us into a trade war(which we can’t win since we import most of our goods🤣) and inevitably economic collapse. Stay vigilant and prepared tradersWOLF please be weary of the 8.60 and 6.60 gap if you are day trading and not holding long
WOLF short squeeze candidate once WSB boys get in here it is lottery time!WOLF Interesting that insiders started buying - Led to this rallyWOLF the big upside of this stock is that it is 85% undervalued, so whether its a boom or a bust, the reward heavily out ways the risk unlike its very high valued ( and to be quite frank, overly inflated ) cousin NVDA
WOLF Ok I am $2000 negative on this shit.. seems to need to hold Long long time .. average price 7.62 / 1313 shares