Clearfield, Inc. (CLFD)

CLFD is an exceptional stock and continues to be my #1 pick, just got a little lofty to quickly on last runup. Would be nice to see it form a base in the mid 80s (not far from where it is) and then resume a run-up before earnings. I actually think this stock can do well towards the end of the year even if the market continues a downward trend.

Despite the lousy market factor, can anyone say why CLFD goes down so much and so fast with such enormous positive prospects. Something must be wrong somewhere else other than the market. Any ideas ?

It shouldn't go too much lower for the simple reason that the potential growth in eps justifies a high PE ratio A change in sentiment will see it go up again. Just a question of confidence in CLFD's future prospects more or less guaranteed by the gigantic $65 billion BEAD broadband fibre program. Time to reload a max. if you can.

Just back filling where it broke out from. No worries. Look at past chart from 85 to 55 and then broke out at 85 to 125

I bought more last week. Company fundamentals are solid. This is all market driven. Unless you are very short term investor (less than 60 days) buy on dips, hold for 6 months or more and reap the rewards.

Please take a look at ticker ILUS as well - ILUS International: EVs, Drones, UAVs, Urban Mining and patented firefighting and safety technology. ILUS is uplisting in 2022. They have increased their year over year revenue by 588 percent, and their quarterly revenue by 553 percent. They have been profitable every quarter since inception. Please see Yahoo Finance for more details and news. ILUS is worth a look.

Buying more on any weakness. Weakness is market driven. Underlying opportunity is big here.

Reloading here.

So will 99 be the low - do we need to trust and re-verify? Everyone ran to one side of the boat in the morning then to other side in the last hour today. More questions than answers…

What does it mean when you see a large volume (over 150% of average volume for a certain period) traded on a stock but the stock is not going anywhere? One explanation....It's a sign of absorbtion. The buyers/sellers that are agressively entering the market (the large volume prints that you're asking about) are being absorbed by the excess supply/demand that exists at that level. If the absorbtion level holds, this is typically a good point for entry. This is also referred to as churning.

Why this one .... goes down if market goes up??

Nice job CLFD - more revenues….. https://finance.yahoo.com/news/clearfield-clears-path-fiber-broadband-120000165.html

Big growth ahead - https://www.cnbc.com/2022/08/17/fiber-optic-technology-powers-the-internet-and-its-a-big-business.html

Great News! CLFD will be added to the S&P Small Cap 600 prior to the opening of trading on August 10! In aftermarket trading, CLFD is about $111/share (Up almost 8%). For those who don't know, when a stock is added to an index, index funds/etf's need to add it to their portfolio.

Yes indeed - This is the dream of all micro cap stocks that transition to small cap. CLFD is now on the radar of a lot of investors/funds! Well done CLFD!

From the most recent article - Clearfield's EPS catapulted from US$1.16 to US$2.89, over the last year. It's a rarity to see 150% year-on-year growth. What is amazing - If you did your DD....CLFD's exponential growth is just starting!

The market is going to clobber stocks with high PE's no matter how profitable. May have to ride the dip down to 84 (??). Anyone have some levels of resistance to share?

Continuing to hold.
Will add on pull back - if & when.

Awesome quarter and this is just the beginning of the ascent. Hold this for 5 years and quadruple your money.