The author attributes its massive historical run to fundamental factors like InP substrates, ASP hikes, and export controls rather than TA. This is strongly corroborated by recent news citing China's export curbs on Indium Phosphide as a major tailwind for the stock.
The author dismisses bullish $120+ technical targets, pointing out a massive $6B ATM offering that acts as a severe supply overhang. This skeptical view aligns with recent news suggesting the company's hyper-growth plans may disappoint.
Mentioned as an example of how stocks trade based on sector themes and relations to peers like AAOI. Recent news confirms both are heavily tied to the AI optics and laser bottleneck theme.
Used as a historical example to prove that its 1900% rally was driven by fundamental revenue announcements from JBL and GFS, not technical chart patterns. No external data available to corroborate the specific price action.
Mentioned as an example of retail trading psychology where buyers front-ran the stock due to ticker confusion with the SPCX IPO. This perfectly aligns with recent news explaining SPCE's 32% crash following the SpaceX IPO.
