acls has been flying lately it seems since there was a chance of being delisted
it went from way under 1.00 to 1.37 do you think management is trying to boost
the stock
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Of course, management is trying to boost the stock. That is their job. This is
a very speculative semiconductor company. It has a market cap of approximately
90 million.
You can make a value case for this stock, but you need to be concerned about the
cash burn rate. If you believe that the economy is improving, there may be a
decent risk reward ratio and it is a potential target for a larger company.
I would not buy here as I think the positives have been baked in, but it is not
a stock I really follow and I think there are better semiconductor and tech
stocks.
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