This stock has been heavily suppressed and its showing a strong bullish accumulation above $5 right now. Looking for comfirmation of a breakout for the squeeze. High CTB, low SAB. OI at the $5 strike is causing a stall right now around 5.2 as market makers hedge/ resist the breakout. if it breaks the hedging I think shorts will start covering more heavily.
edit to add why this is a good company outside of just a squeeze play and why I like this one even if the squeeze doesn't set off tomorrow:
I hold 2.5k shares long in LAES and am looking to do a leveraged swing play on a breakout & use the profits to add to my long position
Strong cash position
no excessive/detrimental debt
warrants with a $9.25 strike suggest no real headwinds outside of shorts, profit takers, and market maker hedging around options trading
MoU in India with the government there subsidizing the build out for the fabrication facility, 300m+ chips targetted for annual production. Most likely to peak late 2027/sometime 2028
Personalization centers in other countries to capture sovereign market
Potential acquistion of Quobly for direct quantum computing play
Acquisition of Ic'Alps
leader in the field as shown by their presence in Davos and talks with IONQ suggesting that their technology works well with IONQ and is not exclusive which suggests a potential partnership here.
Parent company holds majority voting rights through class F shares but is not siphoning of revenue: 4.8% common share stake
Sister company set to spinoff with a SPAC, sister company will be launching satellites
Wisekey (WKEY) set to use LAES semiconducters for the SEALSCOIN that is going to be used with the hedara chain for securing financial transactions (already being adopted by \~125 Swiss companies for testing the WiseID).
50-100% targeted revenue growth
on the NASDAQ Global Select Market for financial transparency (Same as AAPL and NVDA)
NFA, invest at your own risk but IMO this reward vs risk is asymmetrical for a buy and hold.