- EMCORE had some great headline numbers and the stock reacted well initially, only for the stock to proceed to lose a quarter of its value.
- The future is not set in stone, but the worst may be over and a new uptrend may be upon us if recent price action has anything to say.
- Betting on EMKR may or may not pay off, but the asking price to place a wager is not high with multiples where they are.
- Things are not perfect for EMKR, but long EMKR is still worth it when there’s more to like than not to like.
For further details see:
Emcore Corporation May Be About To Regain Its Footing