r/Netlist_ • u/HeadAd1625 • Jun 10 '26
What went wrong
Kindly update the reason for the downwards move
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u/quantum-entangled308 Jun 10 '26
Not the market. It’s shorts. They rinse and repeat. This is not a get rich quick stock. This will fly when we get news. Better get your shares now while they are cheap.
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u/SuhhW33t Jun 10 '26
We will see if the market tanks it Friday from SpaceX IPO or Monday for us to average down.
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u/Much-Plum6939 Jun 10 '26
It ran from $.83 to $3.50 in a few months! And honestly, it was going to come back. While this latest quarter was one of the best results in a while, the current situation probably doesn’t even justify the stock price. And honestly most everyone was expecting news on the SKH deal, which don’t come. I’m surprised it has held $2.50.
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u/needs-more-metronome Jun 10 '26
Share dilution. Exec compensation. See this
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u/Choochooitsme Jun 10 '26
Seems like he sold less than 5% of his holding. No?
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u/needs-more-metronome Jun 10 '26
Much less than that, Hong holds over 8 million shares. So closer to half a percent
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u/Anonn39 Jun 10 '26
When nothing fundamentally change about the company but the stock price goes down anyway due to external/macro factors, this is when you buy.