MichaelPerez
06-04 22:36

$LightPath(LPTH)$ The stock continues to act very constructively after the offering.

Shares effectively put in a double bottom today near $14.70 without even testing the $14 offering price itself—that's generally not the type of price action you see in weak secondary setups.

To me, $16.65 now becomes the key pivot as the post-offering high. A convincing volume breakout above that level would likely open the door for a push toward the previous highs, as supply from the raise appears increasingly absorbed.

Meanwhile, the broader strategic story around specialty IR materials, thermal imaging, vertically integrated optics, and domestic germanium alternatives still feels materially underestimated by the market.

Sam Rubin also continues to drop increasingly bullish hints across social media.

$Lumentum(LITE)$  $COHERENT(COHR)$  $POET Technologies Inc(POET)$ 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment