FNSR - Applied Optoelectronics: Invest In This Turnaround Story With A Margin Of Safety
Background Story
AAOI shortly rose to fame in 2017 when the stock price increased more than tenfold within 15 months from May 2016 to July 2017. The increase was caused by a multitude of things, and among them, is a huge contract with Amazon (AMZN) that delighted the Wall Street community. Soon after, skepticism rose as the management made public of Amazon's withdrawal from their contract. The stock plummeted and has never reached its prior 100-dollar level thereafter.
I think there is currently a special opportunity to accumulate shares of AAOI at a