中文翻译
随着 $AAOI 频繁进行 5 亿或 6 亿美元的自动柜台交易(ATM)发行，越来越难支持它。虽然运营前景可能在某时点转好，但股权结构/融资方式正变得对股东越来越不友好。我非常非常讨厌 ATM 和不断的资本募集，即便它们是在扩充产能。
· 个股论点
AAOI频繁ATM融资稀释股权，博主强烈看空
涉及标的： $AAOI
英文原文
It's getting much harder to support $AAOI when they keep dropping $500m or $600M ATMs left and right. At a certain point, the operating outlook could be positive. But the share structure/financing becomes increasingly shareholder unfriendly. Really, really, dislike ATMs and incessant capital raises, even if they're building up capacity.