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The risk TSMC faces is that competitors will bring up new capacity and deal with improved performance, the stock projects the value of profit "forever" not just
by riffraff 5y ago
The risk TSMC faces is that competitors will bring up new capacity and deal with improved performance, the stock projects the value of profit "forever" not just for the next couple years.
- vmception 5y ago(Inaccurately projects) Nothing is “priced in” and prices really highly on historical volatility One way to tell is to look at how nearer term options are priced than LEAPS are. LEAP pricing is telling you nobody knows a damn thing and they are consistently undervalued.