news mentioned 6 containerships got impacted and in total if true the company has 41 in total;
6/41 = 15% , not a big deal;
today after market down 0.60 (10.89%), if tomorrow open low and go down sharply to ~4.5,
chance to buy, already reach 15% by the news power ; not so much space down;
I see news oppsite way, maybe the MM just didn't get enough cheap chips but stock price already rocket up, find a way to scare people out and get some low chips, then do it again;
afterall, a small company with 44.32M shares , market cap so far 244M $, mind your risk short term; long term wise, risk low if survived; YMYD;
6/41 = 15% , not a big deal;
today after market down 0.60 (10.89%), if tomorrow open low and go down sharply to ~4.5,
chance to buy, already reach 15% by the news power ; not so much space down;
I see news oppsite way, maybe the MM just didn't get enough cheap chips but stock price already rocket up, find a way to scare people out and get some low chips, then do it again;
afterall, a small company with 44.32M shares , market cap so far 244M $, mind your risk short term; long term wise, risk low if survived; YMYD;