OIIM - O2Micro International: Recent Outperformance Could Be A Sign To Get Back In
- OIIM’s most recent numbers show that sales and profits are heading in the wrong direction, even though the FY2021 numbers looked fine.
- Multiples have gone down along with the stock’s decline, so much so that taking a shot at OIIM is worth contemplating.
- Recent price action suggests the current trend is about to change, especially with the stock’s resilience in the face of recent adversity.
- OIIM could go down some more, but it’s still worth the risk getting back in all things considered.
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O2Micro International: Recent Outperformance Could Be A Sign To Get Back In