Palmer Fortune

$AMPG $2.40 Earnings are on the 12th My opinion going in: THE COMPANY IS AT ITS INFLECTION POINT 2 quarters ago it traded roughly 3x today’s price with significantly more risk in the air. A year ago the total revenue was 1/2 of the recent quarters reported backlog addition. 😐 What has happened since this ridiculous sell-off? We were literally able to take on a 50 mil backlog which is 5/7 of our market cap and the forces that be just said “meh”, despite also having 33 mil in cash… this is just perplexing to me. It’s not like the sector they are in is expected to grow or anything. 🥱, ORAN + AI-RAN, 5G OR 6G are all old maturing sectors that need no new innovation; only thing here is that the exact opposite is true and build-out is expected to be exponential.🤞🏽 For those who care to read. We sold off IMO from the highs due to 2 things, 1 was the supplier concern which is fixed, the record backlog. As it relates to margins. Do you think this small company has ever experienced economies of scale? Not likely, so what happens when they are able to manufacture against this record backlog? If all else remains the same, do we expect margins to remain at these record lows or reverse dramatically? I could go on and on – but for me I really don’t ever think I’ve seen the stars align on such a small name since I’ve been invested. Though the risks may be great, which also shows I’m me being down 60% since my initial buy, I’m still willing to trust management with my Capital because the upside gains far outweigh the downside potential losses.