Mar. 16 at 3:14 AM
$ELA
$ELA Earnings Wednesday after close. The setup nobody's talking about:
DDR4 prices +50% in Q4, tripled YoY (Samsung/Micron killing production)
Gold at
$5,100/oz
Their ITAD segment hit 63.8% gross margin in Q3
Beat EPS estimates by 117% last quarter
5 ITAD subsidiaries including data center decommissioning
Short interest DOWN 13% — bears covering ahead of earnings
State Street, Deutsche Bank, Wells Fargo all added shares in Q4
Market sees a jewelry stock. It's actually an urban miner extracting gold, copper, DDR4 from retired IT hardware. E-waste has 40-800x more gold per ton than natural ore.
3 analysts. 8% institutional ownership. Nobody's watching. Yet.