Not so funny story (to me, at least.)
I was going through the monthly quant screens I get from Kailash Concepts the other day, looking for new Red Flag Alert ideas...
There was one that stood out: Aehr Test Systems, which makes test equipment for silicon carbide chips used in EVs. Not only did it land on three of Kailash’s screens – which often signals – but it ranked 1554 out of 1555 small/mid-cap names. Typically, a rating that low suggest a stock will underperform for 12 months, which is saying something for Aher, which already has lost more than half its value since September.