Current "battleground" stock that's suffering from a deceptive short-report. Structurally advantaged co. with what I believe is 100%+ upside in 24 months.
Hmmm. I have to admit, I regret buying into the hype going into earnings. Down 25% now very quickly on my position sadly. I have always had a rule to avoid buying anything that’s run up into earnings, and I broke it here with FTAI. FTAI is basically trading like a levered NASDAQ stock…each day the nasdaq has dropped, FTAI has lost about 2x-3x that amount. Seems the stock has lost all short term excitement.
Yeah I guess it’s just frustrating to see what feels like an endless bid on the price….just dropping like a rock each day with the NASDAQ. You’d think it was an AI hype bubble stock.
Hello do you have an update on this after earnings?
Hi Walter, earnings were fine. I'm more excited about:
1. Margin expansion in Aerospace Parts (up to 50% EBITDA margins)
2. Strategic Capital Initiative changes the nature of taking market share in the next 24 mo. and can't be understated.
3. Given their structural advantages, I see no reason they can't triple market share from here in the coming years
4. New factory in Rome is a huge step in becoming a more global brand!
Those were my takeaways.
Think we need to wait till next earnings release for the stock to move up? Kind of bummed I bought in right before the earnings report 😭
Unsure when the stock will go up, but fundamentals are still trending in a solid way. No change in confidence / position size.
Hmmm. I have to admit, I regret buying into the hype going into earnings. Down 25% now very quickly on my position sadly. I have always had a rule to avoid buying anything that’s run up into earnings, and I broke it here with FTAI. FTAI is basically trading like a levered NASDAQ stock…each day the nasdaq has dropped, FTAI has lost about 2x-3x that amount. Seems the stock has lost all short term excitement.
If you have a 1+ year perspective on FTAI then I wouldn’t get caught up on this recent drop
Yeah I guess it’s just frustrating to see what feels like an endless bid on the price….just dropping like a rock each day with the NASDAQ. You’d think it was an AI hype bubble stock.