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Technology Stocks : AEHR - Semi Test Equipment related to auto chips
AEHR 32.24-4.1%Sep 24 4:00 PM EDT

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To: Return to Sender who wrote (11)7/10/2024 9:26:58 AM
From: Elroy  Read Replies (1) of 53
 
a tax benefit resulting from the release of the Company's full income tax valuation allowance of approximately $20.8 million.

This means in previous quarters they reserved $20.8m too much to pay fiscal 2024 taxes, and they didn't need to pay that $20.8m so they reversed the charge in the current quarter?

Fair enough.

I was waiting for AEHR to get to $8.00 to double down, but it seems like it's probably not going there.

I got no idea whether to expect a return to growth, or more slow doldrums in the near future. If there's one word that sums up AEHR stock, it's "potential". It may have a lot of potential, but I don't understand them or demand in their specific space to know the potential, and have an idea when the shares will reflect that potential.

My current shares are underwater, but I'm optimistic in a few years they may be doing well.

I've had a amazing luck with another semi equip small cap - Nova (NVMI). I'm up about 150% and it just keeps going up with all the positive cap equip news that is flowing. I sold about 30% of my position in that one recently just because I was surprised how well it was doing (it's one of the many stocks I just own in my Roth, and don't pay much attention to). I'm hoping AEHR can catch a tailwind and go chase NVMI higher.
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