Haunting_Low
$SBC to be a little careful here.
Unless we eventually get a convincing breakout to new highs, the stock risks continuing to look like a value trap — even if the underlying business keeps improving. Ironically, that perception could create some of the better buying opportunities.
I still expect Aikawa to sell more shares at some point. If that happens, I wouldn’t be surprised to see an initial knee-jerk selloff, but unless the fundamentals change, I’d probably view that more as a liquidity event than a broken thesis.
Conversely, appointing a new independent director / further governance improvements could easily cause the opposite reaction and start removing some of the discount the market applies to SBC.
So for me, the interesting part is that there could be opportunities on both sides of the volatility. If management continues executing toward the 2035 strategy, prices around these levels could look very attractive in hindsight.
NFA
2
