NeoPhotonics Corporation (NYSE:NPTN)
NeoPhotonics Corporation
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TDA - SMA Crossover (Bearish)
Recs
This could go go go with a boom, with lots of upward potential with a low market cap in high technology.
Insiders are buying up stock, too, which is a good sign.
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an IPO with big potential
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The entire sector has been battered of late. The company came public at $14, rose to $20, and has now dropped to less than half of the high. Neo has an excellent proprietary technolgy, great management, and a very reasonable balance sheet. Perhaps most importantly, its VC firm (Harris and Harris - TINY) has publicly stated that they have no intention of selling their position after the lockup expires.
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In simpl terms - it's all about connectivity
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Ita technology
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