EMKR - Emcore Corporation Could Be An Opportunity At This Point
- EMKR reported a problem with excess inventory and the news overshadowed all else, triggering a drop in earnings expectations.
- EMKR acknowledges that fixing the problem will take time, but there are those who feel the problem is a bigger challenge than EMKR thinks it is.
- The pessimism has led to a drastic reduction in how EMKR is valued, which could be an opportunity for bargain hunters.
- Long EMKR is not a bet without risks, but it is a bet worth taking with EMKR assumed to have problems that don’t exist right now.
For further details see:
Emcore Corporation Could Be An Opportunity At This Point