For sure, there are risks and red flags to take note of. And the new share issues cannot be discounted easily.
On one hand, the CEO says it was to finance a transformation into using AI to manage their inventory and flips. On the other hand, one has to worry if this is because they have run out of cash and need to stock up their balance sheet.
Just which is the truth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

