5N Plus Inc T.VNP

VNP on the move

[MacBook]

Shorts dropped 509,774 to 2,006,160

Big block of 70K offered at 4.80 at close ...still a healthy groups of sceptics here.

On the other hand insider buys up
New markets opening up for VNP for GaN on si - very big of datacenter power play
New contarct for FSLR
Analyst coverage will have to catch up to new revenue guidance.

Shorts will have to cover here  or it's gonna hurt.more.  VNP to $10 glta

[flowthru]

I don't know how long they want to keep the share as low as they can to accomulate. 5N + should be much more  than $10 based on future outcome or buyout.

[MacBook]

good points flow GAN system got bought out for $800M US. we're at 475M Cd Slightly different company but as vnp moves up the food chain in the semi industry, it will have be rerate.  Power efficiencies in the datacenter to drive large scale AI will need GAN-on-SI.  Delicious target for a north american foundry ...INTEL, Globalfoudries and of course FSLR Iooking to break 5yr highs