AAOI - Applied Optoelectronics Inc

Back to April/May levels >>> Applied Opto Halted, Drops 17%: Cuts Q3 View - http://www.barrons.com/articles/app...07840379?mod=yahoobarrons&ru=yahoo&yptr=yahoo

 

Problem is due to concentration sales to 2 largest clients comprising of 60% revenues. It's a sad state until its get more clients. Sorry for anyone who got caught in this storm, the company will bounce back with patience. Good management and important sector.

 

Having them pre-announce (a miss) is like being executed twice. They need some help with their investor relations strategy - get one!

 

insider selling earlier this month but director picked up 22+K - $44 range https://www.sec.gov/Archives/edgar/data/936614/000168316817003026/xslF345X03/moore_frm4.xml

 

Fear post won't shake away the true believers. If I stay while it was 37, I am staying now. Especially since the last ER.Comeback? Yes

 

real nice move from bottom today - Applied Opto Surges: Set for Rebound, Says Rosenblatt - https://www.barrons.com/articles/ap...23460733?mod=yahoobarrons&ru=yahoo&yptr=yahoo

 

I have a feeling it has reached its bottom

 

Last week, Rosenblatt initiated coverage of AAOI at Sell amid worries of price wars and declining margins. Even with demand up for fiberoptics in China and the United States, price competition should heat up in 100G and 400G module markets, which may make AAOI's 40%-range gross margin unsustainable.

 

Piper Jaffray is upbeat on the optical-equipment makers today, as the firm sees easier comparables amid a reset at China's ZTE, now working free of a U.S. ban.

 

See how strong a move this makes from this bottom

 

Pretty strong move...down to look for another bottom.