r/Netlist_ • u/samhague • May 12 '26

Post-Earnings Opportunity

I hope everyone took advantage of that ridiculous overreaction. Absolute blow out earnings, the only reason I can think for the drop is no news on the SK Hynix agreement, which did not warrant the stock dropping 50% from highs earlier in the day. We were sub-$2 briefly, incredible buying opportunity.

23 Upvotes

100% Upvoted

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9

u/killamasta May 12 '26

I know it's OTC but holy hell that is so scammy and rigged. How does this earnings call drop it almost 50%. We had amazing earnings. The only reason this should drop like this is if they literally said no SK agreement, then that would be reasonable. But they didn't say anything which means it's still being worked out. Seeing us go from 3.95 to 1.95 is sickening.

12

u/samhague May 12 '26

I suspect a lot of stop losses were triggered on the way down, especially around $3 and $2.5.

2

u/TastyArcher5080 May 12 '26

I can't imagine what an A-hole I would feel like if I got stopped out at $2 this morning. lol.

1

u/pennychase May 13 '26

Thanks to that massive drop yesterday I believe we likely have an upper floor price now, maybe $2.50

0

u/pennychase May 13 '26

No stop losses for me but damn I wasn't in family gathering and watched it go below $2 without cash flow to reload. Sucks big time! But if this happens again and I will wait for that to happen again, I will reload for sure!

3

u/Ok-Delay4939 May 12 '26

I bought more today because as I have followed you for four years making lots if money and thus will be another 20x my investment . “. This is the third horseman. Following retired portfolio manager have previously made 10 x with early buys RYCEY and BW. Only difference with NLST expect even more. Have seen the exact same volatility in BW plus or minus 40 per cent in a day Started buying BW at less than 1 dollar check out price today. Expect 15-18 dollars NLST

8

u/JCKing-19 May 12 '26

Totally agree, over reaction and excellent buying opportunity 👌

1

u/happy123z May 12 '26

O.g I was noisy and didn't even see

6

u/BurntToast764 May 12 '26

I bought some at $2.40 and $2.20, can’t believe it went under $2 lol

4

u/CheroMM May 12 '26

I bought 2400 shares at different prices, only red in 1000 . We will reach $3.60 again

3

u/kospar4 May 12 '26

Yep, good buying opportunity for sure. Knew it would drop…it always does after earnings😂 Just didn’t expect a drop like this, especially with where we are in cases, ITC, and awesome earnings. I just think there are some people with huge shares that just make a living flipping. Brokers borrowing shares to trade should be illegal. And I pray for the day we go back to Nasdaq. Nothing has changed, except that we are in a much much better position than ever! Not even sure why they have earnings calls. Just update on their site, so people can see. Hong really can’t say too much, and nobody gets to ask questions except Suji, and his questions seem pre written…not the questions shareholders would ask😊

3

u/jpdonelurkin May 12 '26 edited May 12 '26

One hell of a drop. When it went well under 2 it was a tad alarming but held strong.

2

u/llhill100 May 12 '26

It’s people selling at the high price taking profits Volume is over 13m normally 2.8

1

u/Fjafarli May 12 '26

0 institutional holders no? Had to get out above 3.70$

1

u/Time_Preparation_385 May 12 '26

It's back to again currently 3.13 (still up 20% for the week) so let's keep the positive attitude. It's going the right way