Go Go Go!-->POET POET Technologies Inc.
$3.28 0.18(+5.81%)3:59 PM 07/15/24
NASDAQ |$USD |Pre-Market:$3.40+0.12(+3.66%)8:44 AM
$3.28 0.18(+5.81%)3:59 PM 07/15/24
NASDAQ |$USD |Pre-Market:$3.40+0.12(+3.66%)8:44 AM
GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
If we adjust this button will our stock stop going down?
Ron Glibbery, Peraso CEO (standing), Alexander Tomkins, Peraso CTO. Source: Peraso
Ron Glibbery, Peraso CEO (standing), Alexander Tomkins, Peraso CTO. Source: Peraso
The Market Doesn't Like What It Sees From Peraso Inc.'s (NASDAQ
RSO) Revenues Yet As Shares Tumble 31%
April 11, 2024
Can this really be down 93%?
WTF
To the annoyance of some shareholders,Peraso Inc.(NASDAQRSO) shares are down a considerable 31% in the last month, which continues a horrid run for the company. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 93% loss during that time.
RSO) Revenues Yet As Shares Tumble 31%April 11, 2024
Can this really be down 93%?
WTF
To the annoyance of some shareholders,Peraso Inc.(NASDAQ
RSO) shares are down a considerable 31% in the last month, which continues a horrid run for the company. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 93% loss during that time.Headquartered in San Jose, California,Peraso(NASDAQ:PRSO) is only appropriate for those investing in semiconductor stocks that could turn $1,000 into $10,000 and with the potential to do so very quickly. What I’m getting at is that in exchange for the extreme upside potential, you must accept the possibility of utter devastation to your portfolio. Please don’t say I didn’t warn you.
According to itswebsite, Peraso bills itself as a world leader in the development of 5G mmWave silicon. It also claims to be one of the few chipmakers shipping mmWave devices in high volume. While intriguing, the problem with Peraso comes down to the show-me-the-money effect. Since the Jan. opener, PRSO fell more than 45%. In the trailing year, it’s down more than 76%.
However, the plot twist comes courtesy of Benchmark’s David Williams, who pegged PRSO abuy. Not only that, the expert has a price target of $1.50, implying over 270% upside potential. Whether that’s realistic or not is difficult to say. Per Gurufocus, Peraso’s three-year revenue growth rate stands at 205.3%. However, its EBITDA growth rate during the same period is 21.5% below zero.<----!!!
Well we got that move to $1.50 what now?
https://www.nasdaq.com/articles/7-semiconductor-stocks-that-could-turn-$1000-into-$10000-in-10-years
According to itswebsite, Peraso bills itself as a world leader in the development of 5G mmWave silicon. It also claims to be one of the few chipmakers shipping mmWave devices in high volume. While intriguing, the problem with Peraso comes down to the show-me-the-money effect. Since the Jan. opener, PRSO fell more than 45%. In the trailing year, it’s down more than 76%.
However, the plot twist comes courtesy of Benchmark’s David Williams, who pegged PRSO abuy. Not only that, the expert has a price target of $1.50, implying over 270% upside potential. Whether that’s realistic or not is difficult to say. Per Gurufocus, Peraso’s three-year revenue growth rate stands at 205.3%. However, its EBITDA growth rate during the same period is 21.5% below zero.<----!!!
Well we got that move to $1.50 what now?
https://www.nasdaq.com/articles/7-semiconductor-stocks-that-could-turn-$1000-into-$10000-in-10-years
Bacchus needs a vet visit he has a strange growth between two of his toes. It looks like a foot pad growing out of the side of the toe.
If you like SMR's, Fluor and Vernova are the plays.
GEV--->$177
FLR---> $48
I'd wait on GEV though. It might be a crap-shot until we get another earnings report. It has only been trading 72 days. GE spin-off.
100,000 shares bought @ $1.27
13,000 shares bought @ $1.68
10,000 shars bought at $1.65
4,000 just bought at $1.52 June 14.
13,000 shares bought @ $1.68
10,000 shars bought at $1.65
4,000 just bought at $1.52 June 14.